Stocks slump amid escalating ME conflict
Stocks extended their losing streak this week as persistent global geopolitical tensions continued to weigh on investor sentiment, triggering sustained sell-offs and heightened uncertainty in the market.Market participants said equities have faced significant pressure since the Iran-Israel conflict erupted on February 28, prompting jittery investors to offload holdings amid fears...
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US Treasury yields climb after strong jobs number affirms Fed pause stance
NEW YORK, April 3 (Reuters): US Treasury yields advanced on Friday after data showed the world's largest economy created a lot more jobs in March than expected, cementing expectations that the Federal Reserve will hold interest rates steady for longer and not cut them.The benchmark 10-year yield rose 3.3 basis...
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UAE equities close mixed
Stock markets in the United Arab Emirates closed mixed on Friday, as fears of further escalation in Iran war weighed on risk appetite after US President Donald Trump renewed his threat to strike Iran's power and transportation infrastructure.The US military "hasn't even started destroying what's left in Iran. Bridges next,...
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DHAKA BANK SIGNS CORPORATE HEALTHCARE AGREEMENT WITH ASCENT HEALTH
Dhaka Bank PLC and Ascent Health Limited have signed a corporate healthcare agreement at the Head Office of the bank recently. Md. Mostaque Ahmed, Deputy Managing Director and Chief Emerging Market Officer of Dhaka Bank, and Dr. Anwarul Iqbal, Chief Executive Officer of Ascent Health, signed the Memorandum of Understanding...
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SpaceX files to go public, paving way to make Elon Musk first trillionaire
The space exploration company SpaceX has taken steps to sell its shares to the public for the first time, which could set the stage for one of the largest initial public offerings (IPOs) in modern history, reports Al Jazeera.News reports on Wednesday stated that the company quietly filed for an...
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