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EconomyFeatured
China witnesses growth loss due to Iran war disruptions
China's factory output grew 4.1% from a year earlier (slowest growth since July 2023), compared with a 5.7% rise in March
FeaturedPorts and Shipping
AD Ports Group, Borouge to explore alternative export hub in UAE
The agreement paves the way for AD Ports Group and Borouge to collaborate on the establishment of an alternative export hub on the UAE’s East Coast
FeaturedFinance
UniCredit vs Commerzbank: German lender rejects fresh takeover bid
Commerzbank executives, along with Germany's government and bank employees, have long criticised UniCredit's tie-up attempt as hostile
FeaturedMarkets
Egypt raises USD 1 billion in dollar-denominated social bond sale
The eight-year bonds received subscription orders exceeding USD 3.9 billion, reducing the annual yield to 7.6% from 8% due to strong demand
FeaturedFintech
Eyeing full-service bank status, Revolut launches crypto card
Revolut's crypto card, apart from supporting 200-plus cryptocurrencies, will be integrated with Apple Pay and Google Pay for contactless payments
Asset ManagementFeatured
BlackRock, State Street join Wall Street’s tokenisation race
State Street's tokenised cash-management product will allow stablecoin holders to sweep their assets into an on-chain, yield-bearing asset
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