Business Blog

ICD-backed leasing firm to spur Kyrgyz enterprises

A new leasing company will start its operations in Kyrgyzstan during the fourth quarter of 2014 as per Shariah principles.

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Saudi investors eye lucrative projects in India

Saudi businessmen have expressed their desire to invest in India's lucrative projects and hoped New Delhi would sanction interest-free Islamic finance system like other secular states to accelerate inclusive growth and woo funds from Saudi Arabia and other Gulf countries.

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Nikkei rallies to 1-month high on China, U.S. optimism

* China factory data, U.S. housing data underpins Nikkei * Yen's retreat adds support, but more declines may be needed to extend Nikkei's gains * Real estate, banks and brokerages lead gains * Sony falls after CEO fails to impress...
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MALAYSIA PRESS-Felda Global Ventures said to issue $1 bln sukuk-Business Times

http://link.reuters.com/tuq59v----NOTE: Reuters has not verified this story and does not vouch for its accuracy.((Kuala Lumpur newsroom,)(+603 2333-8046, Fax +603 2161-3340,)(This email address is being protected from spambots. You need JavaScript enabled to view it.))Keywords: MALAYSIA PRESS/FELDA
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US STOCKS SNAPSHOT-Wall St closes higher, led by small caps

NEW YORK, May 22 (Reuters) - U.S. stocks ended higher on Thursday, led by gains in small-cap stocks while the Nasdaq advanced on a rally in biotech shares. Based on the latest available data, the Dow Jones industrial average .DJI rose 10.02 points or...
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Italy and Spain underperform as European equities edge up

* Italian and Spanish stock markets fall* Traders cite concerns over European elections this week* Rising demand for protection in case FTSE MIB falls* FTSEurofirst 300 closes up 0.1 pct at 1,366.29 points* Raiffeisen rallies after Q1 resultsBy Sudip Kar-GuptaLONDON, May 22 (Reuters) - Italian and Spanish stocks underperformed firmer equity markets elsewhere in Europe on Thursday, as traders said
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