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Market

Global stocks, commodities rise on Fed, China stimulus
Asian and European equities track the overnight gains
Sharjah bonds gets Moody’s A3 rating
Credit ratings company Moody’s on Wednesday assigned a definitive rating of A3 to the Sharjah government’s US dollar Trust Certificates.
World equities hit 1-month low, focus on Fed meeting
Investors looking for clues on hike in rates sooner than expected
China anxiety knocks shares
China’s factory output grew at the weakest pace in nearly six years in August
Anxiety over Fed meet
Move over rates unlikely to blunt equities’ appeal over bonds
Dollar’s best run in 17 years
Risk of hawkish Fed lifts dollar, US Treasury yields rise to highest in a month
Gold hits lowest since Jan 23
Gold prices hit 7-1/2-month lows on Friday on speculation that the Federal Reserve may raise interest rates next year, and as the dollar index headed for its longest winning streak since 1997.
UAE markets rebound; Saudi, Egypt pull back
Stock markets in the UAE rebounded on Thursday after a pull-back related to the upcoming initial public offer of Emaar Properties’ malls unit, while bourses in Egypt and Saudi Arabia slid on profit-taking.
DFM falls most since July
Drop due to Arabtec stake sale rumours and Emaar Malls IPO
Bahrain to get vote of confidence with first 30-year bond issue
Bahrain looks set to get a vote of confidence from international investors when it offers a 30-year bond worth at least $500 million this week, in its first sale of such a long tenor.
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