Equity index provider MSCI on Tuesday lowered Greece to emerging market from developed market status, citing failure to qualify on several criteria for market accessibility.» Read More
*Egypt stocks jumped 4 pct in May. The MSCI dollar-denominated Egypt index jumped 4 percent last month, outperforming a 4 percent decline in the broader MSCI emerging market index, of which Egypt is a constituent alongside larger emerging economies such as China, Brazil, Russia and India.
DUBAI, June 5- Investors are betting that the United Arab Emirates will finally be elevated to emerging market status in a review of MSCI indexes next week, but expect Qatar to miss out due to still stringent foreign ownership limits.
DUBAI, June 4- Wealthy individuals in the Middle East and Africa saw the value of their assets rise by 9.1 percent to $4.8 trillion in 2012, a study by the Boston Consulting Group showed, as strong economies and rising equity markets fuelled regional growth.
NEW YORK, June 2- A group of investors, including Chinese real estate tycoon Zhang Xin, paid about $1 billion for a 40 percent stake in a landmark New York office building, a person familiar with the deal said on Sunday, in the latest sign of how foreign investors are fueling a U.S. commercial real estate market recovery.
*Echoes of 1980 s non- OPEC supply surge. VIENNA, May 31- OPEC's halcyon days of high prices and high production may be drawing to a close as soaring U.S. output opens a new era for world oil markets.
*Senior officials from Qatar and Saudi Arabia at talks.
ISTANBUL, May 30- Syria's opposition, under pressure to broaden its Islamist-dominated leadership, struggled to overcome deep rifts on Thursday and form a united front for a proposed international conference to try to end the Syrian war.
PARIS, May 30- WTO countries have until the end of July to revive moribund global free trade talks in time for a meeting scheduled for December in Bali, top trade officials and ministers said on Thursday, and warned of long-term damage if they fail.
NEW YORK, May 30- Global wealth grew faster in 2012 than in the previous two years, boosting the number of millionaires and improving the outlook of the wealthy, according to new studies.
VIENNA, May 30- OPEC oil exporters on Thursday, set to leave output policy unchanged, were weighing the impact of rising supplies of U.S. shale oil that are redrawing the landscape of global oil trade.
VIENNA, May 30- OPEC oil exporters on Thursday were in no mood to fight over how much crude to produce and instead weighed the impact of rising supplies of U.S. shale and a looming turf war in Asia.
*Struggling with Nigeria, production downtime, Alaska record. LONDON, May 30- A decade ago, Royal Dutch/Shell's boss was fighting to close the gap between the truth about his company's oil and gas reserves and the much larger figure in its accounts.
*Syria opposition wants guarantees on Assad exit. *Rebels in Syria want half the seats on Coalition bodies. In its first official reaction to the Geneva conference being prepared by the United States and Russia, the opposition coalition adopted a declaration calling for "binding international guarantees" for any resolution of Syria's two-year-old conflict.
*Talks in Bali could unlock broader trade stalemate. Diplomats at the World Trade Organization have become increasingly pessimistic about striking a global trade deal at a meeting in December in the Indonesian resort of Bali, despite deliberately setting an unambitious target in hopes of reviving confidence in moribund global trade talks.
ISTANBUL, May 29- Turkish Foreign Minister Ahmet Davutoglu joined senior Arab and Western envoys on Wednesday in a last-ditch effort to solve a crisis in Syria's opposition which threatens to derail a planned peace conference.
LONDON/ RABAT, May 29- Morocco's possible demotion to frontier market status next month may deter international investors and put the country's stock market, already suffering from tumbling share prices and trading volumes, further at risk.
*Syria opposition says National Coalition in exile lacks legitimacy. ISTANBUL, May 29- Opposition groups on the ground in Syria slammed their counterparts in exile for undermining the rebellion and lacking legitimacy, laying bare chronic divisions among the foes of President Bashar al-Assad ahead of a planned peace conference.
*Egypt asks main industries to do maintenance in summer. LONDON, May 28- Egypt will cut exports of natural gas and tell major industries to slow output this summer to avoid an energy crisis and stave off political unrest, the chairman of the Egyptian General Petroleum Company told Reuters.
Oil traders should not lose too much sleep worrying about what OPEC, often unpredictable and quarrelsome in the past, will do when it meets next week.
--Clyde Russell is a Reuters market analyst. BRISBANE, May 28- It seems that virtually everybody involved in Australia's liquefied natural gas boom is convinced that it's coming to a sticky end and the country risks losing out on a second phase of investment worth more than $100 billion.