MIDEAST STOCKS-Most major Gulf markets fall, Saudi bucks trend

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MIDEAST STOCKS-Most major Gulf markets fall, Saudi bucks trend

By Maqsood Alam. May 30 (Reuters) – Most major Gulf stock markets fell on Sunday, led by the Abu Dhabi bourse, while Saudi Arabia closed higher supported by gains in telecom and healthcare shares. In Abu Dhabi, the main share index .ADI lost 0.5% …
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Dollar near 2-month high vs yen, US inflation beats expectations

TOKYO (Reuters) – The dollar held near a two-month high against the yen on Monday after a key measure of U.S. inflation showed stronger price gains than expected, keeping alive expectations of an eventual tapering in the Federal Reserve’s asset buying.
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UPDATE 1-Australia's Nuix cuts revenue outlook on licence upgrade uncertainty

(Adds details on media coverage). May 31 (Reuters) – Australian intelligence software provider Nuix Ltd downgraded its fiscal 2021 pro-forma revenue forecast on Monday, citing uncertainties related to expected licence upgrades by existing customers and …
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Fall of German payments giant

Wirecard filed for insolvency in June last year after disclosing that €1.9 billion (S$3 billion) in cash, supposed to be in bank accounts in the Philippines,
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PropertyGuru to Acquire REA Group Malaysia, Thailand Units

Singapore real estate startup PropertyGuru Pte has agreed to acquire all of the shares in REA Group Ltd.’s operating entities in Malaysia and Thailand, marking the biggest acquisition in its 14-year history. PropertyGuru will acquire iProperty.com.my and …
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