BLOOMBERG Stocks and US index futures dropped as hawkish messages from the New Zealand and Australian central banks signalled a prolonged fight against inflation and revived concerns about an economic slowdown. Contracts on the S&P 500 Index slipped 0.2% and Europe’s Stoxx 600 declined for a third day. Gold traded near a 13-month high, while Treasury yields rose. Nvidia Corp ...

BLOOMBERG Jarred by daily double-digit moves in Treasury yields, bond investors are bracing for at least another year of rocky trading, abandoning hopes that in 2023 the market would return to normality. That’s forcing them to ditch their old playbooks designed during calmer and more predictable times and look for flexible and nimble investments to ride the most-turbulent market since ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a phone call from Benjamin Netanyahu, Prime Minister of Israel, during which they discussed bilateral relations and ways to enhance them in a manner that serves common interests. His Highness affirmed the UAE’s ongoing commitment to bilateral relations with Israel, describing its cooperation as a ...