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Bonds drop, stocks slide as inflation fears mount

  Bloomberg Stocks and US equity futures dropped, while bonds fell Tuesday as euro-zone inflation accelerated to a fresh all-time high, intensifying the debate at the European Central Bank (ECB) about how rapidly to raise interest rates. S&P 500 and Nasdaq 100 contracts slipped at least 0.3%. Europe’s Stoxx 600 Index was set to snap four days of gains, retreating from ...

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Global investors ease back into China’s stock market on policy bets

  Bloomberg Global investors returned in earnest to China’s stock markets in May, erasing much of the year’s earlier outflows, as investors bet that policy support and the emergence of key cities from Covid-lockdowns will spark a revival. They added 16.9 billion yuan ($2.5 billion) of Shanghai and Shenzhen shares via trading links this month, narrowing year-to-date outflows to just ...

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UAE condemns storming of Al-Aqsa compound by extremist settlers

  Abu Dhabi / WAM The UAE on Monday strongly condemned the storming of Al Aqsa Mosque courtyard by extremist settlers under the protection of Israeli forces. In a statement, the Ministry of Foreign Affairs and International Cooperation (MoFAIC) reiterated its firm position on the need to provide full protection for Al Aqsa Mosque and halt serious and provocative violations ...

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