Reuters Dubai’s leading real estate developer, Emaar Properties, pulled the emirate’s stock index lower on Sunday while Saudi Arabia’s index again retreated from major technical resistance. The Dubai index lost 0.8 percent to 3,644 points, pulling back from resistance on the August peak of 3,681. Emaar slid 2.1 percent after saying it expected to sell 20 percent of its local ...

Bloomberg Oil investors are back in the ring. Hedge funds are finding betting on West Texas Intermediate crude more attractive again, with total positioning on the US benchmark increasing to the highest in almost a year. The surge comes as oil prices have held steady above $50 a barrel—a key psychological level—for about two weeks. “In general, people are more ...

Bloomberg New Zealand reminded currency traders this week of the power of politics to roil financial markets. The challenge is to figure out which world capital — from Tokyo to Washington — will deliver the next jolt. The kiwi tumbled as much as 2 percent and extended those losses as the opposition Labour Party won enough support in parliament to ...