Tottenham's downward spiral continued as West Ham moved into fourth in the Premier League with a 2-1 win against troubled Spurs on Sunday.
Jose Mourinho's side slumped to a fifth defeat in their last six league games as they paid the price for sloppy defence at the London Stadium.
Michail Antonio put West Ham in front early in the first half and Jesse Lingard doubled the hosts' advantage after the break.
Lucas Moura reduced the deficit with his first league goal since September, but Spurs were unable to salvage a point.
West Ham climbed two points above Chelsea into the Champions League spots as their unexpected European challenge gathered pace with a seventh win in their last nine league matches.
It was a first triumph for West Ham boss David Moyes in 16 meetings with Mourinho.
And while Moyes has sparked a remarkable revival at West Ham, who were in a relegation battle when he arrived last season, Mourinho's Tottenham are in the middle of a woeful campaign.
They are languishing in ninth and trail West Ham by nine points, albeit with a game in hand.
Tottenham have already lost eight league games this season – the second-worst return of Mourinho's career after losing nine with Chelsea in 2015-16.
Mourinho will have to turn the tide quickly to save his job after Tottenham's latest flop.
Tottenham had conceded nine goals in their last three games in all competitions, underlining the defensive flaws that have plagued them since they squandered a three-goal lead in the closing minutes of their 3-3 draw with West Ham in October.
Tottenham conceded a goal early in the first half with fit-again striker Michail Antonio converting a loose ball from close range after his initial glancing effort was kept out by goalkeeper Hugo Lloris in the fifth minute.
Mourinho threw Gareth Bale on at half-time but within two minutes of the restart they were 2-0 down.
Some shoddy defending saw Lingard surge through on goal and he fired into the bottom corner.
Spurs had a mountain to climb but they started the comeback midway through the second half when Moura headed in Bale's corner for his first Premier League goal since September.
Then the onslaught in the final 20 minutes started and it was only poor finishing that stopped them taking at least a point.
Moura blazed over from the edge of the area, Kane fizzed a low effort inches wide of Fabianski's post.
Spurs hit the woodwork twice in the final 15 minutes as they searched for a leveller.
Bale fizzed an effort that clipped the top of the crossbar from 18 yards and then, deep into injury time, Son Heung-min's deflected effort looped into the post, confirming that it was to be West Ham's day.
The specs
Engine: 1.4-litre 4-cylinder turbo
Power: 180hp at 5,500rpm
Torque: 250Nm at 3,00rpm
Transmission: 5-speed sequential auto
Price: From Dh139,995
On sale: now
The specs
Engine: 3.5-litre twin-turbo V6
Power: 380hp at 5,800rpm
Torque: 530Nm at 1,300-4,500rpm
Transmission: Eight-speed auto
Price: From Dh299,000 ($81,415)
On sale: Now
If you go
Flying
Despite the extreme distance, flying to Fairbanks is relatively simple, requiring just one transfer in Seattle, which can be reached directly from Dubai with Emirates for Dh6,800 return.
Touring
Gondwana Ecotours’ seven-day Polar Bear Adventure starts in Fairbanks in central Alaska before visiting Kaktovik and Utqiarvik on the North Slope. Polar bear viewing is highly likely in Kaktovik, with up to five two-hour boat tours included. Prices start from Dh11,500 per person, with all local flights, meals and accommodation included; gondwanaecotours.com
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Retirement funds heavily invested in equities at a risky time
Pension funds in growing economies in Asia, Latin America and the Middle East have a sharply higher percentage of assets parked in stocks, just at a time when trade tensions threaten to derail markets.
Retirement money managers in 14 geographies now allocate 40 per cent of their assets to equities, an 8 percentage-point climb over the past five years, according to a Mercer survey released last week that canvassed government, corporate and mandatory pension funds with almost $5 trillion in assets under management. That compares with about 25 per cent for pension funds in Europe.
The escalating trade spat between the US and China has heightened fears that stocks are ripe for a downturn. With tensions mounting and outcomes driven more by politics than economics, the S&P 500 Index will be on course for a “full-scale bear market” without Federal Reserve interest-rate cuts, Citigroup’s global macro strategy team said earlier this week.
The increased allocation to equities by growth-market pension funds has come at the expense of fixed-income investments, which declined 11 percentage points over the five years, according to the survey.
Hong Kong funds have the highest exposure to equities at 66 per cent, although that’s been relatively stable over the period. Japan’s equity allocation jumped 13 percentage points while South Korea’s increased 8 percentage points.
The money managers are also directing a higher portion of their funds to assets outside of their home countries. On average, foreign stocks now account for 49 per cent of respondents’ equity investments, 4 percentage points higher than five years ago, while foreign fixed-income exposure climbed 7 percentage points to 23 per cent. Funds in Japan, South Korea, Malaysia and Taiwan are among those seeking greater diversification in stocks and fixed income.
• Bloomberg
Women’s World T20, Asia Qualifier
UAE results
Beat China by 16 runs
Lost to Thailand by 10 wickets
Beat Nepal by five runs
Beat Hong Kong by eight wickets
Beat Malaysia by 34 runs
Standings (P, W, l, NR, points)
1. Thailand 5 4 0 1 9
2. UAE 5 4 1 0 8
3. Nepal 5 2 1 2 6
4. Hong Kong 5 2 2 1 5
5. Malaysia 5 1 4 0 2
6. China 5 0 5 0 0
Final
Thailand v UAE, Monday, 7am
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Infobox
Western Region Asia Cup Qualifier, Al Amerat, Oman
The two finalists advance to the next stage of qualifying, in Malaysia in August
Results
UAE beat Iran by 10 wickets
Kuwait beat Saudi Arabia by eight wickets
Oman beat Bahrain by nine wickets
Qatar beat Maldives by 106 runs
Monday fixtures
UAE v Kuwait, Iran v Saudi Arabia, Oman v Qatar, Maldives v Bahrain
JUDAS AND THE BLACK MESSIAH
Directed by: Shaka King
Starring: Daniel Kaluuya, Lakeith Stanfield, Jesse Plemons
Four stars
Remaining Fixtures
Wednesday: West Indies v Scotland
Thursday: UAE v Zimbabwe
Friday: Afghanistan v Ireland
Sunday: Final
if you go
The flights
Air Astana flies direct from Dubai to Almaty from Dh2,440 per person return, and to Astana (via Almaty) from Dh2,930 return, both including taxes.
The hotels
Rooms at the Ritz-Carlton Almaty cost from Dh1,944 per night including taxes; and in Astana the new Ritz-Carlton Astana (www.marriott) costs from Dh1,325; alternatively, the new St Regis Astana costs from Dh1,458 per night including taxes.
When to visit
March-May and September-November
Visas
Citizens of many countries, including the UAE do not need a visa to enter Kazakhstan for up to 30 days. Contact the nearest Kazakhstan embassy or consulate.
The five pillars of Islam
1. Fasting
2. Prayer
3. Hajj
4. Shahada
5. Zakat
