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EAD completes measurements of City Biodiversity Index

ABU DHABI / WAM The Environment Agency – Abu Dhabi (EAD) has completed the measurement process for the City Biodiversity Index in Abu Dhabi City, as part of efforts to measure its success in preserving biodiversity. The index, also known as the Singapore Cities Biodiversity Index, aims to help cities achieve sustainable development, with biodiversity and people growing and thriving ...

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Stocks fall on weak China data

BLOOMBERG Markets fell broadly after Swedish landlord SBB halted dividends and economic data from China was weaker than expected. European stocks and US futures traded lower, along with oil. SBB shares lost 5.5%, adding to a 20% plunge on May 8, with investors increasingly worried about the effects of a funding squeeze across the real estate industry. Sentiment was also ...

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After $1.8 billion of outflows, Thailand is set for election boost

BLOOMBERG Thai investors are pinning their hopes on the general election to revive stocks in Asia’s worst-performing market this year, as parties across the spectrum promise tens of billions of dollars in economic stimulus. The benchmark SET Index has slumped 6.4% in 2023, defying expectations that it will repeat a rally seen in the run-up to prior elections. Instead, foreign ...

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