ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -0.99% to close at 4576.75 points. Accordingly the Market Capitalization has lost AED 7.44 billion attaining AED 742.41 billion. A total of 323.55 Million Shares were traded with a total value of AED 430.67 million during the trading session of 01-05-2016 through 4682 transactions. The number of companies ...

  Bloomberg China Construction Bank Corp., the nation’s second-largest lender, reported a 1.4 percent gain in first-quarter profit from a year earlier even as bad loans climbed. Net income rose to 68 billion yuan ($10.5 billion) in the three months ended March 31, the Beijing-based lender said in a filing to the Hong Kong stock exchange. Nonperforming loans jumped to ...

  Ankara / Reuters Turkey’s central bank will promote the head of its markets division to deputy governor, officials announced, elevating another banker with Islamic finance credentials to its policy-setting committee. Erkan Kilimci is due to be named as one of the bank’s four deputy governors shortly, the officials said, declining to be identified because the information has not yet ...