Reuters The Saudi stock index fell on Sunday after news that index compiler FTSE had decided to delay including Riyadh in its secondary emerging market index, while Kuwaiti blue chips were strong after FTSE included Kuwait. In its annual country classification review, FTSE praised Riyadh’s market reforms but said it would need more time to evaluate their practical impact. It ...

Bloomberg South Korean exports surged to a record last month in the latest sign that stronger global trade is helping to underpin growing momentum for the global economy. The nation’s shipments abroad rose for an 11th month in September, driven by overseas demand for steel, semiconductors and petrochemical products. Exports jumped 35 percent from a year earlier, the trade ministry ...

Bloomberg China’s central bank said it will reduce the amount of cash lenders must hold as reserves from next year, with the size of the cut linked to the flow of funding to parts of the economy where credit is scarce. The targeted measures apply to all major banks, 90 percent of city commercial banks, and 95 percent of rural ...