Saudi Stocks Lead Mideast Markets Higher as Economies Reopen

Middle Eastern equity markets mostly rose on Sunday as economies continued to open up from coronavirus lockdowns, with Saudi Arabia leading gains.

Senate passes bill to delist Chinese companies from US stock exchanges

The United States Senate has passed a bill that could block some Chinese companies from selling shares on American stock exchanges.

Lloyds CEO says bank can weather bad loans spike in coronavirus crisis

The Chief Executive of Lloyds Banking Group (LLOY.L) said the lender was resilient enough to absorb a spike in bad loans through...

Saudi Arabia Wealth Fund Buys Stakes in Disney, Facebook, Citi

Saudi Arabia’s sovereign-wealth fund bought billions of dollars of stock as the global pandemic took root, reporting significant stakes in companies including...

Pound Dips With Euro as Trading Week Gets Underway: Markets Wrap

Currency markets saw muted moves in early trading on Monday, though sentiment remained fragile after a rough start to the month for...

IMF Approves US$65.6 Million in Disbursements to Dominica, Grenada, and St. Lucia

The Executive Board of the International Monetary Fund (IMF) approved disbursements to Dominica, Grenada, and St. Lucia following their requests under the...

5 Safe S&P 500 Dividends Up To 8.5%

In normal times, we contrarians are stuck combing the market’s backwaters—REITs, closed-end funds (CEFs) and the like—in our hunt for outsized dividends.

Wall Street drops as oil traders cannot give away U.S. crude

Wall Street tumbled on Monday after U.S. crude futures turned negative for the first time ever, with traders forced to pay to...

Finance minister rejects 100% guarantee for small business loans

British finance minister Rishi Sunak said on Tuesday that he was still not persuaded that the government should offer a 100% guarantee...

Global shares mostly lower amid worries on pandemic toll

Global shares mostly fell Wednesday amid uncertainty over the coronavirus outbreak, which continues to claim more lives around the world.

Egypt sets limits for withdrawals and deposits from banks due to coronavirus

The Central Bank of Egypt announced on Sunday that it will impose a temporary daily limit for withdrawals and cash deposits...

Lebanon’s financial prosecutor freezes assets of 20 banks

Lebanon’s financial prosecutor froze the assets of 20 Lebanese banks, their top bosses and board members as part of a probe,...

G7 finance ministers plan call on Tuesday on coronavirus: sources

G7 finance ministers are expected to hold a conference call on Tuesday to discuss measures to deal with the economic impact of...

Pakistan to get 13-mln-euro grant from EU for improving financial management

The European Union (EU) under its Public Financial Management Support Program is supporting Pakistan in improving fiscal policies and budget preparations with...

Dow, S&P 500 decline after Apple’s sales warning

The Dow and S&P 500 fell on Tuesday after a sales warning from Apple left investors assessing the impact of the...