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Ruler of Ras Al Khaimah visits Palace Museum in Beijing

BEIJING / WAM HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, visited The Palace Museum in Beijing, a UNESCO World Heritage Site, on the sidelines of his visit to the People’s Republic of China as head of the UAE delegation to the Third Belt and Road Forum for International Cooperation. Accompanied by ...

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BofA poll shows bearish investors flock to cash, sour on economy

BLOOMBERG Investors are turning bearish once more, flocking to cash as economic growth expectations falter, according to Bank of America Corp’s (BofA) global fund manager survey. The broadest measure of sentiment — based on cash positions, equity allocation and economic predictions — fell in the October poll after showing an improvement in the summer months, strategists led by Michael Hartnett ...

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Stocks and bonds drift before US President’s Israel visit

BLOOMBERG Stocks struggled for direction and bonds trimmed a decline as investors kept a close eye on diplomatic efforts to contain the Israel war, including a visit to the region by US President Joe Biden planned for on Wednesday. Europe’s Stoxx 600 Index and futures contracts for US equities kept to narrow ranges as traders prepared for a flurry of ...

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