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BoJ move boosts equities
Nikkei surges 4.8% to highest since November 2007; oil falls on strong dollar
Stocks mixed after Fed ends stimulus
Stock markets mostly rose in Asia but fell in Europe on Thursday after the Federal Reserve said it will end a stimulus programme that was as massive as it was controversial.
Opec now has a production target of 30 million barrels per day
The price of benchmark North Sea Brent crude has dropped more than a quarter from a high above $115 per barrel in June.
Look to sector’s big names for global demand clues
Slumping energy shares drove the recent US stock market selloff more than any other major group, so investors are turning to this week’s slate of earnings to see if the sector can pull itself out of the pit.
Shares cool after best week
Risk sentiment softens after Ebola case in NY, ahead of bank stress-test results
Egypt considering $1.5b foreign bond as it repairs economy
The Arab world’s most populous country has been trying to repair an economy battered since an uprising toppled Hosni Mubarak in 2011.
Union National Bank joins DMCC Tradeflow platform
The successful implementation of this service highlights UNB’s strategy to expand its Shariah-compliant offering.
Enoc reduces diesel retail price by 20 fils
Emirates National Oil Company, or Enoc, has reduced the price of diesel by 20 fils to Dh3.50 per litre, effective from October 21.
European shares, euro fall
11 banks may fail financial health check offsetting hopes of ECB bond buying
Top bullion consumer China works on first gold forwards, options
China, which overtook India last year to become the world’s biggest consumer of gold, bans trading in commodity options and forwards at present to limit speculation
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