ADEN / WAM Yemen’s National Resistance Forces, backed by the UAE Armed Forces, have liberated Hima Port, situated north of Al Khawkha. This latest advance saw the collapse of Houthi militia capabilities. The Hima Port liberation is part of a large-scale military operation to dismantle Houthi militias, and liberate Yemeni cities.

Bloomberg The fate of the flattening US yield curve now rests squarely in the words of Federal Reserve officials. Bond traders have already reached their verdict. The yield spread between 5- and 30-year Treasuries narrowed last week to as little as 26.2 basis points, the lowest since August 2007. The prospect of an inverted curve, which has presaged past recessions, ...

Bloomberg Brace for a volatile day when Malaysia’s stock market reopens Monday after a three-day break that saw the opposition party win office for the first time in six decades. Malaysia’s FTSE Bursa Malaysia KLCI Index was shut for three days as Mahathir Mohamad led an alliance to unexpectedly beat the ruling Barisan Nasional coalition. In his first remarks as ...