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Stocks advance with US futures; Treasuries slip

Bloomberg Stocks rise with US equity futures on Wednesday as concerns over valuations eased and the focus turned back to the stimulus-fuelled recovery from the pandemic. Treasury yields edged higher. The Stoxx 600 Index climbed for a third straight session, with UK shares outperforming after UK Chancellor of the Exchequer Rishi Sunak extended furlough pay for workers ahead of presenting ...

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China traders await policy signals to boost faltering stocks

Bloomberg China’s defense and technology sectors may offer investor opportunities as the nation’s top political meeting starts this week, which could help inject fresh impetus into the country’s equities. Measures to help achieve President Xi Jinping’s pledge of a carbon neutral economy by 2060 could be released at the meeting which begins on Friday, according to brokerages including Guotai Junan ...

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Dubai to issue long-term cultural visa to 1000 people around world

DUBAI / WAM Dubai Culture and Arts Authority announced that it will soon grant cultural visas to 1,000 creators and artists from across the world. The first initiative of its kind in the world, the cultural visa launched in 2019 by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of ...

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