Business Blog

Petrochemicals stocks led gains on Saudi Arabia's bourse as an overnight rebound in oil prices spurred the kingdom's investors to buy back beaten-down stocks.

Central bank dashes business hopes for cut but says it may ease policy within months provided conditions stay favourable

Japan's Nikkei share index hits a fresh seven-year high despite Moody's move to cut the country's credit rating.

Islamic banking is growing faster than its conventional counterpart but is focused in a few core markets and risks missing an opportunity to build a global footprint, the EY consultancy said.

Islamic banking is growing faster than its conventional counterpart but is focused in a few core markets and risks missing an opportunity to build a global footprint, the EY consultancy said.

Insurance giant Aviva agrees to buy pensions company Friends Life in a £5.6bn deal that will create the UK's largest insurance, savings and asset management firm.