FeaturedFinanceYou may land in jail for giving financial ‘advice’IFM CorrespondentMarch 24, 2022March 24, 2022 by IFM CorrespondentMarch 24, 2022March 24, 2022 According to the Australian Securities and Investments Commission, the maximum punishment can be as high as up to five years of imprisonment.... Read more
FeaturedFinanceBritish ferry operator P&O Ferries spends £36.5 mn on severance payIFM CorrespondentMarch 23, 2022March 23, 2022 by IFM CorrespondentMarch 23, 2022March 23, 2022 Some of the sacked workers will get as much as £170,000.... Read more
FeaturedFinanceSri Lanka deploys soldiers at petrol pumps to enforce rationingIFM CorrespondentMarch 22, 2022 by IFM CorrespondentMarch 22, 2022 The country is going through a major economic crisis due to a foreign currency shortage.... Read more
FeaturedFinanceImpact of Russia-Ukraine war on global economyIFM CorrespondentMarch 21, 2022 by IFM CorrespondentMarch 21, 2022 Governments will be forced to decrease their social spending and look to enhance the military budgets.... Read more
FeaturedFinanceRussia mulls seizing assets of companies suspending operationsIFM CorrespondentMarch 11, 2022 by IFM CorrespondentMarch 11, 2022 The White House has said that Russia’s move will be met with further economic sanctions.... Read more
FeaturedFinanceRussia-Ukraine conflict: What should you expect as a retail investor?IFM CorrespondentFebruary 25, 2022March 1, 2022 by IFM CorrespondentFebruary 25, 2022March 1, 2022 As expected fuel prices have been majorly impacted with prices reaching a 7-year high.... Read more
FeaturedFinanceCan cryptocurrencies fuel global economic instability?IFM CorrespondentFebruary 23, 2022February 25, 2022 by IFM CorrespondentFebruary 23, 2022February 25, 2022 The entire crypto market capitalization grew by 3.5x in 2021 to $2.6 trillion... Read more
FeaturedFinanceACWA Power secures $800 mn for its subsidiary RAWECIFM CorrespondentDecember 23, 2021 by IFM CorrespondentDecember 23, 2021 RAWEC will utilize the facility to prepay existing senior debt... Read more
FeaturedFinanceHong Kong-based virtual lender WeLab acquires Indonesia’s Bank Jasa JakartaIFM CorrespondentDecember 8, 2021 by IFM CorrespondentDecember 8, 2021 WeLab recently raised $240 mn for the acquisition... Read more
FeaturedFinanceRSwitch awarded the best e-payment service provider in Rwanda for 2021WebAdminOctober 25, 2021October 25, 2021 by WebAdminOctober 25, 2021October 25, 2021 Recently, the firm has also ventured into mobile interoperability... Read more