Bloomberg While China stock bulls had another miserable year, their fortunes may finally improve in 2023 if the nation’s abrupt reopening from the Covid-19 restrictions eventually leads to a robust economic recovery. The Hang Seng China Enterprises Index, which tracks Chinese firms listed in Hong Kong, just suffered a third straight year of declines, a record losing streak since ...

  Bloomberg The worst year for equity bulls since 2008 will also be remembered as one when the predominant investment strategies veered from one another by the most in two decades. Divergent fortunes befell the most famous US stock benchmarks, with the S&P 500’s annual loss of almost 20% more than twice that of the Dow Jones Industrial Average. A ...

  Abu Dhabi / WAM The UAE strongly condemned the terrorist attack that targeted an Egyptian security checkpoint in Ismailia, which resulted in deaths and injuries. The Ministry of Foreign Affairs and International Cooperation (MoFAIC) expressed the UAE’s full support for all measures undertaken by the Egyptian government to protect its sovereignty and security, and combat terrorism. In a statement, ...