Latest business news and market updates
Russia's precious metals exports to China nearly doubled in H1 2024, surpassing $1 billion, driven by rising gold prices and strengthening Sino-Russian trade ties amid global economic shifts.
Singapore announces a S$1.1 billion allocation to JPMorgan and two other asset managers to improve liquidity and attract more investors to its local stock market, aiming to strengthen its financial ecosystem.
The UAE equity capital markets are experiencing renewed activity in the second half of 2025, driven by successful real estate investment trust (REIT) listings, while Saudi Arabia faces subdued investor sentiment amid valuation concerns, according to Citi’s Miguel Azevedo.
European natural gas prices remain near two-week lows as the market reflects an improved supply outlook following recent disruptions, easing concerns over shortages ahead of winter.
Helen Jewell of BlackRock states that European earnings forecasts are realistically accounting for tariff risks, with the market rally expected to continue barring unexpected trade disruptions.
Horizons Middle East & Africa delivers comprehensive daily coverage and expert insights on the rapidly evolving MEA region, offering valuable perspectives for global markets, investors, and professionals.
Turkey has declared it will terminate the oil pipeline agreement allowing exports from Iraqi Kurdistan by July 2026, a move that could reshape regional energy dynamics and impact bilateral relations.
Deutsche Bank CEO Christian Sewing emphasizes the joint commitment of German industry leaders and Chancellor Friedrich Merz to restore growth and competitiveness in Germany and Europe through a new investment initiative.
Japan’s yen gains strength following the ruling coalition’s unexpected loss in the upper house election, heightening uncertainty around Prime Minister Ishiba’s leadership and raising concerns over market stability.