Hong Kong / AFP Asian shares swept higher on Monday, with Shanghai leading the charge after China replaced its securities regulator, while a rise in oil prices cheered investors across the region. Equities extended last week’s sharp rally, notching gains almost across the board after news that Russia and Saudi Arabia may freeze production sent crude higher. Chinese shares closed ...

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 1.90% to close at 4283.99 points. Accordingly the Market Capitalization has gained AED12.95 Billion attaining AED694.92 Billion. A total of 1.18 Billion Shares were traded with a total value of AED1.32 Billion during the trading session of 2016-02-22 through 12755 transactions. The number of companies which has been traded ...

Tokyo / AFP Tokyo stocks shrugged off early losses on Monday morning as a weakening yen gave a lift to exporters and oil prices rebounded, after the market’s biggest weekly rise in six years. The benchmark Nikkei 225 index fell at the opening bell, tracking a dip on US and European markets Friday, as uncertainty hung over world oil output. ...