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Bloomberg The euro gained as European data boosted confidence in the region’s growth and a …
Read More »Euro gains as economy gathers pace
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Small caps support Saudi; Egypt falls amid US aid denial
DUBAI / Reuters Stock markets in the Middle East were mixed on Wednesday with Saudi …
Read More »US banks could see profit jump 20% with Trump deregulation
Bloomberg The deregulation winds blowing through Washington could add $27 billion of gross profit at …
Read More »Record reserves turn costly cash pile for Indian central bank
Reuters As India’s foreign-exchange reserves march towards the unprecedented $400 billion mark, its central bank …
Read More »Central banks must be open-minded to meet challenges, says ECB’s Draghi
Bloomberg Mario Draghi said that while central-bank actions over the last decade have strengthened the …
Read More »Bank Indonesia’s rate cut shows comfort with inflation outlook
Bloomberg Indonesia’s central bank surprised most economists by lowering interest rates, reflecting its relative comfort …
Read More »BofA executives squabble over location of EU trading hub
Bloomberg Bank of America Corp.’s investment bank executives are divided over where their European Union …
Read More »Abu Dhabi’s non-oil trade with 4 nations hits $3bn
ABU DHABI / WAM The Emirate of Abu Dhabi’s non-oil trade with four GCC states …
Read More »Global information security spending set to grow by 7%
DUBAI / Emirates Business Worldwide spending on information security products and services will reach $86.4 …
Read More »Money supply aggregate M1 down 1.9 percent
ABU DHABI / WAM The Central Bank announced that the money supply aggregate M1 decreased …
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