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China tech stocks are winning back investors after awful year

Bloomberg After a rout that rivalled the burst of the US dot-com bubble, things are looking better for Chinese tech stocks in 2023 as regulatory headwinds ease and earnings prospects improve. The sector, once dubbed “uninvestable”, has regained favour among Wall Street analysts and investors as China’s reopening spurs hopes for an economic recovery and a long-standing auditing spat with ...

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UK suffers record equity outflows in year of turmoil

Bloomberg UK stocks suffered record annual outflows in 2022, marking the seventh year in a row that investors have fled the country’s markets. UK equity funds have had $26.3 billion of redemptions so far this year, according to data from EPFR Global. That coincides with a slump of 20% for the domestic-skewed benchmark FTSE 250 Index, the most since 2008. ...

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Emirati, Kazakh ties a successful model of bilateral cooperation

  Abu Dhabi / WAM Madiyar Menilbekov, Ambassador of Kazakhstan to the UAE, stressed that the ambitious objectives, similar aspirations and mutual respect of the UAE and Kazakhstan have strengthened their bilateral relations. At a press conference held at the embassy’s headquarters in Abu Dhabi for the launch of a book on the 30th anniversary of the establishment of diplomatic ...

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