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China jitters mount as easing calls echo across trading floors

Bloomberg Investors have a clear message to China’s policy makers: more stimulus is needed, and quickly, to reignite a stalled recovery in markets. The People’s Bank of China (PBOC) decision to give lenders a modest cash boost was met with declines in equities on Monday. And with data showing consumer spending took a dive in March, weighing on sentiment, traders ...

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US futures, bonds drop as economic outlook fades

  Bloomberg US equity futures fall on Monday, while Treasury yields rise, as a jump in energy costs highlighted inflation concerns and cracks in China’s Covid-19-afflicted economy dimmed the growth outlook. US index futures followed a decline in Asia-Pacific stocks, which were sapped by Japan and China. Markets in Australia, Hong Kong and much of Europe remain shut for Easter. ...

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Dewa launches annual Ramadan drive to promote sustainability

  Dubai / WAM Dubai Electricity and Water Authority (Dewa) has launched its annual Ramadan awareness campaign to raise awareness about conservation and having a sustainable and responsible lifestyle. This supports Islamic values that encourage moderation and reducing waste. During the campaign, Dewa has organised a series of virtual and physical awareness lectures to encourage the community to contribute to ...

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