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- Saudi Aramco's Jafurah Gas Plant Begins Output with 450 Million Cubic Feet Per Day
- Bahrain Marina seals partnership deal with Batelco by Beyon
- Investcorp Capital acquires $400m industrial assets across US
- The British Embassy honors Gulf Bank for empowering people with disabilities
- Saudi flour company MC4 starts work on new production facility
- Alba celebrates major contributions of its female workforce
- H&H unveils new ultra-luxury destination in Jumeirah
- Top architect Frida Escobedo lands contract to design Qatar ministry HQ
- QSE edges lower on selling pressure in banks, consumer goods & insurance; M-cap adds QR2.13bn
- US, UAE Central Banks on track for final interest rate cut of 2025 next week
04/09/2012 09:00 AST
Chinese stocks fell for the fourth time in five days as Societe Generale SA predicted a weaker growth outlook and Goldman Sachs Group Inc. cut its estimates for Chinese earnings.
China Construction Bank Corp. sank to a five-week low as Credit Suisse Group AG warned of softening loan demand and lower net interest margins at lenders. Kweichow Moutai Co. (600519), China's biggest producer of baijiu liquor by market value, surged the most in almost two years after saying it will raise some product prices. Citic Securities Co. advanced to a one-week high on plans to buy a 30 percent stake in Shenzhen Qianhai Equity Exchange.
The Shanghai Composite Index (SHCOMP) dropped 0.5 percent to 2,049.81 at 1:10 p.m. local time even as a commentary in the China Securities Journal outlined possible new government stimulus measures. About three stocks fell for each one that rose. The CSI 300 Index (SHSZ300) lost 0.5 percent to 2,216.81. The Hang Seng China Enterprises Index (HSCEI) of Chinese companies traded in Hong Kong retreated 0.6 percent.
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Bloomberg
| Ticker | Price | Volume |
|---|
| Index | Closing | Change |
|---|---|---|
| NIKKEI 225 | 36,581.76 | -251.51 (-0.68 |
| DAX | 18,699.40 | 181.01 (0.97 |
| S&P 500 | 5,626.02 | 30.26 (0.54 |
04/12/2025
US President Donald Trump with Crown Prince Mohammed bin Salman of Saudi Arabia during an arrival ceremony at the White House in Washington, Nov. 18, 2025. So far, the president's energy strategy has
Khaleej Times
04/12/2025
Turkish inflation eased to 31.07% annually and 0.87% month-on-month in November, both below expectations due to food prices, official data showed on Monday, reinforcing expectations of another intere
Asharq Al Awsat
04/12/2025
Bitcoin's plunge below $85,000 this week has sent a shudder through global cryptocurrency markets, erasing billions in value and reigniting concerns over the sector's fragility.
The world's
Khaleej Times
03/12/2025
The Prada Group announced Tuesday that it has officially purchased Versace in a $1.37 billion deal. The move takes the fashion house known for bold, sensual silhouettes into a new ownership structure
Gulfnews
02/12/2025
Manufacturing was weak in Europe and Asia's biggest economies in November, business surveys showed on Monday, as subdued domestic demand and tariff uncertainties weighed. The eurozone, China and Jap
Reuters
Financial Information Co.
Saudi Arabia