Guides & Analytics
Wall Street ends week higher before Greece decision
(Reuters) - U.S. stocks edged higher on Friday, but investors stayed cautious before a long holiday weekend when hopes are set for Greece's bailout plan to be…
Oil price climbs
Oil for March delivery rose 0.9 percent to $103.24 a barrel on the New York Mercantile Exchange, the highest settlement price since May 10, and Saudi Arabia, the…
Saudi shares gain profits
Saudi Arabian shares rose after signs of an improving U.S. economy and progress on a bailout for Greece bolstered the outlook for fuel demand.
Dubai Inflation down
The monthly consumer prices inflation rate in Dubai dropped 0.94 per cent in January 2012 compared to December 2011, due to decreases in several segments, according…
SWIFT ready to block Iranian Banks
Belgium-based SWIFT, which provides banks with a system for moving funds around the world, bowed to international pressure on Friday and said it was ready to block…
BofA Said to Freeze Moynihan’s Salary as Stock Awards Decline
Bank of America Corp. cut Chief Executive Officer Brian T. Moynihan’s compensation for 2011, granting him no cash bonus and freezing his salary, said a person…
Yen tumbles After BOJ Monetary Easing
The yen fell against all its most- traded counterparts after the Bank of Japan said it would increase the size of its asset-purchase fund.
China c.bank says alert to systemic stability risks
China will make every effort to prevent systematic or regional risks to financial stability in 2012, the central bank said in a statement published on Thursday.
