Dubai leads Gulf markets higher as ceasefire holds, earnings in focus
Dubai led gains across Gulf stock markets in early trade on Wednesday
Economy
India services growth picks up in April on strong domestic demand, PMI shows
India’s services sector growth picked up in April after falling to a 14-month low
Gold jumps on weaker dollar, Middle East peace hopes
Gold prices rose 2% on Wednesday, buoyed by a weaker dollar,
Soybeans, corn drop on crude weakness; US dryness in focus
Chicago soybeans and corn slid for a second session on Wednesday
Adani, Arcelor among firms setting up treasury operations in India’s GIFT City, sources say
Gautam Adani’s eponymous firm, telecom operator Bharti Airtel,
Copper bounces from 3-week low on bargain hunting; COMEX outperforms
Copper prices rebounded after hitting a three-week low on Tuesday
UniCredit posts record quarterly profit as it kicks off Commerzbank bid
Italy’s UniCredit on Tuesday posted a much higher than expected profit
European shares dip as fresh US-Iran clashes rattle risk sentiment
European shares nudged lower on Tuesday, with investors on edge
Wheat eases, but US drought keeps prices near two-year high
Chicago wheat slid on Monday, giving up some of its recent gains,
Australian shares fall in broad-based losses, NAB slips on missing earnings estimate
Australian shares fell on Monday as most sectors traded in negative territory