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Breaking News Sat, 4 Sep 2010
Dubai Islamic Bank
(photo: Creative Commons / Miss_Iks)
Stock markets prepare for post-Ramadan rally
Gulf News
| Dubai: Activity on UAE's bourses is expected to remain moderate in the last week of Ramadan despite the Abu Dhabi and Dubai markets having shown more confidence in the wake of improving sentiment among global investors. Dubai's DFM was among the highest performing markets in the region last Thursd...
Money - Currency - Economy - AED - Dirham - UAE Currency
(photo: WN / tamer)
UAE stocks trade in low volumes
Gulf News
| Dubai: Both the Dubai Financial Market General Index (DFMGI) and Abu Dhabi Securities Exchange General Index (ADI) have continued to trade on low volumes with miniscule ranges for the week. Investors continue to wait for a catalyst to spark interest and are hopeful that activity will pick up after...
Nigerian crackdown: Iron Lady promises a clean stock exchange
The Independent
| Nigeria's "Iron Lady", Arunma Oteh, has promised to stamp out corruption in the country's financial sector ahead of a privatisation of the Nigerian Stock Exchange, which lists companies worth £3.76bn. | Ms Oteh, who heads Nigeria's Securities Excha...
Stock markets prepare for post-Ramadan rally
Gulf News
| Dubai: Activity on UAE's bourses is expected to remain moderate in the last week of Ramadan despite the Abu Dhabi and Dubai markets having shown more confidence in the wake of improving sentiment among global investors. Dubai's DFM was among the hi...
UAE stocks trade in low volumes
Gulf News
| Dubai: Both the Dubai Financial Market General Index (DFMGI) and Abu Dhabi Securities Exchange General Index (ADI) have continued to trade on low volumes with miniscule ranges for the week. Investors continue to wait for a catalyst to spark interes...
Petrobras to sell $64.5b of new shares in record offer
Gulf News
| Rio De Janeiro: Brazilian state oil company Petrobras last week filed to sell up to $64.5 billion of new stock — the largest in capital markets history — sending its stock sharply higher after months of uncertainty that dragged on its s...
Traders work on the floor of the New York Stock Exchange, Friday, Aug. 7, 2009 in New York
AP / Mary Altaffer
US stocks soar after employment data
The Daily Telegraph Australia
| US stocks closed higher on Friday after a much anticipated jobs report lifted hopes that the US economic recovery is on the right track. | The Dow Jones Industrial Average jumped...
US Dollar - Currency
WN / Rubielyn Bunag
US stocks soar after employment data
The Australian
| US stocks closed higher on Friday after a much anticipated jobs report lifted hopes that the US economic recovery is on the right track. | The Dow Jones Industrial Average jumped...
A trader uses a phone post on the floor of the New York Stock Exchange Tuesday, June 30, 2009
AP / Richard Drew
Wall St set for bumper week as economy fears ease
The Times Of India
NEW YORK: Wall Street was set to close out its best week in six on Friday after recent economic data, including a stronger-than-expected jobs report, showed the US economy may be i...
Global economic recovery not in ninth inning yet
The Examiner
| The global economic recovery has not reached the ninth inning yet, according to economist Nouriel Roubini. | The New York University economist gained notoriety when he accurately predicted the collapse of the 2008 global financial system while most...
"It's the economy stupid"; is the new rhetoric from Washington a reason for stock market optimism?
The Examiner
| After Friday’s less than stellar jobs report, President Obama made the following statement, "We need to take further steps to create jobs and keep the economy growing, including extending tax cuts for the middle class and investing in the areas o...
PTC India Financial Services plans IPO
The Times Of India
KOLKATA: PTC India Financial Services, a 100 per cent subsidiary of PTC India Ltd, would enter the capital market to raise Rs 700-800 crore, a company official said. | Director of PTC India Financial Services Ashok Haldia said that the fund raising w...
Insider Trading
reliance petrolium - oil - india - industry
(photo: WN / aruna1)
Sebi rejects RIL's consent appeal on insider trading issue
Deccan Chronicle
--> Sebi rejects RIL's consent appeal on insider trading issue | Share ARTICLEURL | Market regulator Sebi is believed to have turned down any out-of-court like settlement sought by Reliance Industries in the ongoing probe relating to alleged insider trading in shares of erstwhile group firm RPL. | Sources said that a final order could be made ...
Derivatives
 KLdy1 - oil prices - British Petroleum - BP Petrol Kiosk - petrol station. (dy1)
(photo: WN / deniseyong)
BP to sell Malaysian ethylene and polyethylene interests to Petronas
The Examiner
| BP today announced that it has agreed to sell its interests in ethylene and polyethylene production in Malaysia to PETRONAS. The agreement concerns BP’s 15 per cent interest in Ethylene Malaysia Sdn Bhd (EMSB) and 60 per cent interest in Polyethylene Malaysia Sdn Bhd (PEMSB), both of which are operated by PETRONAS, and are located at Kertih, on...



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