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HuaweiRussian President Vladimir Putin has approved a law which will tighten controls on civil right groups funded from abroad, the his press office said on Saturday, a move opponents say is part of a campaign to suppress dissent.
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China’s securities regulator is planning another transaction fee cut before the start of September, the China Securities Journal reported on Saturday, which would be the third such moved this year aimed at shoring up investor confidence in the bourses.
US soybean and corn prices extended their record highs o n F riday from the crop damage in America’s drought-baked heartland, while oil and copper markets fell on renewed worries about European debt.
US stocks broke a three-day winning streak on Friday as Europe’s debt crisis engulfed markets with renewed fears that Spain may be unable to dodge a costly bailout.
Dubai’s DFM General Index fell 0.7 per cent to close at 1,535.71 points. Abu Dhabi’s ADX General Index gained 0.2 per cent to close at 2,467.96 points.
LuLu International Exchange, a fast growing remittance and foreign exchange company in the UAE, opened a new branch at the Madinat Zayed Shopping Centre in Abu Dhabi on Thursday.
BRUSSELS - Finance ministers from the 17 countries that use the euro unanimously approved Friday the terms for a bailout loan for Spanish banks of up to (euro) 100 billion ($122.9 billion).
World stock markets wavered on Friday as weak US data kept sentiment in check despite continued hopes for new stimulus measures in major economies.
China on Friday started a probe into alleged US dumping of solar products and government subsidies for the sector, the latest volley in a trade row between the world’s top two economies.
Asian markets mostly fell on Friday as profit-taking after the previous day’s rallies overshadowed another strong performance on Wall Street.
