FeaturedMarketsNXP Semiconductors slides on soft guidance despite better-than-expected earningsIFM CorrespondentNovember 18, 2024 by IFM CorrespondentNovember 18, 2024 For the fourth quarter, NXP Semiconductors guided adjusted EPS in a range of USD 2.93-3.33 on revenue between USD 3.00-3.20 billion... Read more
BrokerageFeaturedChina creates USD 230 billion brokerage powerhouse, eyes sector consolidationIFM CorrespondentSeptember 11, 2024 by IFM CorrespondentSeptember 11, 2024 The combined entity, with 1.6 trillion yuan in total assets, will overtake Citic Securities as China's largest brokerage... Read more
Business LeadersFeaturedBusiness Leader of the Week: Meet Tan Su Shan, DBS Group’s incoming CEOIFM CorrespondentAugust 9, 2024 by IFM CorrespondentAugust 9, 2024 Tan Su Shan began her career at ING Baring Securities in institutional equity and derivative sales... 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
BankingFeaturedCiti takes the lead as major banks downsize workforce to streamline costsIFM CorrespondentApril 19, 2024April 18, 2024 by IFM CorrespondentApril 19, 2024April 18, 2024 Citi has recently announced that it will cut 7,000 jobs, as part of their plan to reduce staffing by 20,000 over the next two years... Read more
FeaturedWealth ManagementMorgan Stanley’s wealth management division faces regulators’ heatIFM CorrespondentApril 18, 2024 by IFM CorrespondentApril 18, 2024 Morgan Stanley's wealth management division offers brokerage, custody, investment advising, and financial planning services to high-net-worth individuals and small to medium-sized organisations... Read more
AviationFeaturedAmid IPO talks, Saudi budget airline Flynas adds two A320neo jetsIFM CorrespondentApril 2, 2024 by IFM CorrespondentApril 2, 2024 Flynas offers over 1,500 weekly flights to over 70 domestic and international destinations... Read more
CommodityFeaturedWhy did Gold prices hit a new record high?IFM CorrespondentMarch 20, 2024 by IFM CorrespondentMarch 20, 2024 In periods of economic uncertainty, investors typically view gold as a safe haven... Read more
FeaturedWealth ManagementStart-up of the Week: The Addepar way of playing wealth management game through data analyticsIFM CorrespondentMarch 13, 2024 by IFM CorrespondentMarch 13, 2024 Addepar's flexible APIs also help its customers to efficiently automate workflows and drive their business-critical applications... Read more
FeaturedReal EstateIncreasing its capital deployment, Saudi’s PIF to acquire stakes in Binladin GroupIFM CorrespondentMarch 12, 2024 by IFM CorrespondentMarch 12, 2024 Saudi Binladin Group, which operates in construction, power, and industry, has built over 15 Saudi Arabian buildings... Read more