Tuesday , 30 December 2025

Recent Posts

Foreigners splurge on Saudi shares as FTSE begins upgrade

Bloomberg Foreign investors increased purchases of Saudi equities last week to the highest value on record as they positioned for the kingdom’s inclusion in major benchmarks. Foreigners were net buyers of about 1.6 billion riyals of stocks in five days through March 14, more than any other week since the data were first disclosed in 2015. The inflows picked up …

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India seeks higher weighting in MSCI equity indexes

Bloomberg India thinks its stocks aren’t fairly represented in several MSCI gauges that are closely tracked by investors around the world. The nation is seeking a review, The Economic Times reported on Monday. A team led by Prime Minister Narendra Modi’s principal economic adviser Sanjeev Sanyal is in discussions with MSCI Inc. since February to push for higher benchmark weighting …

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Swiss verdict may add to UBS’s tax woes

Bloomberg UBS Group AG thought it had seen the worst of its French tax scandal when the lender was slapped with a record $5 billion penalty in Paris last month. A looming Swiss Supreme Court ruling could add to its woes. The court will decide in the coming weeks on whether a lower administrative court was right to rule UBS …

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