Bloomberg Treasuries rallied and equities declined as growing signs of a global economic slowdown raised investor concern that the start-of-the-year rally in risk assets may have gone too far. Contracts on the S&P 500 Index dropped 0.4% after the benchmark slumped the most in a month on Wednesday amid weaker-than-expected economic data. Nasdaq 100 futures also lost 0.4%. Europe’s ...

  Bloomberg Tesla Inc dropped out of the top 10 holdings of a South Korean electric-vehicle (EV) mutual fund for the first time ever amid its epic selloff last year. The Korea Investment Management Co. fund has steadily reduced its Tesla exposure to less than 2% of its net asset value in order to reduce volatility. The US EV giant previously ...

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan, received a phone call from Kamala Harris, Vice President of the United States, on the occasion of the first anniversary of the Houthi terrorist attacks on some civilian sites and facilities in the UAE during the past year. During the call, Vice President Harris affirmed her ...