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IHG and Muscat Golf sign 20-year agreement

The InterContinental Hotels Group, or IHG, the world’s largest hotel group by number of rooms, and Muscat Golf Course Project on Sunday signed of a 20-year management agreement for the luxury InterContinental Muscat Hills Golf Resort in Oman.

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markets

Gold near 2-week high on dollar, US GDP data

Gold held near a 2-week high on Monday on prospects of more safe haven buying, with the dollar under pressure from weaker-than-expected U.S. economic data and speculation the Federal Reserve could ease policy further to boost growth.

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markets

Japan life insurers eye foreign stocks

Some of Japan’s life insurers are buying overseas stocks to help boost investment returns while sticking with domestic sovereign debt as a safe haven, several of the companies said in interviews with Reuters.

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