Bloomberg Nomura Holdings Inc strategists have joined their peers at Morgan Stanley in calling a bottom for battered Asian equities, including chipmakers. The Japanese broker said the asset class may bottom “in the next few weeks” after reviewing indicators on the last 12 US recessions and five chip cycles. Morgan Stanley strategists including Jonathan Garner made a similar call ...

  Abu Dhabi / WAM President HH Sheikh Mohamed bin Zayed Al Nahyan has ordered the provision of additional humanitarian relief aid worth $100 million to Ukrainian civilians affected by the Ukraine crisis. Reem bint Ebrahim Al Hashimy, Minister of State for International Cooperation, underscored that the additional aid stems from the belief of His Highness Sheikh Mohamed in the ...

  PITTSBURGH / WAM Mubadala Capital, the global asset management firm and a wholly owned subsidiary of Mubadala Investment Company, on Tuesday announced that it has acquired AOG, LLC d/b/a TruFood Manufacturing (TruFood), in partnership with management. TruFood, a leading snack food contract manufacturer in several categories, is being acquired from funds affiliated with AUA Private Equity Partners, LLC. Financial ...