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Chinese stock rally falters as investors seek fresh impetus

Bloomberg Chinese stocks saw their worst week in more than a month as investors looked for further catalysts to sustain a world-beating rally since the nation’s reopening. The CSI 300 Index, a benchmark of mainland shares, fell 1% on Friday and also for the week, ending this year’s run of weekly gains. The Hang Seng China Enterprises Index, which tracks ...

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US futures decline as tech earnings curb enthusiasm

Bloomberg US equity futures dropped after disappointing earnings from Apple Inc., Amazon.com Inc. and Alphabet Inc. poured cold water on the rally fuelled by investor optimism that rates are getting close to peaking. Positive sentiment from this week’s surge in the Nasdaq 100 and S&P 500 evaporated as investors parsed late results from the tech trio that showed an economic ...

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Bloom Holding begins handover of Aldhay, six months ahead of schedule

  Abu Dhabi / Gulf Time Leading real estate development company, Bloom Holding, announced on Friday that it has begun the early handover of townhouses to owners at Bloom Garden’s fifth phase Aldhay. Aldhay was completed six months ahead of its scheduled handover date, which was set for the third quarter of 2023, adding 181 spacious two to five-bedroom townhouses ...

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