SHARJAH / WAM HH Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Deputy Chairman of Sharjah Executive Council (SEC), chaired, on Tuesday, the SEC’s meeting. The council discussed a draft law restructuring the Sharjah Districts and Villages Affairs Department and reviewed the response of the Department of Statistics and Community  Development to the recommendations of …

BLOOMBERG Chinese stocks in Hong Kong tumbled as disappointing trade data added to investor concerns about the strength of the economic recovery and as worries about the real estate sector intensified. The Hang Seng China Enterprises Index slid 2.2% to close at its lowest in almost two weeks. A Bloomberg Intelligence gauge of property developers plunged more than 4% intraday, …

BLOOMBERG Bond yields tumbled around the world and equities slumped as a raft of news on China, Italy and US banks fanned worries about the financial system and global economy. Across markets, there was a broad move into safety. The yield on the 10-year Treasury dropped 10 basis points and the equivalent rates in Germany fell 13 basis points. A …