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Jardine’s Singapore stocks dropped $5bn

Bloomberg Jardine Matheson Holdings Ltd group stocks have turned from some of Singapore’s best performers to the worst this year amid a resurgence of coronavirus infections in Southeast Asia. Shares of the venerable trading firm, which gets more than half of its annual revenue from Southeast Asia, dropped 8.6% last month, ranking it among the worst performers on the Straits ...

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ADX waives its minimum commission fee on trading

ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX) has announced it waived its minimum commission fee on trades in all listed securities starting from August 31 to further encourage market participation among individual investors on one of the best performing markets in the world this year. The decision follows the announcement of a 50% reduction in trading commissions ...

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Sheikh Mohamed, US defence chief review consolidating ties

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and US Secretary of Defense Lloyd James Austin reviewed strengthening the defence cooperation ties between two friendly nations and exchanged views over a number of issues of interest. This came in a phone call ...

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