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Iraq mulls largest sovereign oil hedging, topping Mexico

Iraq mulls largest sovereign oil hedging, topping Mexico

Iraq is mulling an oil hedging programme to lock in prices for future crude sales, potentially topping a similar deal run by Mexico that is considered the largest energy trade in Wall Street.

Aramco’s only IPO foray provides a cautionary tale

Aramco’s only IPO foray provides a cautionary tale

Since the Saudi state-owned oil giant Saudi Aramco sold shares in Rabigh Refining and Petrochemical Co in 2008, the facility has provided a peek into a small corner of its operations.

As premier heads to Europe, China says resolute about opening its market

As premier heads to Europe, China says resolute about opening its market

China is determined to open its market and is positive about promoting talks on a China-EU investment agreement, a senior Chinese official said yesterday ahead of Premier Li Keqiang’s visit to Brussels for a summit with the European Union.

‘It is not a race to raise rates’

‘It is not a race to raise rates’

The Philippine central bank isn’t in a race to raise interest rates, incoming governor Nestor Espenilla said, despite economists’ predictions the country will be the first in Southeast Asia to do so.

China industrial profits up 14% to $83.59bn in April

China industrial profits up 14% to $83.59bn in April

Profits earned by Chinese industrial firms rose 14% in April from a year earlier, official data showed yesterday, slowing from March’s pace and adding to concerns that the world’s second-largest economy may be losing steam.

Vanguard to triple Shanghai staff by year-end

Vanguard to triple Shanghai staff by year-end

Vanguard Group said it plans to triple its staff in Shanghai by the end of this year as China opens its capital markets further to foreign players.

SoftBank planning to boost stake in chipmaker Nvidia

SoftBank planning to boost stake in chipmaker Nvidia

SoftBank Group Corp, the Japanese company that raised a $93bn fund for technology investments, is considering boosting its stake in chipmaker Nvidia Corp, people familiar with the matter said.

Lost Decades are done: Japan emerges as a surprise growth market

Lost Decades are done: Japan emerges as a surprise growth market

Japan isn’t exactly the most obvious place to open a family theme park.

QNB Weekly Market Report

QNB Weekly Market Report

The Qatar Stock Exchange (QSE) index decreased 42.83 points, or 0.42% during the trading week to close at 10,060.52.

HK short-seller rush spurs unusual plan to fight back

HK short-seller rush spurs unusual plan to fight back

One of Hong Kong’s most high-profile targets of activist short sellers has hatched an unorthodox plan to fight back.

Summer love-in for yen, emerging markets won’t last: BofAML

Summer love-in for yen, emerging markets won’t last: BofAML

In an unusual turn of events, investors are long in emerging-market currencies as well as the Japanese yen.

Short sellers resist covering as S&P 500 retakes record in week

Short sellers resist covering as S&P 500 retakes record in week

It usually doesn’t work this way: stocks vaulting to records, and bearish traders getting more aggressive. Lately, it has.

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