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 demandBharath KumarMarch 5, 2020March 18, 2020 by Bharath KumarMarch 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
BankingFeaturedMorgan Stanley to acquire online trading firm Etrade for $13 bnBharath KumarFebruary 24, 2020March 18, 2020 by Bharath KumarFebruary 24, 2020March 18, 2020 The acquisition will allow Morgan Stanley to tap into Etrade’s 5.2 mn retail investors... Read more
FeaturedOil & GasPetrobras hires 7 banks to sell stakes in fuel distribution unitPritam BordoloiJanuary 30, 2020March 10, 2020 by Pritam BordoloiJanuary 30, 2020March 10, 2020 Morgan Stanley, JPMorgan Chase and Goldman Sachs are among the banks hired for the stake sale in Petrobras Distribuidora... Read more