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Singapore’s FX Market Hits New Record of US$1.273 Trillion, Up 12%

AstraZeneca Commits $50 Billion Investment in US to Dodge Trump’s Tariff Threats

Saudi Arabia’s Reserve Assets Rise By 4.5% to $459 Billion

RBA Considers New System for Monetary Policy Implementation

Rahil MApril 2, 20240439 views

As billions of dollars in pandemic-era bonds purchased by the RBA approach maturity, the central bank expects a tightening of its balance sheet by over A$100 billion. Australia’s Reserve Bank…

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UAE Considers 10-Year Golden Trade Licence

Violet DawsonApril 1, 20240400 views

The proposal for extended business licenses aligns with recent reforms aimed at enhancing the UAE’s business environment. Allowing foreign investors 100% ownership was a significant step that led to a…

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Xiaomi’s EV Ambitions – From Smartphones to Sedans

Violet DawsonMarch 28, 20240406 views

Estimates from Wall Street banks suggest Xiaomi’s sedan could be priced between 200,000 yuan ($27,667) and 300,000 yuan. Xiaomi Corp’s recent surge of $8 billion in stock value confronts a…

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Javier Milei’s 100 Days in Office and Argentina’s Economy

Rahil MMarch 27, 20240398 views

Milei, who promised painful shock therapy to fix the country’s struggling economy and is now 100 days in office Frustrated by decades of economic crisis, Argentine voters surprised opinion polls…

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Boeing CEO Resigns Amid Safety Emergencies

Violet DawsonMarch 26, 20240505 views

As part of the management pass, Stan Deal, who led Boeing’s commercial airplanes business, has also left his position with immediate effect. Boeing‘s CEO has announced his plans to step…

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Bill Ending Partial Shutdown, Worth $1.2 Trillion Approved by the Senate

Rahil MMarch 25, 20240329 views

The House passed the bill on Friday morning, voting 286-134 in favour. The Senate passed a big package of spending bills worth $1.2 trillion early Saturday morning after many delays.…

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Aldar Targets $8.4 Billion Sales, Intend Green Sukuk Issuance

Rahil MMarch 22, 20240349 views

Abu Dhabi’s greatest recorded designer Aldar, which recorded deals of about Dh28 billion in the final year. Aldar Properties, a major real estate company in Abu Dhabi, plans to make…

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Will The 2034 FIFA World Cup Bring About A Repeat of Qatar 2022?

Violet DawsonMarch 21, 20240517 views

FIFA would likely choose Saudi Arabia as the only bidder to host the 2034 World Cup this year, but labour rights organizations stated that “workers cannot afford a repeat of…

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Abu Dhabi’s LNG Shift: ADNOC’S 15-Year Deal With SEFE

Rahil MMarch 20, 20240386 views

ADNOC’s LNG supply agreement with SEFE reflects the company’s strategic vision to become a leading supplier of sustainable energy solutions. Abu Dhabi National Oil Company (ADNOC) and a subsidiary of…

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Bank Of Japan Ends Negative Interest Rate Policy

Violet DawsonMarch 19, 20240380 views

The Bank of Japan (BOJ) stopped its negative interest rate regime, the last of its kind in the world. The policy was put in place to encourage banks to lend…

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