Bloomberg Pakistani stocks rose after the International Monetary Fund (IMF) said it plans to disburse about $1.4 billion in emergency financing next week to help the nation shield its economy hit by the coronavirus outbreak. “The IMF and the Pakistani authorities are working hard for a prompt approval and disbursement” in a single installment, Teresa Daban Sanchez, IMF’s chief in ...

Bloomberg Investors who want to trade big swings in risk sentiment may want to venture outside the typical US stocks play and consider currencies, according to analysts at Standard Chartered Plc. An analysis of how the S&P 500 Index and currencies traded relative to their volatility indicated that some foreign exchanges were more efficient in capturing the shifts through the ...

DUBAI / WAM National Bonds, the UAE-based financial and Sharia-compliant investment company, announced that its assets under management increased by 9 percent to AED7.8 billion in 2019, according to the results published by the company. The assets included mainly Wakala Deposits (38%), Real Estate – Yield Generating (27%) and sukuk (25%), according to National Bonds, which is owned by the ...