Friday 12 February 2016
 
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equities

Gold hits 3-month high on global economy concerns

Gold hit three-month highs on Monday, extending its biggest weekly rise since July 2013 as sliding stock markets, global growth uncertainty and a softer dollar prompted investors to seek safety in hard assets. Spot gold reached a

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Gulf markets surge over oil, global bourses

Gulf stock markets rose sharply early on Sunday, with strong trading volumes suggesting some investors were returning after oil prices and global equities jumped at the end of last week. Dubai's index surged 3.1 per cent to 2,

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Gold hits 12-week high as equities, oil tumble

Gold rallied to its highest in nearly 12 weeks on Tuesday as a fresh rout in world stocks and a slide in oil prices battered appetite for risk, sending investors fleeing to alternative assets. European stocks fell nearly 1 per cen

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Abu Dhabi fund names private equities head

Sovereign wealth fund Abu Dhabi Investment Authority (ADIA) has appointed Sherwood Dodge as its global head of private equities effective immediately, it said in a statement on Wednesday. Dodge will shape the fund's strategy i

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Mideast funds more bullish on stocks, bearish on bonds

Middle East fund managers have become more positive on regional equities with a strong bias towards the UAE, and more bearish on bonds, a monthly Reuters survey shows. The survey of 14 leading fund managers, conducted over the pas

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Mideast funds more bullish on stocks, bearish on bonds

Middle East fund managers have become more positive on regional equities with a strong bias towards the UAE, and more bearish on bonds, a monthly Reuters survey shows. The survey of 14 leading fund managers, conducted over the pas

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Mideast funds positive on stocks, bearish on bonds

Middle East fund managers have become slightly more positive on regional equities after valuations fell, and more bearish on bonds because of a looming US interest rate hike, a monthly Reuters survey shows. The survey of 14 leadin

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Nasdaq 100 hits 15-year high

US stocks added to their recent run with gains across all sectors on Monday, led by increases in the beaten-down energy group and the acquisition-driven healthcare industry, with the Nasdaq 100 closing at its highest level in more than 15 years.

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Global stocks rebound, close week with strong gains

Global equities rebounded on Friday from an initial selloff to close the week with strong gains while US bond prices climbed after a weak employment report increased worry about slowing global growth. The economy created 142,000 j

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ME funds bullish on UAE equities despite low oil

Middle East fund managers favour United Arab Emirates stock markets over other bourses by a large margin as the region struggles with low oil prices and an unstable global environment, a monthly Reuters survey shows. Gulf stock ma

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