Recent Posts

US stock-index futures little changed while Apple slips

  Bloomberg U.S. index futures were little changed, after equities saw the biggest gain in three weeks, while investors awaited jobs data due this week for further clues on the path of Federal Reserve policy. Apple Inc. slipped 0.9 percent in early New York trading after being ordered to repay 13 billion euros ($14.5 billion) plus interest as the European ...

Read More »

Gulf shares slightly up in lethargic trade

  Dubai / Reuters Stock markets in the Gulf edged up in early trade on Tuesday after oil prices and Asian bourses made modest recoveries but trading volumes were thin. Dubai’s index climbed 0.1 percent with gainers outnumbering losers 13 to five. Trade mainly focused on speculative shares favoured by short-term local traders; builder Arabtec rose 0.7 percent and GFH ...

Read More »

Gold set for rare losses this month as metal’s popularity dims

  Bloomberg For the first time in seven years, gold has fared poorly in August. Metal for immediate delivery dropped 2.2 percent this month as the Federal Reserve moved closer to raising interest rates and bullion purchases for exchange-traded funds slowed. The loss is unusual because, even as prices plunged during the past five years, gold always rose during August ...

Read More »
Send this to a friend