Bloomberg U.S. stocks fell from a two-month high, while the dollar and German bonds climbed as investors assessed the impact of China’s growth plans and the potential for European Central Bank stimulus measures this week. The Standard & Poor’s 500 halted its longest rally since October, while miners and banks led the Stoxx Europe 600 Index lower from a five-week ...

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 0.62% to close at 4563.26 points. Accordingly the Market Capitalization has gained AED 4.53 billion attaining AED 740.22 billion. A total of 1.97 billion shares were traded with a total value of AED 2.32 billion during the trading session of 07-03-2016 through 20575 transactions. The number of companies which ...

Bloomberg Companies are second guessing whether to participate in green-bond markets as scrutiny by environmental groups raises the bar on what constitutes a climate-friendly security. After quadrupling in size from 2012 to 2014, lifted by investors tracking environmental performance in addition to yield, the green bond market is expected to slow for a second consecutive year, according to Bloomberg New ...

AFP He’s the name behind the world’s first electric supercar, winning international plaudits for his ingenuity. But for Croatia’s 28-year-old Mate Rimac, it all started as a hobby in his garage. A keen techie since high school, Rimac was racing an old BMW when he blew the engine and decided to turn the car into an electric one starting with ...

Flint / AFP With the Democratic presidential nomination in sight, Hillary Clinton sought to repel sharp attacks from party rival Bernie Sanders, while training some fire on Republican frontrunner Donald Trump. “Donald Trump’s bigotry, his bullying, his bluster are not going to wear well on the American people,” Clinton said in a sometimes testy debate with Sanders sponsored by CNN ...

London / AFP Brussels is to propose centralising claims for asylum in the European Union as it struggles to address Europe’s biggest migration crisis since World War II, the Financial Times reported on Sunday. The European Commission will make the proposal as part of a radical overhaul of its refugee policy to be announced at a summit of EU leaders ...

Jakarta / AFP Indonesia’s leader on Monday held talks with Sudanese President Omar Al-Bashir, who has been indicted for war crimes by the International Criminal Court, with Jakarta defending having invited him to a summit of Muslim countries. Bashir met President Joko Widodo and the Indonesian foreign minister briefly on the sidelines of an Organisation of Islamic Cooperation (OIC) summit ...

Bloomberg Slovak Prime Minister Robert Fico started coalition talks after Saturday’s inconclusive elections, which cost him his majority in parliament, saw two nationalist groups win seats in the assembly, and raised the potential of a repeat vote. Fico’s Smer party won 28.3 percent, below the 44 percent he scored in a 2012 ballot. Voters elected seven other parties into the ...

Seoul / AFP North Korea threatened pre-emptive and “indiscriminate” nuclear strikes against South Korea and the United States on Monday, as the two allies kicked off their annual, large-scale military exercises. The drills always raise tensions on the divided Korean peninsula and the situation is particularly volatile this year, given the North’s recent nuclear test and long-range rocket launch and ...

Brussels / AFP EU leaders held a summit with Turkey’s prime minister on Monday in order to back closing the Balkans migrant route and urge Ankara to accept deportations of large numbers of economic migrants from overstretched Greece. The European Union is hardening its stance in a bid to defuse the worst refugee crisis since World War II by increasingly ...