Banking and FinanceCover StoryMagazineCBDCs: Threat or Opportunity?IFM CorrespondentJune 17, 2024July 1, 2024 by IFM CorrespondentJune 17, 2024July 1, 2024 Some 87 countries, or more than 90% of the world's GDP, are exploring the possibility of CBDCs... Read more
EconomyFeaturedPhilippine economy to triple by 2033, says country’s Finance SecretaryIFM CorrespondentJune 3, 2024June 2, 2024 by IFM CorrespondentJune 3, 2024June 2, 2024 Going forward, the Philippines is predicted to continue growing faster than the economic superpowers in the Asian region... Read more
FeaturedFinanceTo boost domestic semiconductor sector, China sets up third fund with USD 47.5 billionIFM CorrespondentMay 30, 2024 by IFM CorrespondentMay 30, 2024 China must become self-sufficient in semiconductors, according to President Xi Jinping... Read more
Business LeadersFeaturedBusiness Leader of the Week: Meet Leonid Mikhelson, CEO of Russian energy giant NovatekIFM CorrespondentMay 24, 2024May 24, 2024 by IFM CorrespondentMay 24, 2024May 24, 2024 According to Forbes, as of 2024, Leonid Mikhelson's net worth is around 2,900 crores USD... Read more
FeaturedWealth ManagementSaudi wealth fund increases holdings in Chinese stocks, gains from Alibaba windfallIFM CorrespondentMay 22, 2024 by IFM CorrespondentMay 22, 2024 According to reports, PIF has boosted its position in Alibaba for the second time in less than a year... Read more
FeaturedTransportIF Insights: Elon Musk finds new obsession in robotaxi as Tesla fights headwindsIFM CorrespondentMay 9, 2024 by IFM CorrespondentMay 9, 2024 Tesla initially backed gigacasting to reduce its long-term manufacturing costs... Read more
CurrencyFeaturedAsia Private Equity & Bitcoin ETFs: Morgan Stanley’s focus amid leadership shiftIFM CorrespondentMay 8, 2024May 7, 2024 by IFM CorrespondentMay 8, 2024May 7, 2024 The Securities and Exchange Commission approved 11 spot bitcoin ETFs in January 2024... Read more
FeaturedTransportBYD slows down Vietnam plans as it gears up to challenge Tesla’s dominanceIFM CorrespondentApril 4, 2024April 3, 2024 by IFM CorrespondentApril 4, 2024April 3, 2024 The announcement of BYD's investment plans by the Vietnamese government came after BYD CEO Wang Chuanfu's May 2023 visit to the nation... Read more
FeaturedOil & GasGame changer for Beijing? China finds 100 million tonne oilfield in Bohai SeaIFM CorrespondentApril 1, 2024 by IFM CorrespondentApril 1, 2024 CNOOC revealed earlier in March 2024 that it found a fresh deposit in the South China Sea that holds more than 100 million tonnes of proven oil equivalent... Read more
FeaturedTradingChinese Premier Li Qiang pushes for stronger economic & trade ties with United StatesIFM CorrespondentMarch 26, 2024 by IFM CorrespondentMarch 26, 2024 Chinese Premier Li Qiang said that United States companies are welcome to continue to invest in the country to share development opportunities... Read more