The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Since talks on the UK’s exit from the European Union kicked off in June, there …
Read More »Brexit talks flounder and somebody needs to care
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Euro drops with Spain on edge; bonds and oil climb
Bloomberg The euro weakened as investors watched and waited for the next big development in …
Read More »NCB, Mobily hit Saudi, Emaar weighs on Dubai
Reuters National Commercial Bank and telecom stocks dragged down Saudi Arabia’s main index while Emaar …
Read More »Draghi seen going for ECB bond buying limit in QE’s last hurrah
Bloomberg The European Central Bank (ECB) will halve monthly bond purchases to €30 billion ($35 …
Read More »HSBC appoints Jayant Rikhye as India CEO
Bloomberg HSBC Holdings Plc named Jayant Rikhye as chief executive officer of its India unit, …
Read More »Merrill Lynch fined $45.5mn in UK’s first EMIR penalty
Bloomberg Bank of America Corp.’s Merrill Lynch was fined 34.5 million pounds ($45.5 million) for …
Read More »ANZ group settles interest rate rigging case
Bloomberg Australia & New Zealand Banking Group Ltd. reached a last-minute settlement with the nation’s …
Read More »Turkey-Iran central banks to trade in local currencies
ISTANBUL / Reuters Turkey and Iran’s central banks have formally agreed to trade in their …
Read More »BOJ suggests Japanese banks have too many employees, branches
Bloomberg Japanese banks may have too many employees and branches, and overcapacity is contributing to …
Read More »BlackRock says unloved Asian investors turn to bond ETFs
Bloomberg Smaller Asian bond investors overlooked by banks are increasingly turning to exchange-traded funds to …
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