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China crackdown makes HK index world’s biggest tech loser

Bloomberg An index launched a year ago to give investors greater exposure to China’s internet giants is now the world’s worst-performing major technology gauge. The Hang Seng Tech Index has been on a roller-coaster ride in the last 12 months. The gauge, which marks its one-year anniversary, was up 59% at its February peak but has since seen more than ...

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Stock bulls watch $17 trillion burn a hole in pockets

Bloomberg In the stock market, the refusal of retail investors to back down from every macro threat has become the only story. When will it end? Judging by the size of all the pools of cash lying around, it could be a while. Among all the economic stories of the pandemic, the one about money piling up in people’s accounts ...

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UAE re-affirms commitment to eradicate polio in Pakistan

Islamabad / WAM The World Health Organisation (WHO), on behalf of the Polio Eradication Initiative, has announced on Saturday that the United Arab Emirates has made available a total of $23 million funding for polio campaigns and around $376000 for the procurement of frontline worker personal protective equipment for protection against Covid-19 in 84 highest-risk districts of Pakisan. This funding ...

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