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Stocks mixed ahead of Fed meet; euro gains, oil rises

Bloomberg Equity markets were mixed on Tuesday, the dollar fell and Treasuries edged higher before as the Federal Reserve began a two-day meeting and investors awaited Donald Trump’s speech to the United Nations. The S&P 500 Index churned near an all-time high, stuck in one of the tightest ranges in decades. The CBOE Volatility Index slumped below 10. Europe’s equity ...

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Qatar off 5-yr low as local traders buy, Saudi index nosedives

Reuters Qatar’s stock index came slightly off a five-year low on Tuesday as local funds intensified their buying of those shares, while Saudi Arabia was the region’s worst performer. The Doha index had recorded 11 straight sessions of losses, reflecting a lack of foreign investor confidence in a speedy resolution to the Gulf diplomatic crisis. Local investors, however, have been ...

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German bank hands £45mn to UK online lender amid Brexit

Bloomberg Uncertainty around Brexit may be mounting as political leaders from the UK and the European Union clash on the terms of separation, but that isn’t slowing down foreign investors from betting on Britain’s top peer-to-peer lenders. Varengold Bank AG, a Hamburg-based private banking firm, will provide £45 million (S$82.06 million) in annual funding for loans to small businesses arranged ...

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