Newsmakers
NYC Comptroller Wants 3 Major Indexes to Ban Saudi Stocks
Scott Stringer says city’s five pension funds want to shun the kingdom following Khashoggi murder.
Scott Stringer says city’s five pension funds want to shun the kingdom following Khashoggi murder.
Country placed on watch list based on the progress of its recent stock market reforms.
Oil-rich nation seeks to diversify its economy and boost its private sector.
Goal is to make Saudi Arabia less dependent on oil income and attract more foreign investors to the country’s capital markets.