Friday 27 May 2016
 
»
Tag
 
»
gains

Asia shares inch ahead as G20 talks, oil holds gains

Asian shares made guarded gains as a gathering of world finance leaders provided a welter of reassuring comments, but little in the way of actual policy stimulus.   Setting the tone for the Shangahi meeting of th

More…

Asian shares hang on to gains, commodities battered

Asian shares were set to hold on to this week's gains, while the dollar took a breather on Friday after stepping back from seven-month highs as investors grappled with the prospects of higher US borrowing costs and slower global economic g

More…

Asian shares rise to 2-month highs, dollar gains

Asian shares hit a two-month high on Friday, catching some of Wall Street's shine after upbeat US price and jobless claims data calmed some concerns about the strength of the US economy.   MSCI's broadest

More…

VCBank registers net gains of $14.1m

Bahrain-based Venture Capital Bank (VCBank) has reported a net profit of $14.1 million for the year ended June 30 this year as against $14.6 million for the previous year and a return on net paid-up capital of 7.8 per cent. In a statement issu

More…

Oil markets extend gains after biggest daily climb in 6 years

Crude oil futures rose on Friday, adding to their biggest one-day rally in over six years the day before, led by recovering equity markets and news of diminished crude supplies.   US crude are on track for their

More…

Asry upbeat as key strategy a success

Bahrain-based shipyard Asry, which netted revenues of $161 million from the repair of 193 vessels last year, is confident of efficiency-driven gains this year, despite challenging market conditions. According to chief executive Nils Kristian B

More…

Sico posts $9m net profit for H1

Bahrain-based wholesale bank Securities & Investment Company (Sico) has reported its net profit for the first half of the year was BD3.5 million ($9.2 million). When compared with net profit of BD5.1 million for the first six

More…

Oil prices fall on oversupply fears, outweigh China imports

Oil fell on Friday (May 8), erasing gains earlier in the session, as concerns over oversupply outweighed strong Chinese import figures. Benchmark Brent crude was at $65.42 per barrel at 0500 GMT, down 12 cents after hitting a sess

More…

Capital gains help double Jordan Ahli Bank's profits

Jordan Ahli Bank boosted net profit by 113 per cent to 34 million dinars ($48 million) last year due to capital gains from divesting its Lebanese subsidiary to a Lebanese bank, bank officials said. Net operating income, including

More…

Oil poised for biggest weekly gain in four years

Brent crude oil was on track for the biggest weekly rise since 2011 as fighting in Libya and stronger economic signals from the United States helped futures rebound from near six-year lows. Prices have rallied nearly 20 per cent o

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads