ABU DHABI / WAM The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has approved the year 2024 official holidays calendar for both public and private sectors. As part of the Cabinet’s ongoing efforts to enhance the organisation of work in government and private sectors, the resolution aims ...

BLOOMBERG US equity futures wavered on Tuesday as some investors questioned the sustainability of a powerful rally fueled by expectations of a Federal Reserve pivot to rate cuts. The S&P 500 had its strongest close since August and the Nasdaq 100 hit a 22-month high November 20. But Goldman Sachs Group Inc strategists said there is a risk of “disappointment ...

BLOOMBERG Taiwan’s benchmark stock gauge climbed to its highest closing level since April 2022 as the artificial intelligence theme regains momentum and foreign investors return. The TWSE Index, or Taiex, rose 1.2% on Tuesday, with chipmakers Taiwan Semiconductor Manufacturing Co and MediaTek Inc the biggest contributors. The measure has advanced 23% this year, compared with a 4.5% gain in the ...