Treasury 10-year note yields fell for the sixth week in a row, matching the longest streak since June, as slowing growth and concern Europe’s debt crisis is worsening bolstered the refuge appeal of U.S. government debt.
Yields on the benchmark note dropped to the lowest level in two months as government reports showed the U.S. economy expanded less-than-forecast in the first quarter and weekly jobless claims rose. U.S. payrolls added fewer than 200,000 positions in April for a second straight month, data next week may show, adding to expectations from investors including Bill Gross that the Federal Reserve is far from pulling back on monetary stimulus.
TAQA secures $200 million Samurai loan to refinance bonds
The Abu Dhabi market index ADXGI finished the second week of April with a day gain of 0.50 per cent, closing at 5,156.65 points on Thursday, April 17.
The shares of Abu Dhabi National Energy Company
Developers gain as lenders lose at Dubai market
The Dubai Financial Market General Index (DFMGI) advanced by 0.72 per cent to close at 4,762.21 points on Thursday, April 17. The gauge gained 150 per cent in the past 12 months and showed few signs
The joint venture between Saudi Aramco and Japan’s Sumitomo Chemical s
Qatar Stock Exchange up 0.78pc
Qatar Exchange added 97.12 points (or 0.78pc) when the bourse closed at 12,550.98 points Thursday afternoon.
The volume of the shares traded was up to 37,110,091 from 35,161,071 on Wednesd
SABIC CEO meets Chinese Premier during Boao Forum for Asia
Mohamed Al-Mady, SABIC Vice Chairman and CEO, interacted with Li Keqiang, Premier of People's Republic of China, on several occasions during the Boao Forum for Asia (BFA) Annual Conference 2014 in Ha