BLOOMBERG The buoyant mood sparked by China’s latest economic support measures didn’t last long on Tuesday as European stocks and US futures wavered after policy makers’ warnings of higher-for-longer interest rates. The Stoxx Europe 600 index pared an early gain after Governing Council member Francois Villeroy de Galhau said the European Central Bank is nearly finished hiking, but added that ...

BLOOMBERG China’s monetary and fiscal stimulus measures will only go so far to lift its stock market, with structural reforms necessary for a long-term boost, according to Allianz Global Investors. “It’s a confidence issue,” Raymond Chan, the firm’s equity chief investment officer for the Asia Pacific, said in an interview. Reforms to China’s heavyweight property sector and listed companies overall ...

SAUDI ARABIA / GULF TIME Al Baddad Saudi Holding breaks the Guinness World Recordsâ„¢ title for the Largest Marquee Complex (Cumulative Area) Albaddad Capital, through its arm in the Kingdom of Saudi Arabia, Albaddad Saudi Holding and Albaddad Manasik achieved a new and unique achievement by breaking the Guinness World Recordsâ„¢ title for the Largest Marquee Complex (Cumulative Area), as ...