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European stocks climb as easing China curbs boost risk sentiment

  Bloomberg European equities rose to the highest level in more than three weeks, trimming their monthly drop, after China relaxed some of the strictest virus controls of the pandemic, fuelling risk-on sentiment for economic recovery. The Stoxx 600 advanced 0.7% at 9:44 am in London, rising for a fourth day in the longest winning streak since March. Consumer and ...

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Amundi turns bullish on China stocks, still cautious on tech

  Bloomberg Investors should be ready for China’s stocks to outperform as potential positive catalysts loom, according to Europe’s largest asset manager Amundi. The firm is turning more bullish on the country’s equities market after trimming exposure during first quarter’s harsh selloff, according to Vincent Mortier, Amundi’s chief investment officer. Key developments to watch include the potential rollout of a ...

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UAE represents successful model of moderate Islam: British writer

  Sharjah / WAM The 31st edition of the Abu Dhabi International Book Fair (ADIBF) continued to offer thought-provoking discussion and valuable insights for attendees, with one of its latest sessions themed ‘Islam and the West: Past, Present and Future’. Ed Husain, a prominent British writer and a professor at Georgetown University in Washington DC, affirmed that Emirati diplomacy was ...

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