Tadawul market defends 6,000 points level

Chinese steel sector held back by lack of stimulus
According to a senior official of a firm involved in all three sectors The mainland's steel, iron ore and coking coal industries remain in the doldrums with an uncertain outlook as there is no sign B

Mining and luxury stocks hit as Europe shares fall
European shares fell on Thursday as confirmation that the U.S. Federal Reserve would wind down economic stimulus measures, together with weak Chinese data, hit investor sentiment.

The pa

Yuan Forwards Drop Most Since October 2011 on Fed, China Outlook
Yuan forwards fell the most since October 2011 after Federal Reserve Chairman Ben S. Bernanke said the central bank may reduce monetary stimulus that helped spur fund inflows to emerging-market asset

China Manufacturing Contraction Deepens In June
China's manufacturing activity contracted at a faster pace in June, reducing the prospects of a promising economic recovery, preliminary results of a survey by Markit Economics and HSBC revealed Thur

Japan April Leading Index Rises Less Than Estimated
A leading indicator of the Japanese economy recorded a slower growth in April than initially estimated, final data released by the Cabinet Office showed Thursday.

The leading economic in