Bloomberg Indonesian stocks inched closer to a technical correction on Tuesday as investors looked to cash out from one of Asia’s hottest markets for 2022 in search of cheaper valuations elsewhere. The Jakarta Composite Index closed 1% lower, trimming intraday declines that saw it slide more than 10% from a record notched on September 13. Financial and health-care stocks …

  Dubai / WAM Emirates Global Aluminium (EGA) on Monday announced that the company recruited more than 220 UAE nationals in 2022, including 100 women. The average age of EGA’s new UAE national recruits was 23 years old. While EGA recruits mid-career experts, the company focuses on attracting and developing young people who are starting their careers as talent for …

  Bloomberg Oil rallied at the start of the week on hopes of renewed Chinese crude buying and as the dollar extended its decline. West Texas Intermediate futures surged as much as 3.8% to move above $76 a barrel on Monday. China issued a fresh batch of crude oil import quotas in a sign that the world’s largest purchaser may …