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Global Indices

2 February 06:11 PM Global markets may return to fundamentals in 2020 –Emirates NBD
Mubasher: The global economy’s growth rate is expected to be close to its levels in 2019 with low inflation rates, announced Emirates NBD’s Maurice Gravier.
30 January 03:58 PM BOE maintains rates at 0.75%, drops limited and gradual tightening
Mubasher: Bank of England (BOE) has kept its interest rates at 0.75% on Thursday, saying that the policy stance is “appropriate”.
24 January 06:48 PM Fear arises as Brexit impact on power sector still unclear
Mubasher: The UK’s power sector is drowning in uncertainty, as investors anticipating risks and impacts associated with the beginning of the post-Brexit era.
7 January 11:07 AM Uber, Hyundai team up to launch future Uber Air Taxis
Mubasher: The leading ride-hailing company Uber has partnered with Hyundai Motor Company to develop ‘Uber Air Taxis’.
2 January 04:48 PM The 2010s sets foundations for major breakthroughs in technology
Mubasher: The 2010s has witnessed major advance in technologies which offered consumers and businesses a variety of new products and services.
13 December 2019 10:53 PM Oil futures end 89 cents higher on Friday
​​​​​​​Mubasher: Oil futures went up at Friday’s settlement, rising 1.5% for the week, as US President Donald Trump announced reaching a trade agreement with China.
13 December 2019 10:45 PM Gold levels up $9 at Friday’s end, records weekly gain
Mubasher: Gold prices grew at Friday’s settlement, rising 1.1% for the week.
13 December 2019 07:47 PM US, China agree to stop drums of trade war
Mubasher: The US and China have agreed on an initial trade deal that will reduce tariffs between the two countries.
6 December 2019 10:35 AM Global food prices hit 2-year peak in November
Mubasher: Food prices worldwide surged in November, hitting their highest level since more than two years, mainly driven by meat and vegetable oil price increases.
5 December 2019 07:53 PM Ten wild predictions that could change global economy in 2020
3 December 2019 05:15 PM Gensource Potash Corp drills new well in Canadian area
Mubasher: Canada’s Gensource Potash Corporation has announced the beginning of its planned fall drilling in the 100% owned Vanguard Area in central Saskatchewan.
28 November 2019 04:38 PM Pop singer Akon “serious” taking on Trump in 2020 race
Mubasher: America’s pop superstar, Akon, has told Pulse 95 Radio in Sharjah that he is seriously considering running for the US presidential elections in 2020.
5 September 2019 01:53 PM Global food prices extend decline in August – FAO
Mubasher: Global food prices continued to decline for the third month in a row.
29 August 2019 02:33 PM Italy’s PM to form new left-wing coalition government
Mubasher: Italy's Prime Minister Giuseppe Conte will form a new left-wing coalition government.
29 August 2019 02:05 PM US futures rise after “calm” trade comments from China
Mubasher: The US stock index futures started Thursday’s session positive, as China had recently expressed its wish to have a “calm” attitude, CNBC reported.
29 May 2019 01:21 PM HSBC, UBS upgrade Malaysian stocks on US-China trade war
Mubasher: Switzerland-based UBS Group on Wednesday revealed it has upgraded Malaysia’s stocks to “overweight” from “neutral”.
21 February 2019 02:05 PM AccorHotels EBITDA seen at EUR 712m in FY18
20 February 2019 00:28 PM Gold stays near 10M-hike; markets closely await Fed minutes
Gold prices remained at 10-month highs on Wednesday, encouraged by concerns over global economic slowdown and a weaker dollar.
19 February 2019 03:28 PM Global sovereign sukuk issuance may exceed $93bn by 2020 –Moody’s
19 February 2019 10:43 AM Brent oil falls on economic growth concerns, long-awaited trade deal
Traders ascribed the slight downward correction to worries about the health of the global economy this year.
18 February 2019 10:55 AM US-Sino trade deal hopes boost gold to 2-week high Monday
Gold prices recorded their highest level in more than two weeks on Monday, encouraged by weaker US dollar.
27 January 2019 05:35 PM TASI to hit record highs in H1-19 – Analyst
21 January 2019 02:20 PM Alhokair’s malls arm to float stake on Tadawul in Q2-19
Saudi Arabia’s Fawaz Alhokair Group is looking to float a stake in its subsidiary, Arabian Centres Company.