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The Watch
Dollar Hits One-Month Low Amid US Jobs Data
The dollar hit a one-month low versus the yen on Monday, extending losses after last week's lower-than-expected…
Comex Gold Posting Moderately Higher
Comex gold futures prices are trading moderately higher Monday morning and are seeing short covering and…
Gas Cylinder Prices Lower In Ras Al Khaimah
Ras Al Khaimah Department of Economic Development (DED) in UAE announced an 18 per cent drop in gas…
OPEC Seeking World Oil Price Balance: Iraq
OPEC is seeking a balance in world oil prices, but political instability rather than production issues are…
EFG-Hermes 2011Net Profits Lower 63%
Egyptian bank EFG-Hermes (HRHO.CA) reported a 63 percent drop in 2011 net profit on Sunday as the economic fallout…
EFG-Hermes’ Net Income Tumbles 63%: EGX
Egyptian investment bank EFG-Hermes saw its net income slide 63 percent in 2011, the stock exchange said on Sunday.…
US Companies’ Q1 Profits Expected Not to be High
Corporate profits for U.S. companies in the first quarter are expected to be a dud in many cases, market analysts…
Ham Prices Higher As Easter Is Coming
Ham will be the centerpiece of many Easter dinners this weekend, but the cost of that traditional main dish may…
Saudi’s Almarai Q1 Net Profit Higher 2.9%
Saudi dairy and food maker Almarai Trading Co said on Saturday its first-quarter net profit rose 2.9 percent to…
Gold Traders Bearish for First Time in 2012
Gold traders are bearish for the first time this year after the Federal Reserve signaled it may refrain from…