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US stock rout eases as traders assess outlook for rates, policy

Bloomberg A semblance of calm returned to markets after the carnage sparked by hotter-than-expected American inflation that prompted investors to reassess the outlook for interest rates and economic growth. US equity-index futures rallied about 0.5% after shares had their biggest drop in more than two years, with the S&P 500 falling more than 4% and the Nasdaq 100 sliding more ...

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Gold steadies after US inflation spurs biggest drop in two months

Bloomberg Gold was steady after closing down the most in two months in the wake of higher-than-expected US inflation data. Bullion ended 1.3% lower after the consumer-price index figures were released. It had been on an upward trend this month before the inflation data surprised markets. Economists had expected the CPI to rise 8.1% in August from a year earlier, ...

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UAE, Bahrain discuss ways to bolster security coopeartion

  Abu Dhabi / WAM The joint security committee between the ministries of the interior of the UAE and Bahrain convened at the headquarters of the Ministry of Interior in Abu Dhabi, to discuss ways of boosting their security cooperation, developing e-connectivity systems and promoting the exchange of information and expertise. The Emirati side was led by Major General Khalifa ...

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