Media IN \ Agencies 08 -01- 2019 European shares ended higher today. The benchmark Euro Stoxx 50 index closed 0.70% higher at 3054.94 points. The German Dax and Dutch AAX were up 56.17 points and 1.94 points respectively, while Spain’s APAX 35 gained 71.00 points.
Read More »Oil prices record a jump in the first week of 2019
Media In-Agencies 04-01-2019 Oil prices hit $ 85 a barrel on Friday, with an increase of more than $ 2, as black gold received support from the Beijing-Washington trade talks and a drop in supplies in the United States. A survey showed that the Organization of the Petroleum Exporting Countries …
Read More »South Korea’s foreign exchange reserves rise to 403.69 billion dollars
MEDIA IN -SAUL, Jan. 4 (Xinhua) South Korea’s foreign exchange reserves rose to a record high last December to $ 403.69 billion, up $ 710 million from a month earlier. The Central Bank of Korea attributed the rise to the weakness of the US dollar, adding to the value of …
Read More »Trade talks during days between Beijing and Washington
MEDIA IN \ Agencies 04-01-2019 China and the United States will hold trade talks at vice-ministerial level in Beijing on Jan. 7 and 8, as both sides seek to end a dispute that is increasingly damaging the economies of both countries and disrupts world financial markets. The two countries engaged …
Read More »Russia ‘s oil output is at a record high during 2018
Media In / Agencies 02-01-2019 MOSCOW (Reuters) – Russia’s oil output rose to its highest level in the post-Soviet period, recording 11.16 million bpd in 2018, exceeding the annual average of 11 million bpd for the first time, data from the Russian Energy Ministry showed on Wednesday. The production level …
Read More »US stocks open lower
Media In / Agencies 02-01-2019 US stocks opened lower in the first session this year, with weak data from Asia and Europe reflecting fears of a global economic slowdown as the US government continues to close. The Dow Jones Industrial Average was down 268.85 points, or 1.15 percent, at 23.058.61. …
Read More »America and China vow to enhance trade cooperation
Media In / Agencies 01-01-2019 The Chinese and US presidents exchanged letters pledging to strengthen cooperation despite a sharp trade dispute between China and the United States on the 40th anniversary of the establishment of diplomatic ties between the two countries, according to official Chinese media. Tension between Beijing and …
Read More »Pakistani stocks close higher
Media In / Agencies 01-01-2019 The index of Karachi Stock Exchange, the largest stock market in Pakistan today, rose by 2.51 points, or 929, at 37995 points. The volume of trading was 6,347,000 shares executed in 323 transactions, during which the market capitalization of shares of 207 companies, and the …
Read More »The UAE holds 28.3% of Japan’s oil needs last November
Media in , Tokyo, December 31, 2018 (WAM) Japan imported 26.528 million barrels of crude oil from the UAE last November, according to the Energy and Natural Resources Agency of the Japanese Ministry of Commerce, Industry and Economy. The agency said that this amount accounted for 28.3% of the total …
Read More »Abu Dhabi Securities Exchange wins the Excellence Award from the UAE and India Business Festival
Media In Abu Dhabi – 30 December 2018 and WAM Abu Dhabi Securities Exchange (ADX) won the Business Excellence Award 2018 from the UAE and India Business Festival at the closing ceremony of the second edition of the festival, which was held at the Emirates Palace Hotel in the presence …
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