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BORSE DUBAI
US stocks hold ground ahead of Fed decisionWall Street awaits Federal Reserve meeting outcome on interest rates and monetary policy. Market indices show minimal changes. Focus on pol...- Nasdaq stock falls as Borse Dubai set to sell shares in secondary offeringBorse Dubai had been the largest single shareholder in Nasdaq. It said it will reduce its ownership stake to 10.8% from 15.5%.
- BSE's initial public offering likely to be delayedThe BSE would be missing the year-end deadline it had set for itself for going public, as the oldest bourse of Asia is yet to hear from Seb...
- HDFC Bank to take preferential route to buy 1% in BSE at 375 a shareLeading private sector bank HDFC Bank will buy 1% equity stake in the BSE at 375 a share through the preferential allotment route.
- Dubai may sell shares in state companies to cut debt"We are working on opening up the capital of leading companies to our public," Sheikh Ahmed bin Saeed Al Maktoum, chairman of Dubai Supreme...
- SGX’s Bocker faces opposition over ASX takeoverMagnus Bocker, who stitched together eight European stock exchanges and sold them in a bidding war, is running into a wall with shareholder...
- HDFC Bank buys BSE stake via swapHDFC Bank is learnt to have bought a small stake in the Bombay Stock Exchange (BSE) as part of the share-swap agreement with the stock exch...
- Dubai World in deal to rejig $23.5-bn debtDubai World, the state-owned holding company, reached an agreement with creditors to restructure $23.5 billion of liabilities as it seeks t...
- Stanford’s billionaire chief vanishes as scam impact ripples across globeAllen Stanford, the Texan billionaire best known for sponsoring the $1 mn West Indies Twenty20 last year, has disappeared, even as US autho...
- Goldman, Morgan Stanley among Dubai Merc investorsMorgan Stanley and four energy-related companies are taking minority stakes in Dubai Mercantile Exchange Ltd.
- Goldman, Morgan Stanley among Dubai Merc investorsGoldman Sachs Group Inc, Morgan Stanley and four energy companies are taking minority stakes in Dubai Mercantile Exchange Ltd.
- OMX net rises 30% to $35 m; sales up 23%Nordic stock exchange operator OMX said on Wednesday its earnings rose 30% on growing trade revenue in the third quarter despite the uncert...
- US to probe Borse Dubai - Nasdaq dealNew US procedures were introduced following a controversy which erupted when Dubai Ports World, another Dubai-controlled company, was force...
- High-flying Dubai spreads investment wings abroadEconomists talk about financial risks involved in investing in Gulf.
- Borse Dubai launches rival bid for OMXBorse Dubai launched a takeover bid for OMX on Friday that values the Nordic stock exchange operator at 27.7 billion kronor ($3.95 billion)...
- Dubai bourse may buy 25% in OMXBorse Dubai, owner of the emirate’s two stock exchanges, plans to buy at least 25% of Sweden’s OMX, potentially derailing a 25.1 billion-kr...
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