Bloomberg Chinese technology shares fall once again on Monday on the latest moves from Beijing to reshape online businesses. Traders mulled a report that the government intends to break up Ant Group Co’s Alipay business, a statement calling for better protection of gig economy workers’ rights and latest warning against blocking links to rival services. The Hang Seng Tech Index ...

Bloomberg European shares and US futures climbed ahead of critical US inflation data this week that traders will use to assess expectations about the timing of stimulus withdrawal and interest-rate hikes. The dollar edged higher and Treasury yields were little changed. Contracts on the S&P 500 and Nasdaq 100 advanced after indexes ended last week in red. Energy companies led ...

Bloomberg Investments in Japanese real estate investment trusts are now more attractive than traditional financial assets such as domestic stocks and bonds thanks to the Bank of Japan’s unprecedented monetary easing, according to a report by staff of the world’s largest pension fund. Japan’s Government Pension Investment Fund employees concluded in the report released Sept. 10 that portfolio performance could ...

Dubai / WAM The value of exports and re-exports of Dubai Chamber members increased 21.8 percent year-over-year to reach AED147.3 billion in January-August 2021 period, supported by a rebound in trade activity in Dubai. The chamber pointed out that the exports and re-exports of its members recorded year-over-year growth of 43.9 percent, reaching AED21.4 billion in August. A total of ...

Dubai / WAM Dr Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship and SMEs, and Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, held a meeting at the Ministry’s headquarters in Dubai with Betty Maina, Cabinet Secretary of Kenya’s Ministry of Industrialisation, Trade and Enterprise Development. The meeting explored the prospects of economic and investment ...

ABU DHABI / WAM The UAE has participated in the 156th session of the Arab League Council, which was held in Cairo at the level of foreign ministers, and aimed to discuss various developments in the Arab region. Khalifa Shaheen Al Marar, Minister of State, represented the UAE at the meeting, which took place at the headquarters of the General ...

ABU DHABI / WAM Etihad Airways has announced its upgraded “Verified to Fly” service to offer a more streamlined and personalised service through its website, etihad.com. This upgrade makes the process quicker and easier for Etihad’s guests to ensure they have all the required Covid-related documents before leaving for the airport. Seven days ahead of travel, all guests will receive ...

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) has won 11 trophies at the prestigious Globee Business Awards in San Francisco, USA. As part of the 13th Annual Golden Bridge Business and Innovation Awards, Dewa earned four awards, two gold and two silver, as well as seven other awards at the 8th Annual 2021 Customer Sales and Service World ...

Dubai / WAM The Dubai Financial Market (DFM) on Sunday announced that it is planning to launch new equity futures contracts on individual stocks of three leading listed companies including; Dubai Investments, DFM Company and Shuaa Capital, on September 19, as part of its strategy to diversify investment opportunities. The new equity futures contracts shall bring total number of contracts ...

Sharjah / WAM Air Arabia has announced the resumption of direct flights between Sharjah and each of Riyadh, Jeddah and Dammam in the Kingdom of Saudi Arabia, starting September 14. All passengers traveling to the kingdom are required to download “Tawakkalna” mobile application before departure and upload their vaccination status. Passengers are also urged to check the travel update at ...