Recent Posts

Trade gap in US widens to a four-month high

  Bloomberg The US trade deficit widened to a four-month high in October as overseas sales weakened and American companies imported more equipment and consumer goods. The gap grew to $42.6 billion from the prior month’s revised $36.2 billion, Commerce Department figures showed. The 17.8 percent increase from September was the largest since March 2015. The Bloomberg survey median called ...

Read More »

Global stocks go up on telecoms news, stimulus hopes

  TOKYO / AP Global stock markets rose on Wednesday amid optimism about the telecommunications industry and as investors expect more central bank stimulus in the eurozone. KEEPING SCORE: France’s CAC 40 added 0.9 percent to 4,671 while Germany’s DAX was up 1.5 percent at 10,935. Britain’s FTSE 100 rose 1.5 percent to 6,884. U.S. shares were set to drift ...

Read More »

UAE stock market outperforms region

  Reuters Stock markets in the United Arab Emirates outperformed the region on Wednesday while investors booked profits in Saudi Arabian petrochemical shares and Egyptian blue chips. Dubai’s main index closed 1.3 percent higher in healthy volume as some large and mid-sized shares, which had been relatively quiet so far this week, gained. Emaar Properties rose 2.4 percent. A Dubai-based ...

Read More »
Send this to a friend