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US futures hold steady as traders mull recovery

Bloomberg Stocks were mixed on Wednesday as traders weighed company earnings and risks from inflationary pressures. Treasury yields and the dollar were weaker. Chinese technology stocks listed in the US rallied in premarket trading, along with Hong Kong peers such as Alibaba Group Holding Ltd. on hopes the worst of Beijing’s regulatory crackdown is over. Tesla Inc. will be in ...

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Hong Kong stocks rise fastest in world as crackdown ebbs

Bloomberg Investors in Hong Kong’s stock market are rapidly losing their fear of President Xi Jinping’s regulatory crackdowns. The Hang Seng China Enterprises Index has rallied 10% since closing at a five-year low on October 6, the best performance among major global benchmarks tracked by Bloomberg. Alibaba Group Holding Ltd. has provided the second-biggest support to the gauge with a ...

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UAE, Iraq sign pact to promote, protect mutual investments

ABU DHABI / WAM The UAE, represented by the Ministry of Finance (MoF), has signed an agreement to promote and protect mutual investments with Iraq, as part of its endeavours to strengthen and activate means of economic and investment cooperation with various countries of the world. The agreement, which was signed this morning at the ministry’s headquarters in Abu Dhabi, ...

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