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Tech stocks fuel HK reprieve rally as China money returns

Bloomberg The return of Chinese investors and bargain hunters in tech stocks is giving Hong Kong’s equities market a reprieve from weeks of relentless selling. The Hang Seng Index advanced 0.9% on Wednesday, led by a rebound in technology giants including Tencent Holdings Ltd, after Chinese state media moderated its criticism of the sector. BYD Co Ltd jumped 8.3% on ...

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Dubai set to host major business events as Expo 2020 approaches

DUBAI / WAM Dubai’s business events sector continues to build on its momentum as one of the first cities in the world to reopen for international meetings, with a busy calendar of high profile conferences, meetings and incentives on the horizon through the rest of 2021 and into 2022. Following on from the resumption of international tourism to the city ...

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Adnoc, Fertiglobe sell UAE’s first blue ammonia to Japan’s Itochu

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) announced on Tuesday that, in partnership with Fertiglobe, it has sold its first cargo of blue ammonia to Itochu in Japan, for use in fertiliser production. The sale builds upon recently announced joint efforts to enhance industrial cooperation between the UAE and Japan and support the development of new ...

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