Khalil Hanware, Arab News JEDDAH, 13 April 2008 - After gaining 3.5 percent last week, Saudi stocks continued their upward movement yesterday. The Tadawul All-Share Index (TASI) edged higher by 50.92 …
WASHINGTON (MarketWatch) — The International Monetary Fund’s policy-steering committee Saturday urged global leaders to cooperate in dealing with the financial crisis.
The benchmark ended up 0.54% at 9,552.63 points, the fourth trading day in a row the index has finished in positive territory.Impressive earnings announcements from companies such as Riyad Bank and Al…
Tim Paradis April 12, 2008 - 05:44 a.m. NEW YORK (AP) - Wall Street stumbled Friday after a disappointing first-quarter report from General Electric Co. surprised the market and stoked concern ab…
Concerns about the impact of the credit crisis and the weak economy will come into sharp focus next week, with investors set for a flood of earnings from ailing financials as well as the technology se…
The conglomerate is one of the early companies to post first-quarter results and its shortfall stirred worries that others still to report will paint a similarly dreary picture. The smaller-than-expec…
(Adds details, comments) By Geraldine Chua SYDNEY, April 11 (Reuters) - Australian shares slipped 0.1 percent on Friday, as gaming firms Tabcorp Ltd (ASX: ) and Tatts Group TTS.AX posted their biggest…
NEW YORK — Wall Street stumbled Friday after a disappointing first-quarter report from General Electric surprised the market and stoked concern about the health of both corporate profits and the…
Khalil Hanware & Abdul Jalil Mustafa, Arab News JEDDAH/AMMAN, 12 April 2008 - Saudi shares rebounded last week following two weeks of decline and analysts attributed the improvement to the application…
their biggest one-day drop since mid-March as a profit warning by General Electric rattled investors and cemented the view that the US economy is tipping into recession. Industrial stocks took a beati…