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China approaches grim milestones as selloff spirals

BLOOMBERG A selloff in Chinese assets deepened on Wednesday, with a key equity gauge set to erase all gains seen since last month’s Politburo meeting and the yuan falling towards a 16-year low.  The MSCI China Index dropped as much as 1.3% amid mounting concerns over economic growth, set to close below where it was before policy vows at the ...

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European stocks waver with US central bank’s minutes in focus

BLOOMBERG European stocks fluctuated after their slump as investors awaited further clues on the path of interest rates from the US Federal Reserve. The pound strengthened as UK inflation topped expectations. Europe’s Stoxx 600 benchmark rose 0.2% after declining as much as 0.4% earlier. US futures pointed to gains at the open. Government bonds in the US and Europe traded ...

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Mohamed bin Zayed: Under UAE Presidency, COP28 will lead global efforts to protect the planet

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received at Qasr Al Bahr Majlis the team overseeing the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28). During the meeting, His Highness Sheikh Mohamed bin Zayed affirmed that sustainability remains at the heart of the UAE’s support for global ...

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