Bloomberg There’s been a significant change of heart from JPMorgan equity strategists: US stocks are no longer preferred to Euro-area equities. “There is a tactical opportunity opening up for Euro zone to catch up,” strategists led by Mislav Matejka wrote in a note. The 20 percent underperformance of the region’s stocks in dollar terms over the past 18 months, combined …

Bloomberg China said it would continue to open up its financial markets and encourage foreign investment amid reports the Trump administration is considering restrictions on fund flows to China. “We will take further steps to promote high quality two-way financial opening, encourage foreign financial institutions and funds to invest in domestic financial market, to boost competitiveness and dynamism of the …

MUKALLA / WAM The UAE, through its humanitarian arm, the Emirates Red Crescent (ERC), provided 80 tonnes of food and relief assistance to needy Yemeni families in eastern Mukalla, Hadramaut Governorate, as part of the UAE’s efforts to ease their suffering and improve their living conditions. ERC teams distributed 1,000 food baskets that benefitted 5,000 members of local families. The beneficiaries …