Gold rises more than 1% on risk-off mood, dollar pause
Non-yielding gold tends to do well in a low-interest-rate environment and during times of economic uncertainty. Gold prices gained more than 1% on Wednesday, with
Dollar index at three-month high, testing top of recent range
The yen was at 154.1 per dollar, languishing near an 8-1/2-month low, pressured by wide interest rate differentials. The dollar hovered near a three-month high
As Trump-Xi trade talks near, investors turn to history as a guide
Even if the Trump-Xi meeting does not produce a definitive end to their trade war, investors are prepared to buy into any de-escalation in tensions.
How tariffs hurt the ones you love
US stock markets fell in response to the announcement of President Trump’s “Liberation Day” tariffs until the tariffs were paused a few days later. This
UAE insurance firm Salama to raise up to $48mln in Mandatory Convertible Sukuk following capital reduction
Shareholders approve capital reduction to offset accumulated losses and cancel treasury shares. The Islamic Arab Insurance Company (Salama), listed on the Dubai Financial Market (DFM),
Global bank stocks slide as US credit risks spark reality check
Global financial stocks slid on Friday as a rout in U.S. regional banking shares heightened concerns about credit quality and mounting risks in the sector. The banking
Egypt: EGX shows positive performance on Thursday
Retail investors represented 74.27% of total trading, while institutions made up 25.72%. The Egyptian Exchange (EGX) ended Thursday’s trading session with a mixed performance. The
Integrating pollution registers for corporate climate-risk assessment
Corporate climate risk disclosures are costly and often a mere box-ticking exercise. In November 2024, the Omnibus Environmental, Social and Governance Regulation was announced in
The economic impact of European capital market integration
Economic growth in Europe continues to lag behind that of the US, largely due to smaller productivity gains. This column uses a general equilibrium model
Oil holds steady as investors assess attacks on Russian energy facilities
Oil also received some support from solid refinery demand in China last month and a decline in US crude inventories. Oil prices were little changed
