SHARJAH / WAM Sharjah Taxi has transported over 2.7 million passengers during the first half of 2023, averaging 15,000 passengers per day. The company transported more than 102,000 passengers during the Eid al-Adha holiday period, a 20% increase over the previous year. The number of taxi users at Sharjah International Airport also reached a record high during Eid, with a …

BLOOMBERG It’s been a week when almost everything rallied — from emerging markets to global bonds and the S&P 500 — all buoyed by faith that the Federal Reserve is finally winning the fight against inflation. While trading was subdued as second-quarter earnings started to roll in, the week is ending with blockbuster gains across asset classes. The first batch …

BLOOMBERG Signs are emerging that Japanese retail investors are getting on the equity bandwagon after having largely missed out on a historic rally. Their buying could help Japanese stocks regain some of the upward momentum that was lost over the past two weeks due to a stronger yen and concerns the Bank of Japan will tweak policy later this month. …