Major Gulf markets rise in early tradeSaudi Arabia's benchmark index added 0.3%, with Jabal Omar Development rising 3.3%, on track to end three sessions of losses.
13 Dec, 2020, 02.03 PM IST
Saudi shares starts last month of 2020 on wobbly footing after a stellar NovemberInvestors worldwide are pinning their hopes on positive vaccine trial data, fuelling optimism about an economic recovery at a pace faster t...
01 Dec, 2020, 02.22 PM IST
Major Gulf stocks little changed in early tradeMoody's on Wednesday upgraded the utility company's rating to A1, citing increased government support. The company recently signed an agree...
29 Nov, 2020, 01.55 PM IST
MIDEAST STOCKS-Saudi leads losses in morning tradeFinancial markets globally have gained in most sessions over the past couple of weeks as U.S. drugmakers Pfizer Inc and Moderna Inc, and Br...
26 Nov, 2020, 02.37 PM IST
Most mid east markets retreat on lower oil prices, but post weekly gainsOver the past two weeks, financial markets globally were spurred by two U.S. drugmakers, Pfizer and Moderna Inc , releasing encouraging new...
19 Nov, 2020, 08.12 PM IST
Saudi Arabia shares extend gains as oil rises on vaccine cheer; Dubai, Qatar struggleSaudi Arabia's benchmark index was up 0.4%, on track for a sixth straight session of gains, with oil behemoth Saudi Aramco edging up 0.4%, ...
11 Nov, 2020, 02.12 PM IST
Saudi Arabia's Al Rajhi Bank reports 3% drop in Q3 profit, impairments upThe bank made 2.66 billion riyals ($709.28 million) in the three months to Sept. 30, down from 2.74 billion riyals in the same period a yea...
25 Oct, 2020, 01.35 PM IST
Dubai leads major Gulf markets higher in early tradeDubai's main share index rose 0.7%, buoyed by a 14.4% surge in DAMAC Properties as investors hunted for bargains.
21 Oct, 2020, 02.35 PM IST
Most major Gulf markets slide; Abu Dhabi gainsSaudi Arabia's benchmark index slipped 0.2%, with Al Rajhi Bank and petrochemical maker Saudi Basic Industries falling 0.3% and 0.4%, respe...
14 Oct, 2020, 02.30 PM IST
Islami Bank Bangladesh, with suspected terror links, had dollar account with HSBC IndiaThe banking operation of HSBC India is in the dock for another reason that has gone largely unnoticed - helping another bank with suspected...
23 Jul, 2012, 10.31 AM IST
Sunday ET: Terror link: RBI may examine HSBC booksRBI could look at the books of HSBC, as reports from the US senate, accusing the global lender of engaging in money laundering activities l...
22 Jul, 2012, 09.39 AM IST
HSBC India staff under scanner for money laundering and terror financingHSBC India's staff have come under scanner as "offshore reviewers" of the bank's compliance to safety mechanism against money laundering an...
18 Jul, 2012, 08.30 PM IST
US Senate's investigation committee finds deficiences in HSBC's India operationsA probe by the US Senate found that HSBC's Anti-Money Laundering Compliance Dept, which included employees in India, was highly inadequatel...
18 Jul, 2012, 03.42 PM IST
HSBC exposed US and possibly India to terror funding: Senate Permanent SubcommitteeHSBC failed in preventing money laundering by drug cartels & terrorists not only in US, but also other parts of the world, possibly includi...
18 Jul, 2012, 12.08 AM IST
- U.S. report says HSBC handled Iran, drug money
"The culture at HSBC was pervasively polluted for a long time," said Senator Carl Levin, chairman of the U.S. Senate Permanent Subcommittee...
17 Jul, 2012, 10.47 AM IST
- Euro area economy to shrink this year, impact on EMs will be minimal: IMF global outlook
Weak US employment data and the ECB's reluctance to support struggling euro nations any further affected European and American market senti...
07 May, 2012, 09.08 AM IST
- Asian growth attracts Shariah banks from Gulf
Al Salam Bank BSC, Bahrain’s fastest-growing lender by revenue in the past year, plans to invest $500 million of Islamic funds in Asia, joi...
11 Aug, 2010, 03.03 AM IST