HONG KONGSINGAPORE, Jan 8 Reuters A growing number of wealth managers in Asia are setting up offices in Dubai, capitalising on warming diplomatic ties between China and the Middle East and betting on a surge in demand from clients for geographical diversification. Dubai, a major financial hub in the Gulf region, is emerging as a […]

MUMBAI, Jan 8 Reuters The Indian rupee rose to its strongest level in three weeks on Monday, aided by broadbased offers to sell dollars after mixed U.S. economic data did little to aid the greenback. The rupee was at 83.06 against the U.S. dollar as of 1008 a.m. IST, higher by 0.1 compared with its […]

SINGAPORE, Jan 8 Reuters The dollar edged broadly higher on Monday as risk appetite remained subdued ahead of a key U.S. inflation report later in the week that is likely to provide further clarity on the Federal Reserve39;s monetary policy outlook. The yen was nursing deep losses from last week and struggled near the 145 […]

NEW YORK, Jan 8 Reuters The U.S. healthcare sector is showing signs of life after lagging in 2023 as investors bet cheap valuations will offset a tendency to underperform during presidential election years. The SP 500 healthcare sector has climbed about 6 since the start of December, doubling the gain of the broader index during that period. […]

Shell drops; flags Q4 writedown on Singapore assets Plus500, CMC Markets up on results beat Energy shares biggest drag FTSE 100 down 0.2, FTSE 250 adds 0.3 Jan 8 Reuters The UK39;s FTSE 100 on Monday extended losses from last week as energy shares tracked oil prices lower, while investors looked ahead to the start […]

Eurozone Nov retail sales data due today German exports rise more than expected in Nov Airbus gains after FAA grounds some Boeing MAX 9 jets Pandora rise on Q4 sales beat Jan 8 Reuters European shares edged lower on Monday, extending their lacklustre start to the year as tepid energy shares dragged the index, while […]

BENGALURU, Jan 8 Reuters India39;s two benchmark indexes declined on Monday, dragged by financials and consumer stocks on concerns over their earnings and tracking a fall in global markets ahead of key economic data. The bluechip NSE Nifty 50 index fell 0.91 to 21,513, while the SP BSE Sensex shed 0.93 to 71,355.22. Financials, which carries the […]