Bloomberg India’s record-breaking equity rally will continue next year, with banks and other stocks taking over as drivers from the nation’s largest company Reliance Industries, some fund managers say. Reliance has accounted for nearly a fifth of the 75% surge in the S&P BSE Sensex from its March bottom, according to data compiled by Bloomberg. That’s about double the contribution ...

Bloomberg South Africa’s main stock benchmark index halted a five-day rally, dropping 0.1% by 9:45 am in Johannesburg and slipping from the highest close since April 2019, as a downturn in miners and weakness among banks pulls the market lower. The gauge joined peers in Asia in declining on Tuesday, as swelling coronavirus infections across the US weighed on risk ...

ABU DHABI / WAM Abraham Accords proves that decades-long disputes can be solved through negotiations, which could be possible in the Korean peace process as well, South Korea’s top diplomat told Emirates News Agency. “I think looking at the breakthrough here with Abraham Accords, you realise how with bold decision making, you can really make big changes. We have also ...