MARKETS / FINANCE

Who Stands In The Crosshairs Of Trump's Tariffs?

US President Donald Trump said he would raise tariffs on Chinese goods to 125 percent
With sweeping tariffs targeting key US trading partners, President Donald Trump sent the world economy into a tailspin Wednesday before backing down hours later -- with a 90-day reprieve for all but China.
More news
Representative Image of Stock Charts

UAE Stock Markets Gain AED 21.3 Billion In New Capital From 3 IPOs In 2024

The IPOs and new listings have increased market liquidity, making it more attractive for investors and strengthening its position as a key global financial and business hub. Alef Education Holding plc was the first IPO on the Abu Dhabi Securities Exchange (ADX) in 2024, with a market value of about AED 9.45 billion.
Consumer prices in the eurozone slowed to 2.8 percent in January, from 2.9 percent in December

Eurozone Inflation Slows To 2.8% In January

Consumer prices slowed to 2.8 percent in January, from 2.9 percent in December, the EU's statistics agency said. Analysts surveyed by Bloomberg and FactSet had forecast inflation to slow to 2.7 percent.
Hong Kong's Hang Seng Index led the surge across Asian markets

Stocks Attempt To Extend Fed-fuelled Rally

World stock markets attempted Friday to build on the previous day's rally as investors recalibrated their outlook for 2024 after the Federal Reserve held rates but indicated it would cut next year.
China's property crisis has left several major companies on the brink of collapse, fuelling worries about the economy

Asian Markets Struggle, China Property Help In Focus

Most Asian markets fell Friday following a broadly healthy week, with traders hoping for fresh Chinese moves to help the country's troubled property sector after officials called on banks to provide support.
The authorisation of a bitcoin exchange-traded fund in the United States would make it easier for investors to trade in the cryptocurrency

Bitcoin Wins Boost On Hope Of Broader Trading

Bitcoin's price has risen strongly in recent weeks with the United States possibly set to allow a popular type of trading in the cryptocurrency that would further normalise the asset.
A spike in oil prices to 10-month highs has fuelled concerns of a fresh burst of inflation

Asian Markets Swing As Crude Spike Stokes Inflation Concerns

Equities fluctuated Wednesday ahead of a crunch US inflation report, with investors increasingly nervous that a recent spike in oil will put fresh upward pressure on consumer prices and force the Federal Reserve to lift interest rates again.
Investors are keenly awaiting the release of the Federal Reserve's preferred gauge of inflation later in the day

Asian Markets Mixed Ahead Of Key US Inflation Report

Markets were mixed Thursday as investors struggled to maintain momentum from Wall Street's rally, even after fresh data reinforced optimism the Federal Reserve will be able to hold off any more interest rate hikes this year.
UK annual inflation dropped sharply in July, easing a cost-of-living crisis that has pushed up prices of goods

UK Annual Inflation Drops To 15-month Low

Britain's annual inflation rate dropped sharply in July to a 15-month low, official data revealed Wednesday, off the back of lower energy prices and in line with economists' expectations.

Pages