SEOUL / AP Exit polls from South Korea’s parliamentary election on Wednesday indicated that President Park Geun-hye’s conservative party would not regain its majority in the National Assembly. Such an outcome would jeopardize Park’s plans to push ahead with controversial economic reforms, and would blow open next year’s presidential race. Pollsters had predicted that the ruling Saenuri Party would crush ...

  BLOOMBERG The cloud that China cast over financial markets is starting to lift — and that’s a boon for stocks and commodities. After trade data pointed to stronger growth in the world’s second-biggest economy, global equities wiped out the last of this year’s losses, copper and iron ore jumped, and haven assets including the yen and gold retreated. European ...

  ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 0.73% to close at 4563.35 points. Accordingly the Market Capitalization has gained AED 5.35 billion attaining AED 740.23 billion. A total of 0.79 Billion Shares were traded with a total value of AED 1.2 billion during the trading session of 13-04-2016 through 9971 transactions. The number of companies ...