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Beijing’s blocking of Didi app sends peers tumbling in HK

Bloomberg Shares of Chinese technology companies slid in Hong Kong as investors stepped back to gauge the impact from Beijing’s move to block ride-hailing giant Didi Chuxing from app stores due to data security issues. Tencent Holdings Ltd, which has a stake in Didi, slumped 3.6% in Hong Kong to erase its year-to-date gain. Meituan, ordered by China’s antitrust watchdog ...

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Global investors don’t see an end to record breaking equity rally

Bloomberg As stocks around the world continue to smash one record after another, some of the world’s biggest money managers have a simple message: Get used to it. The likes of BlackRock Inc, State Street Global Markets, UBS Asset Management and JPMorgan Asset Management expect equity markets to keep rising in the second half of the year, with many investors ...

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WHO hails Sheikh Mohamed’s support in fight against polio

ABU DHABI / WAM The World Health Organisation’s EMRO Regional Subcommittee on Polio Eradication and Outbreaks commended the unwavering support of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, in working to eradicate polio and the funding he provides for this work. The committee also praised ...

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