Dubai shares moves up to its highest since 2008 and could end up being reclassified by HSBC to emerging market status.
Industry
Zain Saudi allowed to defer payment of license fees
Zain Saudi has entered into an agreement with the Saudi Arabian Ministry of Finance to defer payment of mobile phone license fees to 2021.
Danish FSA Aids Bank, Experimental Hybrid Debt Unleashed
FSA announced that Danish banks will be free to use hybrid debt instruments that has ended bank speculations on the use of equity alone to fulfill lender requirements.
Smallest Gains for London’s Luxury Homes Since 2009
London's luxury homes experience the smallest gains since 2009 as the decline was listed at 0.3% from December of last year.
Brent Crude Trades Lower Than US$100 Per Barrel
Brent Crude trades lower than US$100 per barrel after OPEC keeps its production target constant. (Photo : Reuters)A gas station employee filling up a vehicle.
Latest News
Nigeria sees the decrease on US oil sales imports as a chance for the country to have more oil industries opened.
China is directed to a more stable economy as President Xi Jinping announced manufacturer expansion.
SAC Capital Advisors LP is bracing for more than US$3.5 billion redemption notices from outside investors.
Bilfinger is setting its sights to the Asian and North American markets for expansion. Bilfinger SE, the construction and industrial services conglomerate from Germany is planning to expand into Asia or North America through acquisitions.
After completion of prerequisites, the second tranche of the Euro bailout plan for Greece was released.
German, Belgian, French and other bonds have been falling in the world market. (Photo : Reuters)The image is a bond market trader grimacing at the numbers.
UBS AG France is under investigation for its bank practices. (Photo : Reuters)The image is the UBS sign on its corporate headquarters. The French unit of UBS AG has been placed under formal inquiry as part of an investigation started in 2012 over the practices conducted by the bank in France, according to a spokesperson.
HSBC is planning to sell off shares totalling of 98.94% of its stake with the PT Bank Ekonomi in Indonesia.
Erajaya Swasembada and Foxconn Technology Group are said to be discussing a deal of partnership for the Indonesian market.
