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2026-10-05T16:35:11.900Z

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Promedix secures 50M Riyal credit from AlJazira

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9 Hrs2026-10-06T06:08:13.920Z
Promedix secures 50M Riyal credit from AlJazira

France's debt crisis impacts euro and spreads concern

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18 Hrs2026-10-05T21:33:00.000Z
France's debt crisis impacts euro and spreads concern

US services slow as inflation rises

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18 Hrs2026-10-05T21:02:00.000Z
US services slow as inflation rises

Lightning gains early approval for Saudi financing

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20 Hrs2026-10-05T19:27:00.000Z
Lightning gains early approval for Saudi financing

Morgan Stanley: Nvidia, Broadcom Less Affected by US Data Center Power Issue

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21 Hrs2026-10-05T18:40:00.000Z
Morgan Stanley: Nvidia, Broadcom Less Affected by US Data Center Power Issue
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Chinese fund withdrawals accelerate

Chinese fund withdrawals accelerate

Joint investment funds in China are experiencing their largest closure wave in eight years, as declining returns and investor withdrawals have led to the liquidation of more than 256 funds so far this year, with expectations to close over 300 funds by the end of the year — the highest number since 2018. The industry is gradually affected after a strong start, and the decline is attributed to poor performance, a law mandating the closure of funds with low-asset holdings, and increased liquidations of sponsor-backed bonds, especially those that fail to meet asset requirements after three years. Despite the emergence of new products, the market remains saturated, and the sector faces challenges in achieving growth amid weak demand and market volatility, with the CSI 300 Index declining by 6% this year.

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