SHARJAH / WAM Real estate transactions valued AED5.2 billion in the Emirate of Sharjah in the first quarter of this year, according to Sharjah Real Estate Registration Directorate (SRERD). The latest figures show that the emirate recorded 13,195 transactions, including 1,131 sales in 122 areas that covered 10 million square feet. Investors from 31 nationalities worldwide were involved in these …

Bloomberg Another week, another leg of the emerging-market rout. An MSCI gauge of developing-nation stocks slipped 3.7 percent, setting the stage for the worst month since October. It was even worse for currencies, which capped a fifth straight week of declines, erasing gains for the year. Brazil’s real led the drop as protests added to political tensions and growth forecasts …

Bloomberg The Australian dollar is set to strengthen against the greenback after the nation’s center-right government clung to power in a surprise election victory at the weekend. Despite trailing in most opinion polls, Prime Minister Scott Morrison waged a relentless attack on the Labor Party’s progressive agenda to take action on climate change and strip tax perks from wealthy Australians. …