DUBAI / Reuters Stock markets in the Middle East firmed on Wednesday with Abu Dhabi outperforming its peers for a second day as institutional investors targeted blue chips, while crude oil near a one month high boosted Saudi Arabia. Abu Dhabi’s index climbed 2.0 percent on the back of a 4.1 percent jump in shares of newly merged lender …

  Bloomberg Indian shares touched a new high a day before the central bank’s monetary policy meeting, boosted by a rally in property developers. The benchmark Sensex and the NSE Nifty 50 indexes, which reopened after a holiday, extended Monday’s record levels. The Sensex climbed 0.2 percent and the Nifty gained 0.3 percent at the close in Mumbai, while an …

  CHIBA / Reuters Producers of liquefied natural gas (LNG) have shot themselves in the foot with oversupply, and face calls for flexibility and greater competition from other fuels that may force them to take more risks and start trading just like other commodity dealers. That’s a big change for a market long dominated by large producers such as Royal …