Economics Gold inched lower on Tuesday but sentiment was underpinned ahead of a US Federal Reserve meeting where policy makers are expected to announce more stimulus measures, a move that would support gold's appeal as a hedge against inflation. More from Arabian Business Egyptian President Mohammed Morsi has suspended planned tax increases, hours after they were formally announced, in a policy swivel that might complicate Egypt's efforts to secure a $4.8 billion loan from the IMF. More from The Daily Star The Lebanese Cabinet again failed to pass the controversial salary scale on Monday as the private sector and labor groups remained deeply divided on whether to raise the salaries of civil servants and teachers substantially. More from The Daily Star Companies Dana Gas, the first UAE group to default on an Islamic bond, is offering bondholders $70 million in cash and an average eight per cent
