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Emirates Securities Market down by -1.18 percent

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -1.18% to close at 4450.65 points. Accordingly the Market Capitalization has lost AED 8.59 billion attaining AED 721.95 billion. A total of 0.52 Billion Shares were traded with a total value of AED 0.61 billion during the trading session of 24-03-2016 through 7186 transactions. The number of companies which ...

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BOJ board debated rolling back negative rates at March meeting

TOKYO / Reuters Bank of Japan (BOJ) policymakers engaged in heated debate during their policy review in March on the pros and cons of their decision in January to adopt negative interest rates, with one even saying it was preferable to roll it back. A summary of the March 14-15 meeting of the nine-member board that was released on Thursday showed ...

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ANZ bad debt warning sparks resources lending fears

Sydney / AFP ANZ Bank on Thursday warned sour loans will cost it at least A$900 million in the first-half, and analysts warned of more trouble ahead as slumping commodity prices squeeze Australia’s resources companies. The bank said weakness in the mining and energy sectors means it now expects bad debts to cost A$100 million ($75 million) more in the ...

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