Bloomberg US-listed China stocks surged to the highest since early April on increased speculation that a year-long government crackdown on the technology industry is easing. While the S&P 500 Index struggled to mount much of an advance, the Nasdaq Golden Dragon Index closed 5.4% higher after surging as much as 8.3%, as Chinese regulators were said to be close to ...

  Bloomberg Crypto-flavoured exchange-traded funds are cluttering the industry’s worst-performing list so far this year. The six worst-performing, non-leveraged ETFs in the $6.6 trillion arena in 2022 are all crypto-linked equity funds, according to data compiled by Bloomberg. The $63 million Global X Blockchain ETF (ticker BKCH) is the biggest loser with a year-to-date drop of 64%. While crypto-linked ETFs ...

  Dubai / WAM DP World and CDPQ, a global investment group, announced on Monday an investment of $5 billion (CA$6.3 billion) in three of DP World’s flagship UAE assets. CDPQ will invest $2.5 billion in the Jebel Ali Port, the Jebel Ali Free Zone and the National Industries Park through a new joint venture in which it will hold ...