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Investors on edge in Asia’s worst-performing market after election

BLOOMBERG  A week after Thailand’s pro-democracy parties garnered an historic win in national elections, investors are getting nervous over the formation of a coalition government. The uncertainty has triggered an outflow of funds since the May 14 poll, worsening the rout in Asia’s worst-performing stock market this year and sending the baht lower against the dollar. While the coalition is ...

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Sharjah chamber to dispatch trade mission to India on May 29

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has announced it will be sending a trade mission to India from May 29 to June 02. Led by the SCCI’s Sharjah Exports Development Centre, the initiative aims to bolster economic and trade cooperation, foster mutual investment, and establish promising partnerships between the emirate of Sharjah and India. Abdullah ...

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UAE’s Sharaf, Smag ink deal in shipping & logistics services

MILAN / WAM Investopia Europe, which was launched in the Italian trade capital Milan, witnessed the signing of a memorandum of understanding (MoU) between the UAE-based Sharaf Group and the Italian SMAG for cooperation in the field of logistics and shipping services. The MoU is the first partnership facilitated by Investopia Europe during the visit of a high-level UAE delegation ...

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