BLOOMBERG Stocks fell with US Treasuries as the second-quarter (Q2) rally met resistance from economic headwinds and signs that positioning is overbought.The chemical industry led declines in Europe after Lanxess AG slumped as much as 15% on a profit warning, dragging shares of peers including BASF SE lower. Drug maker Sanofi gained the most since March after a favourable arbitration …

BLOOMBERG The jitters affecting the world’s second-biggest economy are starting to feed through into China’s gold market. A surge in purchases by Chinese residents, driven by pent-up demand after three years of pandemic restrictions and optimism that the economy would quickly rebound, is starting to slow — yet another sign that the recovery is losing momentum. China vies with India …

ABU DHABI / WAM H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Emirates Red Crescent (ERC), reaffirmed the UAE’s dedication to standing by refugees around the world. Sheikh Hamdan made the remarks on the occasion of the annual World Refugee Day, observed worldwide on 20th June, “Under the directives of President His …