Business LeadersFeaturedBusiness Leader of the Week: Meet Jamie Dimon, CEO of JPMorganIFM CorrespondentMarch 31, 2023March 31, 2023 by IFM CorrespondentMarch 31, 2023March 31, 2023 As of January 2023, Jamie Dimon's net worth is estimated at USD 1.8 billion dollars, according to Forbes... Read more
Business LeadersFeaturedElon Musk explores fundraiser option as Twitter’s financial health goes downhillPrajwal WeleJanuary 31, 2023 by Prajwal WeleJanuary 31, 2023 Elon Musk borrowed USD 13 billion to close the Twitter acquisition in October 2022 from a syndicate of banks... Read more
FeaturedOil & GasOPEC+ cuts: Russia to be the benefiter?WebAdminOctober 18, 2022October 18, 2022 by WebAdminOctober 18, 2022October 18, 2022 Western sanctions have led to decreased Russian oil output, which has joined Nigeria and Angola as OPEC laggards... Read more
FeaturedMarketsMorgan Stanley’s bold prediction for emerging markets and Asian stocksWebAdminOctober 11, 2022 by WebAdminOctober 11, 2022 According to Morgan Stanley, the current bear market cycle for emerging and Asian stocks is almost over... Read more
FeaturedMarketsEmerging markets to face the brunt after US inflation surpriseWebAdminSeptember 27, 2022September 27, 2022 by WebAdminSeptember 27, 2022September 27, 2022 According to Ritika Chhabra, an economist and quantitative analyst at Prabhudas Lilladher, US inflation increased in August, rising to 8.3% y-o-y from the expected 8.1%... Read more
FeaturedMarketsChinese markets are losing out on foreign investorsIFM CorrespondentMay 6, 2022 by IFM CorrespondentMay 6, 2022 Due to the pandemic, China, as well as Hong Kong, have become the worst-performing stock market in Asia.... Read more
FeaturedIslamic FinanceOil behemoth Aramco begins Islamic bond saleWebAdminJune 8, 2021 by WebAdminJune 8, 2021 The sukuk sale, which began on June 7th, is expected to conclude on June 17th... Read more
FeaturedTechnologyJP Morgan to launch bitcoin fund for wealthy customersWebAdminApril 28, 2021 by WebAdminApril 28, 2021 Reportedly, the fund will be offered to clients in JPMorgan's private wealth division... Read more
Business LeadersFeaturedMorgan Stanley‘s Gorman’s pay tops JP Morgan CEOInternational Finance Business DeskJanuary 28, 2021 by International Finance Business DeskJanuary 28, 2021 CEO James Gorman has become the top-paid executive in his position with $33 million for 2020... Read more
FeaturedOil & GasSaudi urges Opec+ to cut 1.5 mn bpd as coronavirus affects oil demandInternational FinanceMarch 5, 2020March 18, 2020 by International FinanceMarch 5, 2020March 18, 2020 the Kingdom has pushed for a larger cut compared to Goldman Sach’s recommendation of 600,000 to I mn bpd... Read more