Bloomberg Chinese investors have dumped Hong Kong stocks at a record clip this month, as the city’s equity benchmark tumbled to its lowest in a year. Mainland investors sold net HK$25.4 billion ($3.2 billion) of Hong Kong equities in August through Tuesday, according to Bloomberg calculations based on daily turnover data. That’s the biggest monthly selling figure since China opened ...

DUBAI / WAM The Dubai Financial Services Authority (DFSA) and the Monetary Authority of Singapore (MAS) on Wednesday entered into an agreement that provides a framework for cooperation and referrals between the innovation teams of each authority. The agreement reflects the commitment of both authorities to develop an environment that supports the sustainable development of financial services through emerging technology. ...

Dubai / Emirates Business Azizi Developments, one of the leading private developers in the UAE, is launching its third premium residential project in Du-bai Healthcare City (DHCC) Fa- wad Azizi Residence. The AED 342mn project is spread over a total construction area of 565, 503 sqft and will have a total of 396 upscale apartments compr-ising 201 studio apartments, 165 ...