Market News

Islamic finance, which includes a proscription against borrowers paying interest to lenders, will grow internationally to more than $100 billion this year, after a difficult 2013. The issuance of sukuk, or shariah-compli...

Currently if you ask any audience of traders if they have heard of or use pivot levels almost every hand will go up, however that wasn?t always the case. I first remember hearing about pivot point analysis from the late ...

Seventy-one public companies tapped the U.S. stock market last month, a record start to the year and a sign of investors' healthy appetite for growth sectors despite the recent tumult.

 Kenya’s main port of Mombasa is a curious place for a game of “high stakes chicken” but that’s how it looks to an outsider as the country’s first big mining venture races towards a head-on collision with the ...

Gold of 99.9 and 99.5% purity dropped by Rs340 each to Rs30,200 and Rs30,000 per ten grams, respectively

In a piece that will appear in the New York Times' Sunday Review, Woody Allen vehemently denies all allegations he molested his then 4-year-old daughter Dylan in 1992. Allen's primary reaction to the accusations are that...

Last week started off with fears of Armageddon as the contagion from the emerging markets hit the developed stock markets quite hard. The S&P 500 futures lost 44 points by mid-afternoon, Monday, with little in the way of...

Eric Meyer, a hedge fund manager, finds himself flying from Connecticut to the Persian Gulf at least once every four to six weeks. His favorite city there is Dubai, where he's had an office in the Jumeirah Lakes district...