Business Blog

GLOBAL MARKETS-China shares plunge, Europe eyes crunch ECB meeting

* Chinese shares plunge 7.7 percent* Europe gears up for ECB, Greek election* Bond yields hit new lowsBy Jamie McGeeverLONDON, Jan 19 (Reuters) - Chinese shares chalked up their biggest one-day slide in nearly seven years on Monday after regulators there took steps to rein in speculative lending, while investors everywhere braced for what is shaping up to be a critical week in the euro zone.Expect
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The promise of Saudi equities

The Saudi authorities' decision to open the country's stock market to direct foreign investment will be a boon for regional investors, says Reda Gomma of Mashreq Capital.
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The promise of Saudi equities

The Saudi authorities' decision to open the country's stock market to direct foreign investment will be a boon for regional investors, says Reda Gomma of Mashreq Capital.

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Will Riyadh rival Dubai??

By opening its stock market to foreigners, could Saudi Arabia seize prominence as the Gulf region's financial hub?

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Turkey's Halkbank sees assets up 13-15 pct, loans up 16-18 pct in 2015

ISTANBUL, Jan 19 (Reuters) - Turkish state-owned lender Halkbank HALKB.IS said on Monday it expected its assets to grow by 13-15 percent and its loans by 16-18 percent in 2015. In a statement to the Istanbul stock exchange it also forecast a 13-15...

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Islamic Finance Gateway Daily Briefing

Monday, Jan 16 - The Islamic Finance Gateway (IFG) Briefing, published from Sunday to Thursday, carries the latest market-moving news and data for institutions offering Islamic financial services.You can view the full IFG briefin http://tmsnrt.rs/1sTIKxY under IFG Briefings Subject.TOP STORIESQatar Islamic Bank plans $549 mln Tier 1 sukukQatar Islamic Bank ( QIB ) plans to raise up to 2 billion ri

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