Bloomberg Asian and European stocks fell with U.S. equity futures after Group of 20 finance chiefs made only vague commitments to spur growth at a Shanghai meeting. Japan’s yen rose with gold as haven assets were favoured. The MSCI Asia Pacific Index slipped to a one-week low and the Stoxx Europe 600 Index declined for the first time in three ...

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 1.56% to close at 4356.37 points. Accordingly the Market Capitalization has gained AED 10.82 billion AED attaining AED 706.66 billion. A total of 1.63 billion Shares were traded with a total value of AED 2.05 billion during the trading session of 2016-02-29 through 17932 transactions. The number of companies ...

BEIJING / Bloomberg The Chinese economy is pock-marked with companies that can’t pay their bills and survive only with government help. Jiangshi, the Chinese call them — ‘vampire companies’ or ‘zombies’. These ghoulish companies and their debts are hindering the world’s second-biggest economy and will likely do so for years. Companies that miss debt payments inflict losses on banks, which then ...