©2016 Bloomberg News O13WTI6JIJUO (Bloomberg) — As Iran emerges from a decade of international sanctions, its Gulf Arab rivals are facing their toughest economic predicament since the global financial crisis. Governments across the six-nation Gulf Cooperation Council are taking unprecedented measures to counter the slump in oil prices, curtailing some
©2016 Bloomberg News O0M3BI6JTSEA (Bloomberg) — Asian stocksled a rally in riskier assets, climbing with U.S. index futures, oil and high-yielding currencies as China refrained from further cuts to the yuan’s reference rate and scrapped a system of market circuit breakers, providing some reassurance to investors. Shares in Hong Kong