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 ...

Bloomberg Global wealth rises 10.6% last year to reach a record high of $530 trillion in 2021 and is set to continue rising in all regions despite inflationary pressures and Russia’s invasion of Ukraine. Strong equity markets and a surge in demand for real assets such as property and art drove the increase, according to a report by Boston Consulting ...