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Asia markets edge up in thin trade

Asia markets edge up in thin trade

Asian stock markets mostly edged up in thin holiday trade yesterday, with Tokyo’s benchmark index surging nearly 2% as investors regained some confidence.

Deutsche Bank is said to cut at least 250 investment bank jobs

Deutsche Bank is said to cut at least 250 investment bank jobs

Deutsche Bank AG has started cutting at least 250 jobs globally at its corporate and investment bank as Germany’s largest lender seeks to keep a lid on expenses amid a sustained slide in the securities unit, according to people with direct knowledge of the matter.

QSE crosses 9,100 levels on strong buying interests

QSE crosses 9,100 levels on strong buying interests

The Qatar Stock Exchange on Monday crossed 9,100 levels mainly on the back of strong buying interests in the realty, transport and insurance equities.

Qatar Islamic Insurance posts gain in gross written premium to QR316.6mn in 2017

Qatar Islamic Insurance posts gain in gross written premium to QR316.6mn in 2017

Qatar Islamic Insurance has reported more than 1% year-on-year rise in gross written contribution (premium) of QR316.6mn in 2017.

QIMC buys UDC’s stake in GFC

QIMC buys UDC’s stake in GFC

Qatar Industrial Manufacturing Company has finalised the acquisition of United Development Company’s (UDC) stake (400 shares) in Gulf Formaldehyde Company (GFC), ..

HIA accelerates capacity expansion

HIA accelerates capacity expansion

The Hamad International Airport is accelerating its capacity expansion plans as Qatar is gearing up to host the 2022 FIFA World Cup with approximately 96,000 passengers to welcome per day during the world cup, said HIA chief operating officer Badr al-Meer.

Largest US oil storage hub’s swift drain signals market shift

Largest US oil storage hub’s swift drain signals market shift

America’s booming crude production is bypassing its biggest storage hub.

US slams Germany’s Russian pipeline project as ‘dangerous’

US slams Germany’s Russian pipeline project as ‘dangerous’

A controversial pipeline plan that would increase the supply of Russian gas to German industry is dangerous for Europe, according to the US deputy energy secretary.

Glencore is expected to lift its dividend payout this week

Glencore is expected to lift its dividend payout this week

As shareholders push the world’s cash-rich miners to maintain lush dividends and make the most of existing assets, Glencore is taking a slightly different tactic that positions it for shrewd acquisitions.

What shaped the equity market’s $3tn trauma?

What shaped the equity market’s $3tn trauma?

Want a neat narrative? There isn’t one. Stocks buckled, $3tn was lost, then just as quickly, roughly half of it came back. Nothing quite explains every little twist and turn.

Prices stay higher on dollar weakness and inflation

Prices stay higher on dollar weakness and inflation

Renewed risk appetite has been led by the recovery in global stocks which posted their best week of gains in six years.

Avis hit with proxy battle as top investor blasts board

Avis hit with proxy battle as top investor blasts board

Avis Budget Group’s top shareholder kicked off a proxy battle with the rental-car company’s board, citing its failure to meet financial targets and prepare the company for the transformation of the auto industry.

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