Bloomberg After years of eschewing the world’s safest assets, the managers of Australia’s $2.4 trillion of retirements savings are buying sovereign bonds. The trigger: fear that the global economy is sliding into recession. It’s a watershed moment for the country’s pension chiefs, whose love affair with riskier assets saw them binge on stocks while skirting this year’s historic bond ...

  Bloomberg US equity-index futures pared losses in a volatile session after the Federal Reserve signalled a delicate balancing act that would see inflation-busting rate hikes continue despite a weakening economy. September contracts on the S&P 500 and Nasdaq 100 slid about 0.1% after the underlying benchmarks posted losses. The two-year Treasury yield, the most sensitive to monetary tightening, fluctuated ...

  Abu Dhabi / WAM The UAE has exceeded international rates in 11 indexes on the best expatriate destinations based on various factors, which include language, bureaucracy, professional prospects, leisure options, travel, transport, job satisfaction, safety, healthcare, digital life, housing, wages and job safety, InterNations said. The German research firm in its report titled “Expat Insider 2022” said that the ...