Sunday 30 August 2015
 
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Asia stocks take heart from Wall Street rally

Asian stocks extended gains on Thursday as a sharp rebound on Wall Street and gains in battered Chinese shares eased fears of a deep and protracted global market rout, while the dollar rallied as risk aversion eased. Sentiment was

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Oil stays at 2009 levels over Asian economic woes

Crude oil markets recovered somewhat on Tuesday from sharp falls in the previous session but they remained at 2009 levels as Asian equities kept tumbling, triggering fears of an economic tailspin in the region. China's major s

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Oil stays at 2009 levels over Asian economic woes

Crude oil markets recovered somewhat on Tuesday from sharp falls in the previous session but they remained at 2009 levels as Asian equities kept tumbling, triggering fears of an economic tailspin in the region. China's major s

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Asian shares bounce off 3-year lows, China still down

Volatile global markets showed signs of a respite from the recent blood-letting on Tuesday, as bargain hunters helped Asian stocks off three-year lows hit on fears that China's economy was risking a hard landing, with Chinese shares losing a

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Greenstone in tie-up to offer India investments

Greenstone Equity Partners, a top fund placement firm in the Middle East, has partnered with Multiples Alternate Asset Management, an India-based investment advisory firm, to offer investment opportunities in the South-Asian country.

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India plans to convert $783m ONGC loan into equity

India is planning to convert into equity a 50 billion rupee ($783 million) loan extended by state-run Oil and Natural Gas Corp (ONGC)  to its overseas investment arm, sources said, to improve the unit's finances ahead of a possible publ

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Etihad receives recognition for equity investment in Alitalia

Etihad Airways, the national airline of the UAE, was awarded the Airfinance Journal ‘Merger and Acquisition Deal of the Year’ at a recent ceremony in Miami, Florida (US). The accolade was presented in recognition of Et

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StanChart unit to invest $175m in Nuqul’s FINE

A Standard Chartered Private Equity (SCPE) led consortium has invested $175 million for a significant minority stake in FINE, a leading integrated tissue manufacturer across the Middle East and North Africa (Mena) region. The majo

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MSCI to launch Saudi, GCC indexes on June 1

Index provider MSCI said that it would launch standalone equity indexes for Saudi Arabian stocks from June 1 along with a number of other regional benchmarks in the Middle East. So far, MSCI only had provisional indexes covering t

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Barclays launches $154m fund for UK tech firms growth

Barclays launched a new 100 million pound ($154 million) fund on Friday to lend cash to fast growing British technology firms who may not want to sell an equity stake. Barclays said it will lend up to five million pounds for three

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