Search Results for: Arab
Oil prices volatile as trade conflict between U.S. and China escalates
July 6th, 2018
Oil prices seesawed in nervous trading on Friday as the United States slapped a raft of tariffs on Chinese goods in an escalating trade war between the world’s two biggest economies. Oil prices initially fell on Friday, along with ...
Asian stocks declined; Euro to Dollar was flat, Pound to Dollar little changed
July 5th, 2018
Asian stocks declined, with the region’s shares falling to the lowest in nine months, ahead of the planned implementation this week of trade restrictions between the U.S. and China. The yuan slipped despite the strongest fixing to its daily ...
Mobile contactless payment users to grow to over 760 million by 2020
July 3rd, 2018
The number of people using mobile contactless payment such as Apple or Google Pay will grow to more than 760 million by 2020, with Apple’s digital wallet leading the way, according to new research. An estimated 440 million people ...
Asia stocks fall, euro slipped; Key events coming up this week
July 3rd, 2018
Asia stocks extended declines and the yuan slumped once again amid debate surrounding the impact of an escalating trade war and fear of contagion to emerging markets. Treasury yields dipped and the dollar steadied. Share indexes in Tokyo and ...
The dollar fell to a two-week low against the yen on Monday; Investors steered from risk
June 25th, 2018
The dollar fell to a two-week low against the yen on Monday as a latest flare-up in global trade concerns dented investor risk appetites and drove down U.S. yields. The greenback was down 0.4 percent at 109.54 yen after ...
Tax haven myths challenged by think tank
June 19th, 2018
A new report debunks the myths surrounding the purposes of tax havens and challenges the image of ‘hotbeds of tax evasion.’ In research debunking myths about tax havens, UK think tank The Institute of Economic Affairs (IEA) argues tax ...
Hotmail founder: cryptocurrencies are fraudulent
June 11th, 2018
The founder of Hotmail, Sabeer Bhatia, has issued a stark warning for cryptocurrency investors. Speaking to Arabian Business, the 49-year-old from Chandigarh in north-west India, who founded and then sold dotcom success story Hotmail in the late 1990s, said ...
Asian stocks rose on Wednesday, S&P 500 dipped, Euro gained
June 6th, 2018
Asian stocks rose on Wednesday after tech sector strength lifted Wall Street shares while concerns about Italy’s debt prompted investors to move into lower-risk government debt elsewhere, pushing U.S. Treasury yields down from recent highs. MSCI’s broadest index of ...
Oil prices rebounded on Tuesday on expected stockpile drop
June 5th, 2018
Oil prices rebounded on Tuesday after falling in the previous session on expectations that inventories in the United States may decline but increasing U.S. production and concerns that OPEC may raise output continue to weigh on sentiment. Brent crude ...
Traders: What key events to watch this week; Euro and Asian stocks gain
June 4th, 2018
Asian stocks gained after U.S. jobs data bolstered optimism in the world’s largest economy, all but firming an interest rate increase from the Federal Reserve later this month. The dollar and the yen weakened as demand for haven assets ...
