The Chinese Communist Party’s relationship with the private sector is a sensitive one, both in ideological and practical terms. Though it remains a nominally communist state, China’s role as an economic superpower is owed entirely to the fundamental overhaul of its state-controlled economy. Starting with Deng Xiaoping’s “Reform and Opening” campaign in 1978, the government gradually ceded control over the …

BLOOMBERG U.S. stock-index futures advanced and the dollar headed for the longest rally since October against the yen as speculation grew the world’s largest economy is strong enough to withstand another interest-rate increase. Oil rose for the first time in three days, sending Russia’s ruble toward the biggest gain in more than a week. Contracts on the Standard & Poor’s …

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -0.47% to close at 4393.78 points. Accordingly the Market Capitalization has lost AED 3.38 billion attaining AED 712.73 billion. A total of 398.31 Million Shares were traded with a total value of AED 447.32 million during the trading session of 2016-03-28 through 5102 transactions. The number of companies which …