RAS AL KHAIMAH / WAM HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, has received at his palace at the Saqr bin Mohammed City, Ibrahim Said Al Busaidi, Governer of the Musandam Governate in Oman, and his accompanying delegation. During the meeting, Sheikh Saud and Al Busaidi discussed the deep-rooted ties between …

BLOOMBERG A top-performing Chinese macro hedge fund blamed global capital for sinking the country’s stocks to the lowest levels since November. Foreign funds are primary drivers of Chinese stocks’ recent selloff, said Li Bei, founder of Shanghai Banxia Investment Management Center. Overseas investors stirred up market volatility and, “taken together, they are a bunch of aimless flies,” she said in …

BLOOMBERG Nasdaq futures signalled further gains in US tech shares after August 21’s rally, while the sector also outperformed in Europe and Asia. Contracts on US stock gauges climbed, with those on the Nasdaq 100 Index rising 0.4%. Nvidia Corp gained 1.4% in premarket trading, after an 8% jump onAugust 21 that buoyed tech stocks amid optimism about its earnings …