KARACHI: Pakistan on Wednesday raised $2.5 billion from global capital markets after the government issued the five-year Sukuk (Islamic bond) and the 10-year Eurobond at relatively lower rates. It was the first venture into foreign…
NEW YORK: Donald Trump's stunning victory for the White House may mark the long-awaited end to the more than 30-year-old bull run in bonds, as bets on faster US growth and inflation lead investors to favour stocks over bonds. A two-day…
Commercial Bank of Kuwait, the Gulf state's fifth-largest lender by assets, has received regulatory approval to issue up to 120 million dinars ($425.8 million) of bonds, as it prepares to convert into an Islamic bank.