ABU DHABI/ WAM Abu Dhabi Securities Exchange (ADX) welcomed the listing of the Chimera S&P Japan UCITS ETF. This marks the first ETF tracking Japanese equities to be launched on ADX. Managed by Abu Dhabi-based investment management firm Lunate Capital LTD, the ETF replicates the performance of the S&P Japan BMI Liquid 35/20 Capped Index. The ETF tracks the 30 …

TOKYO / WAM US Treasury yields pushed to a near four-week peak on Wednesday, lifting their Asia-Pacific counterparts and the dollar while pressuring equities, as data sowed new doubts about the timing and extent of Federal Reserve rate cuts, Reuters reported. Crude oil rose for a fourth day to reach a four-week high. Benchmark US 10-year yields ticked up as …

ABU DHABI / AD MEDIA OFFICE Abu Dhabi’s Al Dhafra Region Municipality has achieved a place in the Guinness World Records with the tallest landmark sign for the Liwa board. The landmark is officially recognised as the world’s largest sign with a height of 221 metres and a weight of 49 tonnes. Situated 197 metres above sea level on a …