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Saudi bourse hits nine-month high; Qatar eases

Saudi Arabia's stock market rose in early trade on Tuesday hitting its highest in nearly nine months on bets for an imminent end to U.S. interest rate hikes, while the Qatari bourse eased.

Morning Bid: Retail, housing and banks test jaunty July

Bank of America profit beats on boost from interest income, investment banking

Bank of America's second-quarter profit beat Wall Street estimates as it earned more from customers' loan payments while investment banking and trading fared better than expected.

UBS investors warm to Credit Suisse deal

UBS's emergency takeover of Credit Suisse may lead to thousands of job losses, departures of key staff and a risky integration challenge, but for many UBS investors it increasingly looks like a good deal for Switzerland's biggest bank.

India s HDFC Bank posts bigger-than-expected jump in Q1 profit

HDFC Bank , India's largest private lender, on Monday reported a bigger-than-expected 30% jump in first-quarter profit, helped by higher net interest income (NII) and strong loan growth.

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