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Asia shows composure as US equities gyrate

Bloomberg Asian investors appear confident the current gyrations in US tech stocks will not spark the same level of swings in the Asia Pacific region, according to at least one key indicator. While a gauge of 10-day volatility in the S&P 500 Index spiked to a two-month high last week amid the accelerating selloff in tech, a similar measure for ...

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UAE cabinet gives approval to National Policy on Vaccinations

DUBAI / WAM The UAE cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved the National Policy on Vaccinations, which is a multi-sectoral national framework for combating communicable diseases and reducing their risks to individuals and society. The policy will act as a coordination ...

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Emirates returns AED5b to customers in refunds

DUBAI / WAM Emirates Airlines announced that is has returned over AED5 billion in Covid-19 related travel refunds to date, making strong and steady progress on its commitment to customers to complete pending refunds. More than 1.4 million refunds requests have been completed since March, representing 90 percent of the airline’s backlog, the airline said in a statement on Monday. ...

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