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No free Lamborghinis needed as Damac plans sale
Damac Real Estate Development Ltd is poised to benefit from Dubai’s property revival as the developer that offers free sports cars to luxury apartment buyers plans its first sale of Islamic bonds.
Yuan posts biggest quarterly fall since 1994
China’s yuan recorded the biggest quarterly decline in two decades after the central bank widened the currency’s trading band amid concern growth in the world’s second-largest economy is losing momentum.
Europe at the forefront as world market listings leap
Value of European IPOs soars 191% to hit highest since 2000
Sensex at record high ahead of rate decision
Indian stocks climbed to a record, led by metal companies and automobile producers, ahead of the central bank’s monetary policy on Tuesday.
Spanish CPI shock flags deflation risks for eurozone
The euro slid to a three-week low and government bond yields across the eurozone fell on Friday as a surprise fall in Spanish inflation bolstered investors’ bets the European Central Bank will ease policy next week to ward off the threat of a sustained bout of deflation.
Sensex sets new record
Index likely to climb at least 5% more until the election results
Rupee in biggest quarterly gain since ’12 on economy
India’s rupee completed its biggest quarterly advance since September 2012 as foreign investors boosted purchases of the nation’s assets on optimism a new government will hasten an economic recovery.
Middle East funds to buy most key equities on dips
Earnings, balance sheets will continue to improve this year
Shares edge higher after Ukraine bailout
The euro fell on Thursday and peripheral European government bond yields hit their lowest levels in years as speculation grew that the European Central Bank may ease monetary policy soon.
Shares hit 2-week highs on US data, Ukraine calm
. Early gains of 0.3 to 0.7 per cent for London’s FTSE Germany’s DAX and France’s CAC lifted the region’s shares to their highest March 12.
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