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Asia stocks sink to lowest since May 2020 on strong dollar pain

Bloomberg A fresh sell-off hit Asian equities on Wednesday as concerns over a stronger dollar and rising global interest rates added to pressure on capital flows. The MSCI Asia Pacific Index dropped as much as 1.8% to its lowest since May 2020 as most sectors were in the red. Tech shares led declines, given the sector’s sensitivity to higher borrowing ...

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Stocks yet to make ‘decisive’ low, warn Goldman strategists

Bloomberg Global stocks are on pace for their worst run since the European debt crisis a decade ago and Goldman Sachs group Inc strategists are among those warning that more selling is possible. The MSCI All Country World Index is falling for a ninth day Wednesday, the longest losing stretch since 2011 — a period when the burden of public ...

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UAE strongly condemns stabbing attacks in Canada

  ABU DHABI / WAM The UAE strongly condemned the stabbing attacks that targeted a number of people in several areas in Saskatchewan, western Canada, which resulted in deaths and injuries. In a statement, the Ministry of Foreign Affairs and International Cooperation (MoFAIC) confirmed that the UAE expresses its strong condemnation of these criminal acts and its permanent rejection of ...

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