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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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Dubai South achieves several sustainability milestones

DUBAI / WAM Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate, recorded several achievements by applying different sustainability practices across its operations at its headquarters and other buildings. In 2022, Dubai South successfully diverted 622 tonnes of solid waste from landfills, equivalent to 29 percent of the total waste generated that year. This effort ...

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