Wall St slides as Meta, Microsoft warnings trigger fears over AI trade
Wall Street tumbled on Thursday, after warnings from Microsoft and Meta Platforms about escalating AI costs curtailed enthusiasm for megacap...
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Saudi Arabia’s PIF signs MoUs worth up to $51bn with Japanese banks
DUBAI: Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has signed five Memorandums of Understanding (MoU) with Japanese...
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Most Gulf markets gain on Israel-Hezbollah ceasefire hopes
Most stock markets in the Gulf ended higher on Thursday, helped by hopes for a potential ceasefire deal between Israel...
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Saudi Arabia’s PIF, Hong Kong’s HKMA looking to anchor $1bn investment fund
DUBAI: Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), and the Hong Kong Monetary Authority (HKMA) are looking...
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Profit-taking persists, KSE-100 loses 1,320 points to close below 89,000
Profit-takers dominated proceedings at the Pakistan Stock Exchange (PSX) for the second straight session on Thursday, pulling the KSE-100 Index...
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Indian shares log worst month since March 2020 on record foreign outflows, dull earnings
Indian shares fell on Thursday, logging their worst monthly performance since March 2020, as record monthly foreign outflows and lacklustre...
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China stocks edge higher as manufacturing activity returns to growth
SHANGHAI: China stocks ended slightly higher on Thursday, led by property shares, as the country’s manufacturing activities returned to growth...
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London stocks drop as investors pare rate cut bets
The UK’s benchmark stock indexes fell on Thursday and were set to end the month with heavy losses as investors...
Read moreMajor Gulf markets gain on Israel-Hezbollah ceasefire hopes
Most major stock markets in the Gulf rose in early trade on Thursday, buoyed by hopes for a potential ceasefire...
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STOXX 600 drops on tepid earnings, set for worst month in a year
Europe’s benchmark index opened lower on Thursday, and was set to record its worst monthly performance in a year, while...
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