Bloomberg China’s wealthy families are twice as likely as global peers to have made their millions in real estate, according to a report co-authored by UBS Group AG, which found an increasing focus on wealth preservation and succession. Almost 30% of participants surveyed said their family wealth came from property, followed by consumer discretionary and industrials. The swelling ranks of ...

Bloomberg Iran fired more than a dozen missiles at US-Iraqi airbases in retaliation for an American airstrike that killed a top Iranian general, yet the potential for a dramatic escalation was mitigated by the fact that there were no US casualties. A US official said guided missiles were used in the attacks, and Iran appeared to be shooting to miss. ...

Bloomberg With the world on edge over rising tensions in the Middle East, one leader seems unfazed: Russia’s Vladimir Putin. The Russian president arrived in Damascus in just his second visit to Syria since the start of the country’s civil war nearly nine years ago. The timing is significant. The US and its allies are assessing the damage after Iran ...