The upcoming election presents a perilous choice between two candidates whose focus on short-term political gain over long-term fiscal responsibility threatens to plunge the nation deeper into debt and towards economic turmoil.
ADNOC is expected to soon make a formal bid to acquire Covestro, a German chemicals company, for an estimated 14.4 billion euros after over a year of pursuit and successful preliminary negotiations.
The opening of Hong Kongs stock market to mainland Chinese investors sparked a surge in Alibabas share price, fueled by significant investment through the Stock Connect program.
Asian markets traded mixed as investors cautiously awaited US inflation data and its potential impact on Federal Reserve policy, while also weighing recession fears, political uncertainties, and Chinas economic outlook.