Shares Gain on Dovish Fed Tone, Mideast in Focus

Oct 10 Reuters Stock markets in the Gulf climbed in early trading on Tuesday as U.S. rate worries eased, while investors kept their focus on fresh military conflict in the Middle East after a surprise attack by Hamas militants on Israel over the weekend. Federal Reserve officials indicated on Monday that rising yields on longterm U.S. Treasury bonds could […]
Read More

EU Plans AntiSubsidy Probe into Chinese Steelmakers FT

Oct 10 Reuters The European Union is planning to announce antisubsidy investigations against Chinese steelmakers at a summit with the U.S. this month, the Financial Times reported on Tuesday. Brussels had agreed to join Washington39;s efforts to shield industries from cheap competition, the report said, citing two officials with knowledge of the move. Washington had […]
Read More