Markets - Equity
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HONG KONG: Asian markets were mixed on Monday despite a weak batch of US economic data boosting hopes that the Federal Reserve would put off announcing any winding down of its vast stimulus scheme at the end of a policy meeting this week.Traders were upbeat despite a soft lead from Wall Street while the dollar edged up after suffering a sell-off on Friday in New York.Tokyo jumped 2.73 percent, or 346.60 points, to 13,033.12, climbing for a second successive session after plunging more than six percent on Thursday.Sydney rose 0.71 percent, or 34.1 points, to 4,825.9, Hong Kong gained 1.22 percent, or 256.76 points, to 21,225.9 while Seoul lost 0.32 percent, or 6.14 points, to 1,883.10 and Shanghai closed down 0.27 percent, or 5.82 points, at 2,156.22.Mumbai climbed 0.77 percent, or 147.94 points, to end at 19,325.87, its second straight day of gains, even as the country's central bank kept ...
NEW YORK: US stocks scored solid gains in opening trade Monday, rebounding from Friday's sell-off ahead of the Federal Reserve monetary policy meeting this week.Five minutes into trade, the Dow Jones Industrial Average leaped 140.96 points (0.94 percent) to 15,211.14.The broad-based S&P 500 advanced 13.85 (0.85 percent) to 1,640.58, while the tech-rich Nasdaq Composite added 29.15 (0.85 percent) at 3,452.71.Stocks, in highly volatile trade Friday, posted their third losing week in four, with all three ...
LONDON: European stock markets rose solidly on Monday as traders looked ahead to a key US Federal Reserve meeting due mid-week, digested movement in the telecoms sector and kept an eye over the G8 summit in Northern Ireland.London's FTSE 100 index of leading shares climbed 0.89 percent to stand at 6,364.40 points in midday deals. Frankfurt's DAX 30 index rallied 1.49 percent to 8,249.29 points and in Paris the CAC 40 jumped 1.84 percent to ...
HONG KONG: Asian markets were mostly up Monday, as a weak batch of US economic data provided hope the Federal Reserve would put off announcing any winding down of its vast stimulus scheme at the end of a policy meeting this week.Traders were upbeat despite a soft lead from Wall Street while the dollar edged up after suffering a sell-off on Friday in New York.Tokyo jumped 2.73 percent, or 346.60 points, to 13,033.12, climbing for ...
HONG KONG: Hong Kong stocks rose 0.18 percent at the open on Monday in cautious trade ahead of a closely watched US Federal Reserve policy meeting this week.The benchmark Hang Seng Index added 38.14 points to 21,007.28 in the first few minutes.Copyright AFP (Agence France-Presse), 2013 
SHANGHAI: Chinese shares were down 0.29 percent in early trading Monday on losses in US stocks last week and concerns over the slowing domestic economy, dealers said.The benchmark Shanghai Composite Index fell 6.18 points to 2,155.86.Copyright AFP (Agence France-Presse), 2013 
ABU DHABI: Abu Dhabi investment firm Waha Capital said on Sunday it had invested an undisclosed amount in a newly established healthcare group in the United Arab Emirates through majority stakes purchased in some of its hospital and laboratory assets.Waha, whose shareholders include Abu Dhabi government entities, said the investment in Dubai-based Anglo Arabian Healthcare (AAH) would help to support the healthcare firm's expansion plans in the next five years.Healthcare businesses in the Gulf region ...More Articles...
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