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Top investors, strategists take pummelling in sell-off
S&P 500 index has lost almost 8% in three-and-a-half weeks
Adma-Opco starts oil production from Umm Lulu field
The Abu Dhabi Marine Operating Company, Adma-Opco, commissioned its Umm Lulu Phase-1 facilities and produced its first oil from the Umm Lulu Field on October 2, 2014.
Mideast shares decline as global gloom persists
Most stock markets in the Middle East continued to decline on Wednesday as global equities remained under pressure and disappointing quarterly earnings and forecasts weighed on bourses in Oman and Kuwait.
India property giant DLF plunges on trading ban
India’s biggest property developer DLF saw more than a quarter of its stock market value wiped out on Tuesday after financial regulators barred it from selling shares or bonds, alleging it sought to defraud investors.
Gold rally stalls as firmer dollar hits commodities
Gold edged lower on Friday as a rise in the dollar capped four days of gains, though the metal remained supported around the $1,220 level by the prospect of a widespread economic slowdown that could keep interest rates low.
Bahrain Bourse preparing Islamic product range: CEO
The exchange aims to host trading of sukuk (Islamic bonds), which at present is mostly done over the counter.
Europe up on US jobs
Hot dollar rally takes a break; Wall Street points to more gains
Interested in getting back into stocks? Do a little check on junk spreads first
A positive vibe returned to the US stock market on Friday, leaving some to wonder if, after two weeks of losses, the latest selloff scare was over.
US jobs data buoys stocks and dollar
Europe rebounds after being hit by ECB’s no-stimulus move
Merger of UAE bourses to take time in a ‘busy’ market
The planned merger of the UAE’s two main stock exchanges, home to the second-best performing share gauge in the world, will take more time to complete, according to a Dubai government official.
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