BLOOMBERG Indonesia’s equity benchmark closed at a record high on Tuesday on optimism that the nation’s central bank is done with rate hikes and incumbent President Joko Widodo’s policies would be preserved by his successor in an upcoming election. The Jakarta Composite Index advanced 0.7% to surpass its previous all-time high of 7,318.016 hit in September 2022. Top gainers included ...

BLOOMBERG Chinese shares dragged down Asian equities on the first trading day of the year following weaker-than-expected factory data and a speech from President Xi Jinping that flagged the headwinds facing the economy. Crude oil rose. Hong Kong’s benchmark share gauge slid as much as 1.7%, while its peers in the mainland and Taiwan also dropped. The losses drove a ...

ABU DHABI/ WAM The UAE is gearing up for a busy 2024 with a packed calendar of international conferences and events. Throughout January, the emirate will play host to a diverse array of gatherings, solidifying its reputation as a premier destination for business tourism and conferences. This surge in activity underscores the UAE’s competitiveness and global appeal in the world ...