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DFM achieves 96% compliance in listed firms’ disclosure

Dubai / WAM Dubai Financial Market (DFM) on Monday announced that its listed companies have record-ed a 96 percent compliance regarding the disclosure of Q2- 2019 results within the deadline of 45 days from the end of the period. The total number of UAE public and private joint-stock companies as well as the dually- listed companies on Dubai Financial Market, ...

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Trade-war uncertainty could cost world economy $585bn

Bloomberg US President Donald Trump’s tariffs on Chinese imports are getting a lot of blame for slowing the global economy, but it’s his Twitter habit that could be even more harmful. According to a report by Bloomberg Economics’ Dan Hanson, Jamie Rush and Tom Orlik, uncertainty over trade could lower world gross domestic product by 0.6 percent in 2021, relative ...

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US set to ease Huawei curbs for 90 more days

Bloomberg The US will extend for another 90 days a narrow set of exemptions that had protected rural networks and other US customers from a ban on doing business with China’s Huawei Technologies Co., Commerce Secretary Wilbur Ross said on Monday. Some telecom companies in the US are “dependent” on Huawei, and thus a 90-day reprieve was deemed appropriate, Ross ...

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