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HKEX suffers profit decline as China crackdown roils market

Bloomberg Hong Kong’s stock exchange (HKEX) reported its second consecutive quarterly profit decline against a backdrop of a widening crackdown by China on a broad range of sectors that roiled markets and triggered delays of major initial public offerings. Dragged down by falling investments, net income at Hong Kong Exchanges & Clearing Ltd fell to HK$3.25 billion ($418 million) in ...

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Canadian stocks add $191 billion of value in longest rally ever

Bloomberg The Canadian stock market posted its longest streak of gains ever as a rally in commodities pushed the benchmark higher for a 14th straight session. The S&P/TSX Composite Index rose 0.3% to an all-time high. It has added about C$237 billion ($191 billion) in market value during its recent winning streak, according to data compiled by Bloomberg. US oil ...

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UAE minister, UN deputy chief discuss promoting UAE-UN Partnership

DUBAI / WAM Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs, held a meeting with Amina Mohammed, Deputy Secretary-General of the United Nations (UN) and Chair of the United Nations Sustainable Development Group, where they discussed promoting the partnership between the UAE government and the UN in various fields and reviewed issues of common interest. Al Gergawi highlighted that, ...

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