A potential near-term peak in bond yields should help US stocks in the short-run, but risks remain for investors as global central banks raise interest rates at the fastest pace in decades, according to JPMorgan Chase & Co.’s Marko Kolanovic. “(Federal Reserve) Chair Powell stated that rates are likely to move higher than previously indicated by the September dots (4.75%) ...

Chinese stocks halted a recent rally as a jump in Covid-19 infections and official comments defending Covid Zero dented optimism for a potential reopening. The Hang Seng China Enterprises Index slipped 0.6% on Tuesday, following gains of about 14% over the past five days. A separate gauge on Chinese tech shares trading in Hong Kong falls 1.6%. China’s potential exit ...

Dubai / WAM Mubadala Health announced the opening of its new facility in Dubai, which will provide multidisciplinary medical, paediatric, and surgical specialties that include cardiology, dermatology, neurology, endocrinology, plastic surgery, and orthopedics. The state-of-the-art facility includes 96 consultation rooms, 4 operating rooms, 2 endoscopy suites, as well as an in-house laboratory, in-house pharmacy, radiology department, dedicated rehabilitation gyms and ...