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Posted inPLANET FINANCE

China’s fresh promises to rejuvenate its faltering stock market may not be enough

Investors seem to be giving up on China’s stock market: Over 40% of investors surveyed at a Goldman Sachs conference in Hong Kong last week think that Chinese equities are “uninvestable,” despite authorities vowing “forceful” measures to stabilize its falling stock market, the Financial Times reported yesterday. The measures: The country’s Securities Regulatory Commission said […]

Posted inCALENDAR

FEBRUARY 31 January-6 February (Wednesday-Tuesday): Emirates LitFest, InterContinental Hotel Festival City. 1-15 February (Thursday-Thursday): InClassica Dubai International Music Festival 2024, Dubai Opera. 2-29 February (Friday-Thursday): Ras Al Khaimah Art 2024 Festival, Al Jazeera Al Hamra. 3-11 February (Saturday-Sunday): Mubadala Abu Dhabi Open, Zayed Sports City’s International Tennis Centre. 5-7 February (Monday-Wednesday): Middle East Bunkering Convention, […]

Posted inWHAT WE’RE TRACKING TODAY

Earnings season rolls on + Ras Al Khaimah Art Festival begins today

Happy Friday, ladies and gentlemen. It’s a surprisingly mellow end to the week, primarily bringing us more earnings. THE BIG STORY here at home, other than the onslaught of earnings season? S&P Global thinks UAE banks are well-positioned for growth this year as the continued growth of the country’s non-oil economy drives an uptick in […]

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