Business Blog

* Euro slumps to 9-year low* "Grexit" fears resurface, ECB QE eyed* Stocks volatile as oil extends lossesBy Jamie McGeeverLONDON, Jan 5 (Reuters) - The euro slumped to a nine-year low on Monday as investors bet that the prospect of inflation across the region turning negative and mounting political uncertainty in Greece will force the European Central Bank to unleash quantitative easing.European s

Monday, Jan 5 - 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 briefing via http://tmsnrt.rs/1xvOw9c under IFG Briefings Subject.TOP STORIESTurkey unit of Kuwait Finance House secures $350 mln Islamic loanThe Turkish subsidiary of Kuwait Fina

Gulf stock markets may remain under pressure on Sunday after Brent crude closed down nearly a dollar a barrel at $56.42 on Friday, though expansionary budgets from the governments of Dubai and Oman may support their bourses.

* With ECB chief ready to act, euro brushes against $1.20* Crude prices fall in volatile session* Stocks pressured by weak manufacturing readings(Updates prices, adds comment)By Rodrigo CamposNEW YORK, Jan 2 (Reuters) - The euro fell on Friday, continuing the slide that saw the currency finish out 2014 at a 29-month low against the U.S. dollar, on expectations that the European Central Bank will s

* ECB chief says ready to act on low inflation* Euro brushes against $1.20* Stocks pressured by weak manufacturing readings(Updates prices, adds comment)By Rodrigo CamposNEW YORK, Jan 2 (Reuters) - The euro started out the new year on a weak note against the U.S. dollar on Friday, continuing the slide that saw the single currency finish out 2014 at a 29-month low, on expectations that the European

* ECB chief says ready to act on low inflation* Euro touches lowest since June 2010* Stocks pressured by weak manufacturing readings(Updates prices, adds comment, changes dateline; previous LONDON)By Rodrigo CamposNEW YORK, Jan 2 (Reuters) - The euro fell further against the U.S. dollar to start 2015, with the European Central Bank likely soon to embark on outright money-printing, while Brent crud