Gulf Stocks Ride High on Hopes of US Fed Easing
The Fed’s decisions have a strong influence on Gulf monetary policy, as most regional currencies are dependent on the US dollar. As Gulf shares rise on the hope that US…
Capital Market
The Fed’s decisions have a strong influence on Gulf monetary policy, as most regional currencies are dependent on the US dollar. As Gulf shares rise on the hope that US…
As artificial intelligence (AI) booms, many software development companies, including Lovable and Bolt, are developing their own AI, posing a threat to Figma. Design software maker Figma shares surged 250%…
Singapore’s daily foreign exchange turnover of US$1.136 trillion in October 2024 was 1.7 times that of Hong Kong, the largest gap since 2023. Singapore’s foreign exchange market grew this year,…
Goldman Sachs increased its prediction for the index’s six-month return from its previous estimate of 6,100 to +6%, predicting a year-end level of 6,600. Goldman Sachs has increased its three-,…
US businesses paid a staggering $187 billion in swipe fees, mostly driven by Mastercard and Visa cards. Stablecoins are now posing a threat to these traditional services, with their potential…
After years of aggressive debt-driven growth, New World has faced continuous challenges amid the real estate recession in Hong Kong and mainland China. Hong Kong builder New World Development is…
The US administration has put strict barriers on China’s funds, keeping CIC off a list of foreign investors and limiting Chinese investment in technology, energy, and healthcare. For many years,…
Hong Kong stocks went to month-highs in anticipation that the Federal Reserve would reduce interest rates due to a decline in global oil prices. Ever since the Hong Kong IPO…
The IPO market is only just recovering from a major slump, and Virgin Australia’s soaring valuations have infused much hope and enthusiasm in the listings market. The initial public offering…
After Morgan Stanley topped its arch-rival Goldman Sachs Group for the third consecutive year with a record income of $7.64 billion, the bank’s Asia chief aims for $10 billion. As…