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China stocks’ biggest weekly rise rekindles investor hopes

Bloomberg China stocks’ biggest weekly surge since February is rekindling investor hopes for a strong rally ahead. But don’t expect the sentiment-driven frenzy of last year, analysts say. The benchmark CSI 300 Index gained 3.6% last week, with turnover nearing the 1 trillion yuan ($157 billion) mark – the most since late February. Foreigners snapped up a record amount of ...

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Malaysian assets fall after government imposes full lockdown to curb Covid-19

Bloomberg Malaysian stocks dropped and the ringgit weakened after the government imposed a two-week nationwide lockdown to curb a relentless surge in Covid-19 infections. The FTSE Bursa Malaysia KLCI Index falls as much as 1.6% on Monday, before paring losses to 0.7% at the close in Kuala Lumpur. The ringgit slid as much as 0.4% to 4.1480 per dollar, while ...

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Additional 19 million meals allocated for Gaza: MBRGI

DUBAI / WAM As part of the ‘100 Million Meals’ campaign, Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) announced the allocation of an additional 19 million meals to the Gaza Strip. In collaboration with the United Nations World Food Programme, low-income families and individuals will receive food vouchers, equivalent to 19 million meals, to empower them to purchase a ...

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