Bloomberg Investors are putting billions of dollars into cash and stock funds as they seek protection from surging inflation. Cash saw the biggest inflows in six weeks at about $54 billion, while exchange-traded funds led additions of about $12 billion into equities in the week through June 8, according to Bank of America Corp (BofA) note, which cited EPFR Global ...

  Bloomberg Financial markets across China are buzzing with activity as easing Covid lockdowns boost trading. Yuan-trading volumes in the onshore market bounced off two-year lows while stock turnover topped the key $149 billion mark for two straight sessions this week. That’s after Shanghai officially reopened following a two-month lockdown and Beijing further loosened Covid-19 curbs, spurring bets of an ...

  Abu Dhabi / WAM The UAE on Thursday sent an aid aircraft carrying 50 metric tonnes of food supplies to Durban city in South Africa to support those affected by floods on the eastern coast, which resulted in significant losses to life and property. This aid comes within the UAE’s efforts to provide relief to other countries. Mahash Saeed ...