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Stocks in Asia beating global peers by the most since 1993

Bloomberg November is turning out to be the best month for Asia stocks since early 1990s relative to their global peers. The MSCI Asia Pacific Index jumped 14% this month, set for its biggest jump since 1998, as benchmarks in markets from Hong Kong to the Philippines saw strong gains that cracked records held for at least a decade. The ...

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Lockstep moves in stocks, bonds smash 60-40 portfolios

  Bloomberg Stocks and bonds have been traveling almost in lockstep in recent months, heaping pressure on investors seeking to hedge risk by splitting their portfolios between the two asset classes. The 60-day correlation between the Bloomberg Global Aggregate Bond Index and the MSCI All Country World Index of stocks climbed to the highest level since 2012 this week, according ...

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Commemoration Day deepens values of loyalty to the nation: UAE President

  ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has said that November 30 is a day that strengthens people’s loyalty to the UAE while remembering the heroes who made the ultimate sacrifice for their country. In a statement to mark Commemoration Day, observed on November 30 each year, His Highness spoke of the UAE’s ...

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