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Saudi, Kuwait retreat; UAE stock merkets strong

  DUBAI / Reuters Saudi Arabia’s stock market fell in a broad-based decline on Sunday and political tensions helped to pull down Kuwait, while United Arab Emirates bourses rose. The Saudi index closed 0.7 percent lower with decliners outnumbering advancers by 121 to 29. Atheeb Telecom , which jumped last week on news of a deal to sell part of ...

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Wall Street hope revived as Trump plans to roll back rules

Bloomberg Just when Wall Street was starting to wonder whether President Donald Trump really would be good for business, the new administration is delivering on bankers’ wish lists and sending shares of the biggest US financial companies soaring. Trump signed two directives aimed at starting the process of rolling back restrictions put in place to prevent another financial crisis. Among ...

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US stocks climb on payrolls surge as Trump targets Dodd-Frank

  Bloomberg US stocks rose the most in a week after Labor Department data showed US employers in January hired the most workers in four months. Financial shares rallied on the prospect of looser financial regulations. Banks posted the best day since mod-November as President Trump prepares to sign executive orders on deregulation and an examination of the Dodd-Frank act. ...

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