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Stocks edge lower on China data; gold hits above $2,000

BLOOMBERG Stocks fell and gold climbed to a six-month high as data showed a sharp slowdown in China’s industrial profits, which reinforced investor concerns about its sluggish economy. The Stoxx 600 index fell 0.3% and Nasdaq futures retreated 0.2%. Treasury 10-year yields climbed as much as five basis points to 4.51%, the highest in more than a week. Gold climbed ...

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South Korea is probing sales of exotic notes linked to Chinese stocks

BLOOMBERG A South Korean regulator is investigating whether financial institutions that sold derivatives products linked to Chinese stocks adequately explained the risk of losses to retail investors. The Financial Supervisory Service is probing sales of equity-linked securities tied to the Hang Seng China Enterprises Index, the regulator said in a text message. Some 8.41 trillion won ($6.5 billion) of such ...

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Abu Dhabi opens first safety centre in Sheikh Shakhbout Medical City

ABU DHABI / WAM Abu Dhabi Public Health Centre, a subsidiary of the Department of Health – Abu Dhabi dedicated to enhancing the public and preventive health system in the emirate, inaugurated the first-of-its-kind safety centre for injury prevention awareness in Sheikh Shakhbout Medical City (SSMC). The safety centre aims to educate all community members on the causes of injuries ...

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