Bloomberg Virtual reality is catching on in China. Just ask Zhang Yimou, the man who choreographed the opening ceremony of the 2008 Beijing Olympics. SoReal, a startup co-founded by the famed director of “House of Flying Daggers” and “The Great Wall,” is preparing to open this year what it bills to be the world’s first virtual-reality park. “As a …

  Bloomberg The rally in technology stocks may have more room to run after the industry overthrew financials as the main driver of emerging market shares last quarter. Firms from South Korean phone makers to China’s biggest internet company helped drive a 17 percent surge in technology shares in the MSCI Emerging Markets Index in the first quarter, the best …

  ABU DHABI / WAM UAE stock markets rose on Monday, led by a higher real estate sector, amidst high sentiments among companies and individuals alike. The Abu Dhabi Securities Exchange (ADX) rose for the second straight session supported by a hike in a number of real estate shares and Etisalat’s share which rose to AED17.95, thus edging towards the …