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BLOOMBERG Equity markets in the United Arab Emirates extended declines on speculation recent gains …
Read More »UAE stocks lead Gulf equity slump as bank profits decline
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Emirates Securities Market down by -0.99 percent
ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -0.99% to close …
Read More »China Construction Bank gains despite bad loans
Bloomberg China Construction Bank Corp., the nation’s second-largest lender, reported a 1.4 percent gain …
Read More »Islamic finance expert to take top role in Turkey bank
Ankara / Reuters Turkey’s central bank will promote the head of its markets division …
Read More »German banks see no quick pick up in Iran business
Berlin / Reuters Restoring German banks’ financial ties with Iran will take time given …
Read More »Spain’s Bankia Bank sees low interest rates marring profits
Madrid / AFP Spain’s state-rescued lender Bankia has posted a 3.3-percent fall in first-quarter …
Read More »Italy’s Atlante raises $4.8bn for bank IPOs, bad loans
Bloomberg Italy’s Atlante, the government-orchestrated banking fund, raised € 4.25 billion ($4.9 billion) from …
Read More »Turkish conglomerates race into construction, seek quick profits
Reuters Turkish conglomerates are racing to add high-end apartment blocks and office towers to …
Read More »Cousins properties to buy Parkway for $1.95bn in stock
Bloomberg Cousins Properties Inc. agreed to buy Parkway Properties Inc. for about $1.95 billion …
Read More »US home prices rise at solid pace, even with flat sales
AP U.S. home prices continued their steady upward march in February as buyers competed …
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