Bloomberg New measures proposed by Asia’s oldest bourse to curb “excessive price movements” in so-called penny stocks pose hurdles for the millions of newbie traders who have thronged to that segment of India’s $3.1 trillion equity market. BSE Ltd will introduce price bands on the movement of certain stocks based on their performance over a period of six months, one ...

Bloomberg Chinese internet stocks rallied in Hong Kong after some brokers started to turn optimistic on the sector and said investors were making an attempt to find a bottom in prices after recent selloff. The Hang Seng Tech Index rose 2.5%, the most in nearly two weeks, to snap a three-day losing streak. The sector bellwether Tencent Holdings Ltd jumped ...

ABU DHABI / WAM The UAE, through its humanitarian arm, the Emirates Red Crescent (ERC), is providing urgent aid to support civilians affected by wildfires in Greece. The UAE also assisted the efforts aimed at suppressing the fires, by deploying a helicopter to contain the wildfires on the borders of the Greek capital, Athens. The aid is upon the directives ...