Bond rebound uncertain as Trump plans overshadow Fed rate cuts NEW YORK: Prospects of a near-term rebound in the $28-trillion US government bond market are faltering, as Donald... Published 08 Nov, 2024 11:09am
Business & Finance Abu Dhabi firms to launch tokenized US Treasuries fund NEW YORK: Abu Dhabi firms Realize and Neovision Wealth Management have launched an investment vehicle that will buy... Published 01 Nov, 2024 06:51am
Markets Treasuries slip, dollar firm as markets grapple with US politics SYDNEY: US bond futures slipped and the dollar firmed on Monday as investors wagered the attack on US presidential... Published 15 Jul, 2024 10:21am
Business & Finance BlackRock strikes $12.5bn deal for Global Infrastructure Partners NEW YORK/LONDON: BlackRock said on Friday it would buy Global Infrastructure Partners (GIP) for $12.5 billion in a... Published 13 Jan, 2024 05:38am
Business & Finance Bitcoin ETFs begin trading in end to decade-long tussle with SEC NEW YORK: Several exchange-traded funds (ETFs) tied to the spot price of bitcoin began trading in the US on Thursday... Published 12 Jan, 2024 03:06am
Business & Finance Market expectations of Fed cuts ‘overdone’, volatility to jump in ‘24: BlackRock NEW YORK: Global markets will be swayed by greater volatility in 2024 as the Federal Reserve cuts benchmark interest... Published 06 Dec, 2023 04:27am
World COP28: UAE president announces $30bn fund to bridge climate finance gap DUBAI: United Arab Emirates President Sheikh Mohammed Bin Zayed announced on Friday the establishment of a $30... Updated 01 Dec, 2023 09:58pm
Business & Finance Exxon Mobil to sell its majority stake in Italy LNG terminal to BlackRock HOUSTON: Exxon Mobil Corp chose BlackRock as the potential buyer for its majority stake in Italy’s main liquefied... Published 04 Oct, 2023 11:43am
Business & Finance BlackRock beats profit estimates on robust inflows NEW YORK: BlackRock Inc on Friday beat second-quarter profit estimates, as investors continued to pour money into ... Published 17 Jul, 2023 03:47am
Markets Wall Street mixed as data offsets bank earnings cheer NEW YORK: US stock indexes were mixed on Friday morning as weak retail sales data for March suggested the economy ... Published 15 Apr, 2023 06:19am
Opinion The profundity of feedback loop Since time immemorial, decision-making has been based on a number of factors, the most important being the feedback... Updated 08 Mar, 2023 06:46am
Business & Finance Belgium to sell part of BNP Paribas stake for more than $2bn PARIS: Belgium is preparing the sale of a third of its 7.8% equity stake in BNP Paribas, the euro-zone’s biggest... Published 06 Mar, 2023 06:22am
Opinion Gated UK property funds are open to further risk UK property funds face further exit requests, asset fire sales and reduced demand from pension schemes after payout... Published 12 Jan, 2023 06:26am
Markets Wall Street Week Ahead: Stumbling Treasury rally clouds bond market outlook for 2023 NEW YORK: US government bond investors hurting after the biggest annual decline in the history of the asset class ... Published 02 Jan, 2023 05:54am
Opinion US stock investors face recession fears as they bid good riddance to 2022 A rough year for US stocks is winding down, but the market’s pain may be far from over, as investors brace for an... Published 24 Dec, 2022 05:50am
Markets Wall St week ahead: JPMorgan, Citi feel recession likely next year, others say downturn is not assured NEW YORK: Investors are eyeing everything from the US healthcare sector to UK stocks and gold as potential havens... Published 05 Dec, 2022 05:47am
Opinion Investors warm to European corporate bonds after a brutal year Investors are moving back into the European corporate bond market after one of the most brutal years in history,... Published 24 Nov, 2022 04:28am
World US’s Russia sanctions architect Singh departs as Ukraine war drags on WASHINGTON: US President Joe Biden will have a new “sherpa” on his trip to Germany next week – a former BlackRock... Published 25 Jun, 2022 05:24pm
Opinion No slump for pump and dump cryptocurrency gangs In a sleepy corner of the crypto-economy, the value of an obscure coin called Enzyme was tumbling downwards along... Published 28 May, 2022 05:11am
Markets Yields hit highest levels since December 2019 after jobs report NEW YORK: Yields of benchmark 10-year US Treasuries hit their highest levels since December 2019 on Friday after... Published 07 Feb, 2022 05:22am
Markets BlackRock profit beats estimates as assets cross $10 trillion BlackRock Inc's fourth-quarter profit beat analyst estimates on Friday, as the world's largest money manager's fee... Published 14 Jan, 2022 06:30pm
Business & Finance Vingroup tapping global investors for car unit’s $1bn funding SINGAPORE: Vietnam’s largest conglomerate Vingroup is in talks with investors, including Qatar’s sovereign fund... Published 01 Dec, 2021 03:52am
Technology BlackRock joins e-car charging venture Ionity in $788mn funding round FRANKFURT: BlackRock, the world's largest money manager, has joined electric vehicle charging (EV) venture Ionity in... Published 24 Nov, 2021 12:48pm
Print Wall Street in Riyadh sees lingering inflation, oil hitting $100 RIYADH: Top Wall Street firms warned at an investment conference in Riyadh of the risk of a sustained increase in... Updated 27 Oct, 2021 09:42am
Markets Wall Street in Riyadh sees lingering inflation, oil hitting $100 RIYADH: Top Wall Street firms warned at an investment conference in Riyadh of the risk of a sustained increase in... Updated 26 Oct, 2021 07:31pm
Business & Finance BlackRock creates biggest climate exchange-traded fund range LONDON: Asset manager BlackRock said on Tuesday it had created the largest range of climate-aligned exchange-traded... Published 26 Oct, 2021 11:30am
Business & Finance Saudi Arabia launches national infrastructure fund with BlackRock DUBAI: Saudi Arabia, advised by the world's largest fund manager BlackRock, has launched a national infrastructure... Published 26 Oct, 2021 04:39am
Business & Finance Saudi Arabia launches national infrastructure fund with BlackRock DUBAI: Saudi Arabia, advised by the world's largest fund manager BlackRock, has launched a national infrastructure... Published 25 Oct, 2021 02:14pm
Business & Finance BlackRock profit beats estimates though asset growth stalls NEW YORK: BlackRock Inc topped third-quarter profit estimates helped by robust performance fees and strong demand ... Published 18 Oct, 2021 04:42am
Business & Finance KeepTruckin raises $190m in new funding KARACHI: KeepTruckin, the leader in fleet management technology, has announced that it has raised $190 million in ... Published 24 Jun, 2021 03:36am
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points