Bloomberg China’s large-cap stocks fell for a second day as a technical indicator signaled recent gains were overdone. Insurance companies led the retreat. The SSE 50 Index of some of China’s largest companies dropped 0.6 percent at the close. New China Life Insurance Co. slid the most in two weeks to lead insurers lower, while Kweichow Moutai Co. fell the ...

Bloomberg Goldman Sachs Group Inc., the dominant commodities trader on Wall Street, is reviewing the direction of the business after a slump in the first half of the year, according to people with knowledge of the matter. By reconsidering the bank’s long-held view that the downturn in profitability is cyclical and will eventually reverse, Chief Executive Officer Lloyd Blankfein, who ...

JEDDAH / Emirates Business The Islamic Development Bank (IDB), a multilateral development financing institution with 57 member countries as shareholders, is now fully delivering on its mandate to foster socio-economic development among its member countries, thanks in large part to the recent transformation of its core banking technology, using SAP. IDB supports the growing Islamic Finance, with a recent report ...