BLOOMBERG Confidence is in short supply among Chinese investors these days, confounding analysts who say reasons to own the market are finally coming true. The MSCI China Index’s valuations are shrinking and 12-month rolling returns are negative, a sign investors are pricing in an earnings contraction. Recession-proof trades are gaining traction, with a defensive strategy of buying dividend payers suddenly ...

BLOOMBERG Stocks in Europe rose after reversing losses, while US equity futures jump as traders saw positive signs in corporate earnings reports. The Stoxx 600 Index turned higher, paced by gains in drugmakers and banks following upbeat results from Sanofi, AstraZeneca Plc and Barclays Plc. Deutsche Bank AG dropped after the trading revenue disappointed. Contracts for the S&P 500 advanced ...

DUBAI / GULF TIME Dubai witnessed the spectacular launch of Fashionz by Danube and FashionTV, the city’s first branded residences project. Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, unveiled the project brochure, alongside dignitaries, media, and influencers from all over the world. The event was a resounding success, showcasing the project’s luxurious amenities, aspirational design, and ...