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Market

European stocks get a big boost from Draghi vow
European stock markets surged on Thursday while the euro tanked after European Central Bank President Mario Draghi said the bank is preparing the groundwork for further stimulus measures “if needed” for the struggling European economy.
Pak stocks reach new peak as inflation falls
Pakistani stocks closed at a record high on Wednesday, with analysts crediting falling inflation and commodity prices as well as an easing of political tensions.
Europe outlook cut weighs on shares; oil extends fall
US leads broader global revival that is being held back by EU
Sensex hits record high, breaches 28,000 mark
The index was trading up 82 points or 0.30 per cent around 10:30 am at 27,942.58 points before coming down from the psychological barrier of 28,000-mark.
$1 billion fund set up by Mumtalakat
Dubai: Bahraini sovereign fund Mumtalakat has set up separate bond and sukuk issuance programmes in the Irish stock exchange to raise as much as $1 billion, to help refinance maturing debt next year.
Unknown outcome of US Senate election is stocks’ big fear
A handful of toss-up US Senate races this week could hold the key to whether the stock market glides through the year-end in a typical post-midterm election rally or gets hit with a fresh bout of volatility.
BoJ move boosts equities
Nikkei surges 4.8% to highest since November 2007; oil falls on strong dollar
Stocks mixed after Fed ends stimulus
Stock markets mostly rose in Asia but fell in Europe on Thursday after the Federal Reserve said it will end a stimulus programme that was as massive as it was controversial.
Opec now has a production target of 30 million barrels per day
The price of benchmark North Sea Brent crude has dropped more than a quarter from a high above $115 per barrel in June.
Look to sector’s big names for global demand clues
Slumping energy shares drove the recent US stock market selloff more than any other major group, so investors are turning to this week’s slate of earnings to see if the sector can pull itself out of the pit.
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