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HuaweiKuwaiti bank loans to individuals are growing at the fastest pace in almost three years as consumers in the Arabian Gulf nation use higher income to spend more on cars, homes and shares.
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NEW YORK — After months of worrying about Europe, now investors are getting concerned about Asia too.
LONDON - Poor Chinese trade data clipped a hot streak for European shares and the euro on Friday, trimming gains built since the European Central Bank signalled it was readying plans to combat the region’s debt woes and limp growth.
LONDON - Gold inched down on Friday as the US dollar rose following the release of weak economic data from China, but the metal remained on track for a weekly gain, bolstered by hopes China could move to stimulate growth.
LONDON - European shares fell on Friday after a five-day winning streak, as weak Chinese economic data and declines in bellwether Swiss food group Nestle pushed markets down from four-month peaks.
HONG KONG — Asian markets mostly fell Friday as weak Chinese trade data reinforced concerns of a slowdown in the world’s number two economy, while profit-taking after a week-long rally added to selling pressure.
World stock markets tumbled as investors withdrew from riskier assets after China’s trade suffered a steeper-than-expected slowdown. The figures underscored concerns that the world’s No. 2 economy is succumbing to an economic downturn despite government efforts to stimulate growth.
Asian markets mostly fell as weak Chinese trade data reinforced concerns of a slowdown in the world’s number two economy, while profit-taking after a week-long rally added to selling pressure.
The world’s most popular sports team is getting ready to list its stock on the world’s largest exchange.
Abu Dhabi’s biggest real estate developer, Aldar Properties, made a net profit of Dh417.9 million in the second quarter of the year — a 228 per cent growth — on strong revenues due to the handover of its properties.
