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 …

ABU DHABI / WAM Eshraq Investments announced the launch of its refreshed corporate strategy. Over five years, with acquisitions expected to be executed as early as 2024, Eshraq will build direct private equity capabilities and exposure, while transitioning legacy portfolio assets. Under the refreshed strategy, Eshraq intends to control its destiny by focusing on directly held private equity investments, complemented …