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Markets

2,754.04 0.03%
Volume
149,462,466
Turnover
0.03%
Trades
1,773
15
Up
8
Flat
11
Down
Traded stocks 34
4,891.79 0.06%
Volume
24,862,545
Turnover
0.06%
Trades
689
6
Up
5
Flat
15
Down
Traded stocks 26
Most active
Tabreed
1.59
Arabtec Holding
1.9
Salama
0.63
Al Salam Bank
1
UAB
1.13
Sudatel
0.47
Emaar Malls
1.78
Amanat
1.14
Al Salam Bank
1
FAB
14.32
Salama
0.63
Emaar Development
5.15
Al Salam Bank
1
Salama
0.63
Deyaar
0.46
Drake & Scull
0.37
1 week 5 day

Banking royal commission continues to quiz CommInsure over life insurance

By business reporter Michael Janda The banking royal commission is continuing its examination of life insurance, with CommInsure still in the stand answering questions over denied claims.Later in the day, major life insurer TAL will appear to answer questions about its products and practices.Follow the live blog for the latest.


More about

Business News

28 minute 50 second

Tough trade talk offsets oil rally and a boost from Amazon shares on Wall Street

By business reporter Stephanie Chalmers, wires The Australian share market could be in for a slight rise at the open after mixed sessions on global markets overnight, as tough talk on trade put a dampener on Wall Street but an oil-fuelled rally led European markets higher.Investors are also awaiting the Federal Reserve's decision on US interest rates, as its two-day meeting gets underway.A continued rally in oil prices boosted energy stocks in European trade, with London's FTSE gaining two-thirds of a per cent."The combination of tight supply, healthy demand, falling global inventories — down from already under-stored levels — and...
1 hour 51 minute

China is still stealing intellectual property — but that's not the biggest problem

The World Today By Thomas Oriti China has continued to steal intellectual property from other countries, according to a report out this week — but one cyber security expert says that's not the real issue.A report released this week by the Australian Strategic Policy Institute says that China is clearly, or likely to be, in breach of its bilateral cyber espionage agreements.And it warns that if Australia doesn't ramp up the pressure, China is unlikely to stop.The stakes are high"Essentially, it's the lifeblood of economies," said Fergus Hanson, the head of the Institute's International Cyber Policy Centre.If ideas from companies...
1 hour 52 minute

Opinion: Exaggerating the economy’s strength may lead the Fed — and you — to make mistakes

All of a sudden, the very same economy that has been chugging slowly along since about 2010 is described, seemingly everywhere, as being in a “boom.” White House economic council chief Larry Kudlow thinks so, but he always does when Republicans are in charge. But even people who should know better, like New York Times columnist Tom Friedman, are falling into the trap. Even some at the Federal Reserve, apparently, even though the Fed’s most-recent Beige Book report used typically-beige language, calling growth “moderate.” But they shouldn’t be so upbeat. And neither should you. Because almost no indicators that matter...

1 hour 57 minute

Nike earnings surge, but investors unimpressed

Nike knocked out double-digit earnings growth in its first fiscal quarter, with the increase due to factors that don't include the retailer's controversial advertising campaign featuring former NFL quarterback Colin Kaepernick.The ad came out not long after the quarter ended, so any performance increases are likely due more to the FIFA World Cup of soccer that put the spotlight on players and teams in Nike clothing and shoes. Nike reported revenue of $9.95 billion on adjusted earnings per share of 67 cents, versus expectations of $9.94 billion in revenue on 63 cents per share. Still, shares fell nearly 3 percent...
1 hour 58 minute

3 key points to watch from the Fed on Wednesday

WASHINGTON - The Federal Reserve is all but certain Wednesday to raise its key short-term interest rate for the third time this year and to signal that another hike is likely before the year ends.But what about next year? Most economists foresee a slowdown in the nearly 10-year-old U.S. economic expansion as President Donald Trump's trade war takes a toll and the benefits of tax cuts start to fade.Will the Fed feel compelled to slow its rate increases? Or will it keep steadily tightening credit to ensure that a robust economy, with unemployment near a 50-year low, doesn't ignite high...
2 hour 1 minute

Takata airbag recall: Northern Territory drivers more at risk of explosions, could face sanctions

By Kristy O'Brien Almost 12,000 drivers in the Northern Territory still haven't had their faulty Takata airbags fixed, despite them resulting in 24 deaths globally and hundreds of serious injuries.The NT Department of Infrastructure, Planning and Logistics is urging 11,500 of 17,000 affected NT motorists — two-thirds of those identified as affected so far — to get their cars fixed before anyone else is injured or killed.Darwin drivers are at even greater risk because of the heat, said Louise McCormick, the department's general manger of transport."Darwin is affected more than other states and territories in the southern part of Australia...