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Saudi brokers Ethiopia, Eritrea deal to boost regional security

Bloomberg Saudi Arabia brokered a new peace agreement between Ethiopia and Eritrea aimed at stabilising the Horn of Africa region, Foreign Minister Adel Al-Jubeir said. Ethiopian Prime Minister Abiy Ahmed and Eritrean President Isaias Afwerki signed the so-called Jeddah Peace Accord on Sunday in the presence of King Salman bin Abdulaziz and United Nations Secretary-General Antonio Guterres. It’s the second ...

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Tech shares pull down US indexes on trade fears

Bloomberg US stocks started the week lower, while Asian equities slumped and European shares gained, as investors grappled with the latest American threats to expand tariffs on Chinese goods. The dollar slipped and emerging-market currencies declined. The S&P 500 Index was pulled down on Monday by technology companies including Amazon.com Inc., Apple Inc. and Microsoft Corp. Semiconductor stocks also slumped, ...

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China stocks hit four-year low

Bloomberg China’s benchmark equity gauge fell to its lowest close since 2014, before the market’s boom and subsequent bust, while Hong Kong stocks also declined as the US trade dispute and a severe typhoon hurt sentiment. The Shanghai Composite Index fell 1.1 percent to 2,651.79 points, passing its 2016 post-crash low of 2,655.66. The gauge is one of the worst ...

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