DUBAI / GULF TIME Making sure youngsters have the right nutrition, exercise, rest, and play is key to keeping any seasonal illness at bay, and it is not always an easy task. Everyday family life is busy, and parents have enough to think about without the worry of little ones becoming ill, or feeling a lack of energy, especially around ...

BLOOMBERG Stocks started the week on a positive note, tracking gains on Wall Street following cautious comments from central bankers at Jackson Hole. China’s support measures for its equities market helped lift sentiment. The rate-sensitive technology sector led the advance in Europe after Federal Reserve Chair Jerome Powell and European Central Bank President Christine Lagarde at Jackson Hole  failed to ...

BLOOMBERG Chinese stocks jumped after authorities announced a slew of measures to woo back investors including a reduction of the stamp duty on stock trades and a slower pace of initial public offerings. The CSI 300 Index of mainland shares rallied as much as 5.5% on Monday, the most in three years, with some brokerage stocks gaining up to the ...

BLOOMBERG Toronto-Dominion (TD) Bank is feeling the impact of costlier deposits, which squeezed margins and contributed to the lowest profitability for its US business in more than a year. Canada’s second-largest bank saw US retail-banking earnings drop to C$1.38 billion ($1.02 billion) on an adjusted basis in the fiscal third quarter, a 6% decline from a year earlier. The bank’s ...

BLOOMBERG Indian central bank’s policy to keep the rupee stable at weaker levels may make the currency vulnerable to “speculative attacks” in case of large risk events, according to Australia & New Zealand Banking Group (ANZ) . Policymakers are focused on bolstering manufacturing and exports, but it’s not without costs, economists Dhiraj Nim and Sanjay Mathur wrote in a note. ...

BLOOMBERG HSBC Holdings Plc has hired Alex Hong from Evercore Inc to lead the bank’s dealmaking efforts in Singapore. Hong, who has been at Evercore for almost a decade, is set to join HSBC in September, a spokesperson for the UK lender confirmed in response to a Bloomberg News query. He will report to Sandeep Pahwa, head of investment banking ...

BLOOMBERG The recent selloff in crypto markets is likely near an end, with long-position liquidations “largely behind us,” according to a research report by JPMorgan Chase & Co. The fading of some positive legal and regulatory news induced a wave of selling in recent weeks that is “still reverberating,” though the unwinding appears to be at its end phase, based ...

DUBAI / WAM Dubai Future Foundation (DFF) announced 33 government entities in Dubai have proposed 79 project ideas in the third cycle of the Dubai 10X initiative. Launched by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of Dubai Executive Council, and Chairman of the Board of Trustees at Dubai Future Foundation, Dubai 10X, ...

AMDJARASS / WAM The Emirati humanitarian team present in Chad continued distributing food parcels to Sudanese refugees and the local community in the villages of Amdjarass in coordination with the UAE Aid Coordination Office. The UAE humanitarian team comprises the Emirates Red Crescent (ERC), the Zayed Bin Sultan Al Nahyan Charitable and Humanitarian Foundation, the Khalifa Bin Zayed Al Nahyan ...

DUBAI / WAM Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, stated that the National Strategy for Empowerment of Emirati Women launched by HH Sheikha Fatima bint Mubarak (Mother of the Nation), Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation (FDF) ...