Business

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Saudi boosts citizen benefits as taxes bite

Saudi Arabia announced Saturday it had boosted stipends and benefits for citizens to cushion the impact of economic reforms including the kingdom’s first ever taxes after an oil price slump.

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Asian stocks gain as Dow breaks record, Koreas agree to talk

Asian stock markets rose Friday after the Dow Jones industrial average finished above 25,000 for the first time. An agreement by North and South Korea to hold talks also lifted sentiment. Investors were looking ahead to a U.S. jobs reports

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Hong Kong stocks rise

Hong Kong shares went into the weekend with another rise, marking a ninth straight gain following more records on Wall Street and as energy firms benefited from a rally in oil prices.

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Can US stocks in 2018 repeat the huge gains of 2017?

After a banner year for US stocks, that saw the Dow hitting repeated records, Wall Street strategists predicted 2018 would see more moderate gains and increased volatility as markets retreated in the final session of 2017 on Friday.