Loose global monetary conditions are stoking credit and asset price booms in some emerging markets that could lead to a new financial crisis, the Bank for International Settlements, or BIS, warned on Sunday.
Loose global monetary conditions are stoking credit and asset price booms in some emerging markets that could lead to a new financial crisis, the Bank for International Settlements, or BIS, warned on Sunday.
Daman Investments on Sunday announced the successful completion of a capital increase through a private placement with an investment of Dh99.99 million as the company moves forward with future plans culminating with an Initial Public Offering , or IPO.
Gyma Food Industries on Sunday unveiled a new Arabic trademark for its products in the Middle East and also announced that it will invest $10 million in the region for expansion and marketing in 2012.
MUMBAI - India took a handful of measures on Monday to support the embattled rupee but disappointed investors who had been hoping for bolder action to prop up a currency that hit a record low 
on Friday.
CAIRO — Egypt’s benchmark stock index closed on Monday up 7.6 percent, its largest single-day gain in nine years thanks to investor optimism following the declaration of a victor in presidential elections, state media said.
NEW YORK - US stocks tumbled on Monday as investors saw few reasons to buy equities ahead of a European Union summit this week that many fear will not calm the escalating euro zone debt crisis.
MADRID, Spain — Spain formally requested a banking rescue of up to 100 billion euros ($125 billion) on Monday, kicking off a pivotal week in the battle for the eurozone’s future.
LONDON - US new-crop corn futures jumped more than 4 percent on Monday to the highest level since early February as hot, dry weather in the key Midwest growing region reduced the outlook for yields.
The Turkish lira, bonds and shares all weakened on Monday as investor confidence was shaken by Syria’s shooting down of a Turkish jet, which prompted Ankara to call a NATO meeting for Tuesday to agree a response to Syrian President Bashar al-Assad.
World stocks fell on Monday amid concern that a critical European summit later this week will not yield a deal that might restore confidence in the future of the 17-country euro currency.