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ADX reduces transaction fees on trading activities by more than 22%

Abu Dhabi / WAM The Abu Dhabi Securities Exchange (ADX) announced on Saturday that it is reducing overall trading activity fees on all exchange transactions starting from February 14 as part of its “ADX One” strategy to double the market capitalisation of companies listed on the exchange in the next three years. The new pricing structure will be the second ...

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Oil extends its weekly gain with Brent pushing to $60

Bloomberg Oil set a fresh one-year high in New York with continued producer supply curbs helping spur strength everywhere from physical markets to the futures curve. Futures gained 1.1% in New York to the highest since late January 2020, while Brent crude remained just under $60 a barrel in London. The number of vessels sailing towards China jumped to a ...

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China approves second vaccine

Bloomberg Sinovac Biotech Ltd received regulatory approval from Chinese authorities for its coronavirus vaccine to be used by the general public in the country’s second such authorisation. The conditional approval was announced by the National Medical Products Administration on Saturday. Sinovac earlier said the protective efficacy of its vaccine, CoronaVac, met World Health Organization and China regulatory standards 14 days ...

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