Pricing peace, ignoring risk Published 16 Apr, 2026 06:16am Two headlines framed the week in a way markets are still trying to reconcile. Pakistan preparing to host a second...
Wall St rallies on hopes for renewed US-Iran talks Published 15 Apr, 2026 06:01am NEW YORK: Wall Street’s main indexes advanced on Tuesday after reports of fresh efforts to ease the Middle East...
Wall St rebounds as TSMC ignites chip rally Published 16 Jan, 2026 05:52am NEW YORK: Wall Street’s main indexes snapped back on Thursday, lifted by a chip-fueled surge after TSMC’s...
Gold cracks USD4,600/oz as Fed uncertainty fans safe-haven rush Published 13 Jan, 2026 05:36am NEW YORK: Gold hit a record above USD4,600 per ounce on Monday and silver reached a fresh peak as investors piled...
Ex-finance minister raises concerns over $2bn Binance tokenisation deal Updated 13 Dec, 2025 10:39pm Asad Umar raises questions over the selection process
MSC, BlackRock bid for Hutchison’s Barcelona terminal faces EU probe Published 28 Nov, 2025 06:17am BRUSSELS: BlackRock and MSC’s bid for most of CK Hutchison’s global port operations faces a hurdle in Europe ...
Binance CEO Teng says bitcoin volatility in line with most asset classes Published 21 Nov, 2025 12:26pm The fall comes after bitcoin hit an all-time peak above $126,000 in early October
Abu Dhabi’s Lunate to commit $1 billion to new investment platform launched with BlackRock’s HPS Published 30 Oct, 2025 03:57pm ABU DHABI: BlackRock-owned HPS Investment Partners and Abu Dhabi’s Lunate plan to launch a new platform to invest in...
BlackRock and Saudi Arabia’s PIF launch new mutual funds Published 30 Oct, 2025 05:38am LONDON/RIYADH: BlackRock and Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, have launched new...
Trump starts Gulf visit seeking big economic deals Published 13 May, 2025 11:45am RIYADH: US President Donald Trump will arrive in Saudi Arabia on Tuesday morning to kick off a four-day swing...
BlackRock quarterly profit falls on higher costs Published 11 Apr, 2025 05:06pm BlackRock posted a drop in first-quarter profit on Friday as the world’s largest asset manager took a hit from...
Australian shares rebound on miners’ back; Qantas flies high Updated 27 Feb, 2025 12:13pm Australian shares snapped two sessions of declines on Thursday as miners rebounded after a three-day losing streak,...
BlackRock plans to hire 1,200 people in India ramp-up, Bloomberg News reports Published 05 Feb, 2025 11:12am Blackrock plans to hire nearly 1,200 people to expand its two support hubs in India, Bloomberg News reported on...
TikTok is restoring service, thanks Trump Published 20 Jan, 2025 08:13am WASHINGTON: TikTok began restoring its services on Sunday after President-elect Donald Trump said he would revive...
Bond rebound uncertain as Trump plans overshadow Fed rate cuts Published 08 Nov, 2024 11:09am NEW YORK: Prospects of a near-term rebound in the $28-trillion US government bond market are faltering, as Donald...
Abu Dhabi firms to launch tokenized US Treasuries fund Published 01 Nov, 2024 06:51am NEW YORK: Abu Dhabi firms Realize and Neovision Wealth Management have launched an investment vehicle that will buy...
Treasuries slip, dollar firm as markets grapple with US politics Published 15 Jul, 2024 10:21am SYDNEY: US bond futures slipped and the dollar firmed on Monday as investors wagered the attack on US presidential...
BlackRock strikes $12.5bn deal for Global Infrastructure Partners Published 13 Jan, 2024 05:38am NEW YORK/LONDON: BlackRock said on Friday it would buy Global Infrastructure Partners (GIP) for $12.5 billion in a...
Bitcoin ETFs begin trading in end to decade-long tussle with SEC Published 12 Jan, 2024 03:06am NEW YORK: Several exchange-traded funds (ETFs) tied to the spot price of bitcoin began trading in the US on Thursday...
Market expectations of Fed cuts ‘overdone’, volatility to jump in ‘24: BlackRock Published 06 Dec, 2023 04:27am NEW YORK: Global markets will be swayed by greater volatility in 2024 as the Federal Reserve cuts benchmark interest...
COP28: UAE president announces $30bn fund to bridge climate finance gap Updated 01 Dec, 2023 09:58pm DUBAI: United Arab Emirates President Sheikh Mohammed Bin Zayed announced on Friday the establishment of a $30...
Exxon Mobil to sell its majority stake in Italy LNG terminal to BlackRock Published 04 Oct, 2023 11:43am HOUSTON: Exxon Mobil Corp chose BlackRock as the potential buyer for its majority stake in Italy’s main liquefied...
BlackRock beats profit estimates on robust inflows Published 17 Jul, 2023 03:47am NEW YORK: BlackRock Inc on Friday beat second-quarter profit estimates, as investors continued to pour money into ...
Wall Street mixed as data offsets bank earnings cheer Published 15 Apr, 2023 06:19am NEW YORK: US stock indexes were mixed on Friday morning as weak retail sales data for March suggested the economy ...
The profundity of feedback loop Updated 08 Mar, 2023 06:46am Since time immemorial, decision-making has been based on a number of factors, the most important being the feedback...
Belgium to sell part of BNP Paribas stake for more than $2bn Published 06 Mar, 2023 06:22am PARIS: Belgium is preparing the sale of a third of its 7.8% equity stake in BNP Paribas, the euro-zone’s biggest...
Gated UK property funds are open to further risk Published 12 Jan, 2023 06:26am UK property funds face further exit requests, asset fire sales and reduced demand from pension schemes after payout...
Wall Street Week Ahead: Stumbling Treasury rally clouds bond market outlook for 2023 Published 02 Jan, 2023 05:54am NEW YORK: US government bond investors hurting after the biggest annual decline in the history of the asset class ...
US stock investors face recession fears as they bid good riddance to 2022 Published 24 Dec, 2022 05:50am A rough year for US stocks is winding down, but the market’s pain may be far from over, as investors brace for an...
Wall St week ahead: JPMorgan, Citi feel recession likely next year, others say downturn is not assured Published 05 Dec, 2022 05:47am NEW YORK: Investors are eyeing everything from the US healthcare sector to UK stocks and gold as potential havens...