A clutch of investors led by Valar Ventures have invested in the latest round
US equity market
Latest in US equity market
Abu Dhabi
Chimera Capital launches two new US Shariah-compliant ETFs on ADX
The new exchange traded funds (ETFs) from the Abu Dhabi investment firm will offer UAE investors direct access to US equity markets
economic outlook
Why safe havens are in vogue
For sure, interest rates are still well anchored at low levels and supporting valuations, but a twitchy Fed on the move towards tapering and increasing worries over growth and supply constraints are acting as increasing headwinds to more gains
Asian stock markets
Global stocks tumble after Trump ‘crazy’ Fed comment
The steep drop in Asia followed Wednesday’s plunge in New York, with the Dow Jones dropping nearly 830 points – the biggest fall since February – after Trump’s latest criticism of the Federal Reserve