HSBC’s new gameplan: Investment banking retrenchment, more focus on Asia
LSEG data indicates that HSBC earned USD 107.3 million, or 7% of the total fee pool, in 2024, the highest amount of investment banking fees in the MENA region...
Tag : Asia
Airlines battle delays amid travel surge
Airlines reported significant delays in aircraft repairs, with turnaround times increasing by an average of 25%...
IF Insights: Raking up the debate around capitalism & global inequality
In countries like China and Vietnam, capitalism and integration into global trade networks have helped lift millions out of poverty...
Global shipping faces unprecedented challenges
With the usual passages either unsafe or impassable, shipping companies have had to chart new courses, often at great expense...
African airlines see 6.2% increase in air cargo demand for July 2024
The demand growth for air cargo by African airlines in July was 62.2% year over year, the lowest growth rate of any region and the lowest since 2024...
In a strategic brilliance, AD Ports Group completes Tbilisi Dry Port acquisition
Serving as a crucial point of entry, exit, and regional transit, Tbilisi Dry Port accommodates manufacturers, shippers and consignees moving containers, vehicles and various goods for distribution and storage...
Business Leader of the Week: Meet Tan Su Shan, DBS Group’s incoming CEO
Tan Su Shan began her career at ING Baring Securities in institutional equity and derivative sales...
Gold ETFs lost USD 6.7 billion in H1 2024, worst in more than ten years
The aggregate holdings of gold ETFs increased further, and their total assets under management stayed steady at USD 233 billion...
Airports in Abu Dhabi experience 40% surge in travellers
Regarding aircraft traffic, Abu Dhabi's airports experienced significant increases in 2023...
Emirates announces destinations for its new A350 fleet: Here are the details
Emirates will launch its first A350 to Bahrain on the daily EK839/840 route on September 15...