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Japan’s economic woes cast shadow on Abe’s twin poll option

Tokyo / Bloomberg With Japan’s economy shrinking, the stock market in turmoil, and a stronger yen threatening export earnings, Prime Minister Shinzo Abe’scalculus on whether to call a snap general election this summer has suddenly grown more complicated. Another win in the lower chamber along with an expected victory in the upper house vote set for the summer could allow ...

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Emirates Securities Market index up by 0.16 percent

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 0.16% to close at 4168.24 points. Accordingly the Market Capitalization has gained AED1.09 Billion attaining AED 676.14 Billion. A total of 454.37 Million Shares were traded with a total value of AED0.52 Billion during the trading session of 17-02-2016 through 5465 transactions. The number of companies which has been ...

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Asian stocks down, oil struggles

Hong Kong / AFP Most Asia stock markets went into reverse on Wednesday after a recent rally, with energy firms down and oil unable to hold early gains after an output freeze by top producers Saudi Arabia and Russia left investors disappointed. The commodity had enjoyed a surge from Friday to early Tuesday as Moscow and Riyadh — the world’s ...

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