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India stocks rise as firms gradually open for business

Bloomberg Indian stocks rose amid optimism the restarting of business will help revive the economy. The S&P BSE Sensex Index added 1.8% to 31,169.39 as of 11:43 am in Mumbai on Thursday, while the NSE Nifty 50 Index gained 1.7%. Both gauges may be volatile ahead of the expiry of monthly derivatives contracts, after crossing their 50-day moving averages on ...

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Singapore Exchange faces heightened competition

Bloomberg Singapore Exchange Ltd. (SGX) faces heightened competition, a drop in profits and close monitoring of its dividend policy after MSCI Inc.’s decision to shift index licensing for some derivatives to Hong Kong, analysts said. MSCI will stop licensing for most derivatives products on SGX’s platform early next year, while separately agreeing to let Hong Kong Exchanges & Clearing Ltd. ...

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Hamdan unveils new award for firms battling pandemic

DUBAI / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, announced an exceptional 4th edition of the Hamdan bin Mohammed Award for Innovation in Project Management featuring a new category titled ‘Innovative Practices in Handling the Covid-19 Pandemic’. With the new category, the award seeks to recognise organisations ...

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