Bloomberg Tencent Holdings Ltd. added to Friday’s sharp decline to start the week, putting the stock’s two-day loss of market value at $66 billion following America’s move to ban residents from doing business with the company’s WeChat app. The stock falls 4.8% on Monday and nearly reached Friday’s low. The cumulative 9.6% drop, the worst two days since October 2011, ...

Bloomberg Equity mutual funds in India suffered their first monthly outflow in more than four years as retail investors cashed out to tide over the pandemic-related cash crunch even as stocks continued their ascent. Stock plans lost a net 24.8 billion rupees ($331 million) in July, compared with an inflow of 2.41 billion rupees in June, according to data from ...

ABU DHABI / WAM The new support initiatives launched by the Ministry of Economy, organised by a committee chaired by Abdullah bin Touq Al Marri, Minister of Economy, with the participation of relevant authorities, are key additions to the series of incentives adopted by the UAE to support its economic sectors, and were recently described by the foreign media as ...