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Stocks
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Shares in India’s Adani drop again after fraud claims
Shares in the business empire of Asia’s richest man Gautam Adani sank again Friday after the conglomerate slammed a US investment firm that claimed it ... Financial Markets -
Adani stocks drop after Hindenburg alleges ‘brazen’ fraud
Shares in Adani Group companies fell after well-known US activist investor Hindenburg Research LLC said it was shorting the empire’s stocks and ... Financial Markets -
UAE, Singapore, India ranked as some of world’s most ‘stock-obsessed’ countries
The United Arab Emirates ranked as one of the world’s most “stock-obsessed” countries, alongside Singapore and India, a new study revealed on ... Banking & Finance -
Russia freezes trading in up to 14 pct of US-listed shares on SPB Exchange
SPB Exchange, Russia’s second-largest bourse, said on Monday it will transfer up to 14 percent of US-listed shares that its clients possess to a ... Banking & Finance -
Robinhood reaches settlement of suits over 2020 trading outage
Lawyers for Robinhood Markets Inc. said they had reached an agreement in principle to resolve litigation by some investors who were blocked from ... Financial Markets -
Saudi Arabia set to introduce futures trading on single stocks
Saudi Arabia will soon introduce futures trading on single stocks to further boost liquidity in the Middle East’s biggest stock market, people ... Banking & Finance -
Saudi Tadawul Group sets price range for IPO at $25 to $27 per share
Saudi Tadawul Group sets a price range for its initial public offering at $25 (95 SAR) to $28 (105 SAR) per share, Al Arabiya reported.For the latest ... Gulf -
Dubai-headquartered startup to become first Middle East unicorn on Nasdaq
Dubai-headquartered transport startup Swvl will list on the Nasdaq stock exchange, claiming to be the first $1.5 billion unicorn from the Middle East ... Financial Markets -
Abu Dhabi shares at record high, shrugging off Israel-Palestine tension
Abu Dhabi’s main stock index jumped to a record on Sunday, even amid heightened tensions in the region, as the benchmark’s biggest member surged on ... Financial Markets -
US tech stocks sink as bond yields rise again amid worries of higher rates
Tech stocks sank on Friday after bond yields rose again, as traders worried a stronger US economy in months ahead could prompt the Federal Reserve to ... Technology -
Saudi Arabia’s stocks rise, most Middle East markets fall
Saudi stocks climbed on Sunday while most Middle East markets fell as investors weighed earnings after shares in developing economies rose to a record ... Business -
Asian shares rise as optimism grows over global economic recovery
Asian shares mostly rose Monday, echoing the rally on Wall Street last week, with Japan’s benchmark momentarily reaching three-decade highs on growing ... Economy -
European stocks turn defensive as lockdown worries resurface
European stocks inched higher on Tuesday, as possible extension of German lockdowns drew investors into defensive sectors such as healthcare and ... Economy -
System malfunction freezes Tokyo Stock Exchange, world’s third largest
Tokyo Stock Exchange officials said they were working to get trading back to normal by Friday after the bourse halted trading for the day due to what ... Economy
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