Hong Kong’s benchmark shares index fell by 3.1 percent on Thursday. Fed increased its key rate to the highest level in 15 years. Oil prices declined following the US Federal Reserve’s decision to raise rates. Asian stock markets have fallen as the US Federal Reserve stoked recession fears by announcing that it was still hiking … Read more
Asian and European shares rebounded Friday on China’s hobby fee reduction, after sinking the day gone by on fears that sky-high inflation could spark an international downturn. “Markets had been seeking out an excuse to dance, and a China rate reduce provided the motive,” IG analyst Chris Beauchamp informed. “It isn’t much when set against the broader … Read more
RIYADH: Gulf Capital, a financial institution based in the UAE, has added Dubai and Abu Dhabi to the list of possible markets for the initial public offerings of one of its assets in 2022, CEO Karim El-Solh told Al-Bayan paper. The return of IPOs in Dubai and Abu Dhabi financial markets have encouraged the company to consider … Read more
Main European stock markets dropped in opening deals on Monday after a spiteful selloff in Asia, as doubts raised over a likely downfall of debt-laden property giant China Evergrande. London’s benchmark FTSE 100 index lost 1.0% to 6,894.33 points, associated with Friday’s closing level. In the eurozone, Frankfurt’s DAX 40 fell 1.9% to 15,202.28 on … Read more
