Business Blog

Abu Dhabi-based telecoms firm Emirates Telecommunications Corp (Etisalat) is planning its first ever sukuk issuance in a follow-up to its debut conventional bond earlier this year, bankers told IFR.

Tunisia has issued a USD 825 million bond on the domestic Japanese market, guaranteed by the state-owned Japan Bank for International Cooperation, Tunisia's central bank said.

* MSCI All-Country World index hits six-month low* Benchmark on track for third straight weekly loss* Brent crude at lowest level since Dec 2010* Investors fret about global slowdown as Fed stimulus endsBy Francesco CanepaLONDON, Oct 10 (Reuters) - Global shares fell to a six-month trough and Brent crude futures tumbled to their lowest since 2010 on Friday as investors worried about the prospect o

* MSCI All-Country World index hits 6-month low* Benchmark on track for third straight weekly loss* Investors fret about global slowdown as Fed stimulus endsBy Francesco CanepaLONDON, Oct 10 (Reuters) - Shares across the world fell sharply on Friday, pushing a global index to a six-month low, as investors worried about the prospect of a widespread economic slowdown while U.S. monetary stimulus nea

Malaysia's CIMB Group Holdings Bhd and two smaller domestic lenders have agreed to create the country's biggest banking group, in a deal that financial sources say will value the merged entity at around USD 22 billion.

Malaysia's CIMB Group Holdings Bhd and two smaller domestic lenders have agreed to create the country's biggest banking group, in a deal that financial sources say will value the merged entity at around USD 22 billion.