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Finance
Yen falls to new record low against euro
Chinese share prices recovered opening losses to close the Wednesday morning session 0.25 percent higher after tumbling 8.84 percent Tuesday, their biggest one day fall in 10 years, dealers said.
US investigators have uncovered evidence that Arab Bank channelled tens of millions of dollars from wealthy Saudi Arabians to Palestinian groups that finance suicide bombers and their families.
Standard Chartered has been honored for its continued commitment to Emiratisation by His Highness Sheikh Dr. Sultan Bin Mohammed Al Qassimi, Ruler of Sharjah and Member of the Supreme Council.
DDC is the 49th company to list its shares on the DFM and the ninth within the ‘Real Estate & Construction’ sector. Investors will be able to trade DDC shares within the first class.
HSBC, the world's third-biggest bank, said that total impairment charges, or loans to customers that were written off, rose to 10.573 billion dollars (8.052 billion euros) last year.
Antali’s bond ACL712041 won the million-Dirham prize at the eleventh draw held on 3rd March 2007 at the Dubai Financial Market.
Amlak Finance has announced its further international expansion schedule with the launch of Amlak Finance and Real Estate Investment in Egypt which offers competitve Islamic home finance products available for the first time in the Egyptian market.
Global stock markets saw more havoc Monday as Wall Street share prices failed to sustain a rebound and as investor jitters drove down values in Europe and Asia.
The US banking giant plans a tender offer within a week for Japan's number three securities firm, which looks likely to be stripped of its stock market listing for false accounting.
Global stock markets staged a spirited comeback Tuesday, as investors snapped up shares at bargain prices and helped reverse -- albeit temporarily.