The Chinese currency renminbi, or yuan, retreated 37basis points to 6.1557 against the U.S. dollar on Friday, according to the ChinaForeign Exchange Trading System.In China's foreign exchange spot market, the yuan is allowed to rise or fall by 2percent from the central parity rate each trading day.The central parity rate of the yuan against the U.S. dollar is based on…Read more
China's stock index futures opened lower on Friday, withthe contract for settlement in April, the most actively traded, down 3 points to openat 2,156.6.The contract for settlement in May moved down 3.6 points at 2,147.8. The Junecontract opened 2 points lower at 2,134.2, and the September contract opened 2.2points lower at 2,112.6.
The stock-index contracts, agreements to buy or sell…Read more
South Korean stocks traded almost unchanged late Friday morning as investors remained wary ahead of big data releases at home and abroad, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) edged down 1.9 points, or 0.1 percent, to 1,991.8 as of 11:20 a.m. The main bourse snapped its six straight gains on Thursday after surpassing the 2,000 point…Read more
The Egyptian global depository receipts (GDRs) traded on the London Stock Exchange showed mixed performance at the close of Thursday's trading.
The GDRs of the Commercial International Bank (CIB) rose by 0.87 percent.
The GDRs of the Orascom Telecom and EFG-Hermes dropped by 11.11, 14.03 percent respectively.
Meantime, The GDRs of the Orascom Construction Industries remained unchanged at 42.01 dollarsRead more
Singapore shares closed 0.85 percent higher on Thursday, as upbeat U.S. data underpinned performance of U.S. stocks overnight.
The Standard and Poors' 500 Index closed at an all-time high on Wednesday as U.S. investors cheered another set of solid private- sector jobs and factory orders data.
According to payroll processor Automatic Data Processing, U.S. private-sector payrolls increased by 191,000 new…Read more
British online takeaway delivery service Just Eat launched on the London Stock Exchange on Thursday in a partial flotation which valued it at £1.5 billion ($2.5 billion, 1.8 billion euros).
Just Eat provides an online website to enable customers to buy food from their local takeaway restaurants, and takes a cut from delivery orders.
Thursday's initial public offering (IPO), set…Read more
The Spanish treasury sold on Thursday treasury bonds valued at 5.582 billion euros (7.683 billion U.S. dollars) at lower interest rates, registering a high demand of 10.723 billion euros according to the treasury.
A total of 2.726 billion euros worth of bonds with 5-year lifespan carried an average interest rate of 1.869 percent, which was below the 1.991 percent of…Read more
Kuwait Stock Exchange (KSE) closed Thursday’s session, last session of the week’s trades, with the main indices in mixed boards.
Weighted Index read 494.69, gaining a single point, price index stood at 7,572.47, putting on 1.95 points, but the third index, the KSX 15, which reflects trading in blue-chips, dropped by a narrow margin to 1,214.24, losing