Bloomberg Chinese stocks extended this week’s rout as traders fretted over the economic fallout from the nation’s Covid-Zero strategy, with lower-than-expected policy stimulus adding to their disappointment. The CSI 300 Index slumped 1.8% on Thursday — capping a fifth day of losses — as President Xi Jinping defended China’s lockdown-dependent approach to fighting the Covid-19 pandemic in a speech …

  Bloomberg US stock-index futures rise amid growing optimism for another strong earnings-reporting season, while a selloff in Treasuries resumed with a debate raging around whether inflation is peaking. June contracts on the Nasdaq 100 and S&P 500 indexes climbed at least 0.6% each after Tesla Inc posted record profits that blew past estimates. Treasury yields advanced, with the 10-year …

  Abu Dhabi / WAM The Muslim Council of Elders, under the Chairmanship of the Grand Imam of Al-Azhar His Eminence Dr. Ahmed Al-Tayeb, strongly condemned the burning of the Holy Qur’an by far-right extremists in the Swedish city of Malm?, in what can only be described as a deliberate attempt to offend Muslims around the world. In a statement, …