Abu Dhabi / WAM Aldar Properties, Aldar, has appointed Trojan General Contracting LLC as the main contractor for Water’s Edge, its latest waterfront development on Yas Island. The AED1.3 billion contract follows the award of the early works package to Dutch Foundation, who commenced work on site in February this year. Located on Yas Island’s Eastern shores, Water’s Edge comprises …

Bloomberg The US jobs report was already playing second fiddle to inflation data in the minds of bond traders. But after the recent turbulence in technology stocks, it feels like an afterthought. Benchmark 10-year Treasuries are coming off their biggest rally of 2018, with yields at seven-week lows. This time, it wasn’t geopolitical risk fueling the gains, or even weak …

Bloomberg China’s markets have been turned upside down this year as the prevailing narrative shifted from deleveraging to trade wars, creating headaches for investors positioning ahead of MSCI Inc. inclusion in June. Large cap stocks, which led gains in 2017, are among the biggest decliners, while beaten down small caps are staging their best rally in more than two years. …