Stocks timid amid bad signs on global economy

William Arsn

Investors are still waiting for more clarity on several fronts, which could drive the next big move up or down. The economy has shown some signs of stalling recently, with Friday’s reports from Europe the latest reminder that a steady rise in coronavirus cases may be undermining growth. They follow […]

Fed Has Used Only a Fraction of Main Street Lending Facility

William Arsn

“The Main Street Lending Program has seen modest initial activity thus far,” according to a monthly report from the Congressional Oversight Commission, the panel in charge of overseeing the Treasury Department and Federal Reserve responses to the coronavirus pandemic. “Some of the Main Street Lending Program’s modest activity may be […]

Souqalmal launches key online insurance services for SMEs

William Arsn

Among all the big and small changes the COVID-19 pandemic has pushed people to make, the adoption of online services ranks somewhere right at the top. With customers becoming increasingly comfortable switching to online services, service providers are also investing heavily in refining their online offerings and streamlining user experience. […]

Gold eases from tops, up little below $1940 level

William Arsn

A turnaround in the equity markets extended some support to the commodity’s safe-haven status. The USD built on the post-FOMC minutes positive move and capped any strong gains for the metal. Concerns about the US economic recovery helped limit any meaningful downfall, at least for now. Gold refreshed daily lows […]