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REITs shine in Saudi, trading volume shrinks in Qatar

DUBAI / Reuters Real estate investment trusts were some of the top gainers on Saudi Arabia’s stock exchange on Monday, a day before the listing of a new trust, but bourses in the region were generally sluggish, especially Qatar. All four listed REITs were among the 10 most heavily traded shares in Riyadh, where the main index edged up 0.2 ...

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Yellen, Draghi head to ‘Jackson Hole’ with prices missing goal

Bloomberg As the world’s top central bankers gather in Wyoming this week, their relief about a stronger global economy will be tempered by a growing unease that inflation remains inexplicably low. Federal Reserve Chair Janet Yellen and European Central Bank President Mario Draghi will be among the officials addressing this year’s installment of the annual conference hosted by the Kansas ...

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Chinese banks’ leverage falls for first time in 7 years

Bloomberg Chinese banks’ leverage fell for the first time in seven years as the government’s campaign to curb risks in the $40 trillion financial system started to bite. The balances of both interbank assets and liabilities at the end of June declined by 1.8 trillion yuan ($270 billion) from the beginning of the year, the China Banking Regulatory Commission disclosed ...

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