UAE’s Royal Group Shorts US Stocks on Global Recession Fears
An investment firm controlled by a top Abu Dhabi royal has built a short position worth billions of
1970-01-01 08:00
US inflation below 5% for first time in two years
Prices rose 4.9% over the 12 months to April, the latest figures show.
1970-01-01 08:00
Citigroup to Hire JPMorgan Banker Al-Deweesh as Saudi CEO
Citigroup Inc. is set to hire one of JPMorgan Chase & Co.’s top bankers in Saudi Arabia as
1970-01-01 08:00
Norway Irks Wind Power Investors With Plan to Slap 40% Tax
As the US and EU throw billions at building out the industry needed for the transition to a
1970-01-01 08:00
Airbnb Slides as Muted Outlook Shows Cracks in Travel Demand
Airbnb Inc. shares tumbled after the vacation home-rental company gave a cautious forecast for revenue in the second
1970-01-01 08:00
Buffett’s Japan Trading House Stock Picks Reach Record Highs on Results, Buybacks
Shares of the Japanese trading companies that Warren Buffet has invested in reached record levels this week after
1970-01-01 08:00
Tencent, TSMC Shares Shunned by $3.2 Billion Fund on Valuations
A $3.2 billion fund focused on Asian equities is avoiding the region’s two biggest stocks, saying their valuations
1970-01-01 08:00
China’s AI Frenzy Spurs 200% Rally for Obscure Book Publisher
China’s craze for artificial-intelligence companies is supercharging the shares of some of the nation’s little-known publishers. China Publishing
1970-01-01 08:00
China State-Linked Stock Rally Sputters Further on Profit Taking
A scorching stock rally in China’s state-linked companies lost further momentum Wednesday, as investors cashed in on the
1970-01-01 08:00
Adnoc to Sell 15% Stake in Logistics Unit in Abu Dhabi IPO
Abu Dhabi’s main energy company will sell a 15% stake in its logistics and shipping unit in an
1970-01-01 08:00
Tishman Speyer Forms Real Estate Fund With Raffles Family Office
Tishman Speyer, a US property developer and investor, is partnering with an Asian multi-family office to start a
1970-01-01 08:00
HSBC Gains Assets From Former Credit Suisse Clients in Asia
HSBC Holdings Plc said it’s picking up clients and staff from Credit Suisse Group AG following the Swiss
1970-01-01 08:00