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Saudi Aramco shares to start trading Dec 11: Tadawul exchange

Saudi Aramco shares will start trading on Dec. 11, the Saudi securities exchange Tadawul said on Twitter Friday. The Saudi oil giant priced Thursday its initial public offering at 32 riyals ($8.53) per share, raising $25.6 billion and beating Alibaba Group Holding Ltd's record $25...

Asian shares advance after meager gains on Wall Street

Shares swung higher in Asia on Friday after a wobbly day of trading on Wall Street as investors awaited a U.S. government jobs report and kept an eye out for developments in China-U.S. trade talks. Hong Kong’s Hang Seng rose 0.7% to 26,401.47, while the Nikkei 225 in Japan picked up...

Syrian pound at new low as crisis roils neighboring Lebanon

The Syrian pound hit a record low Monday amid the country’s grinding civil war, now in its ninth year, and as a financial and political crisis roils neighboring Lebanon, Syria’s economic lung. When Syria’s conflict erupted in March 2011, a dollar was valued at 47 pounds. On Monday, it...