FeaturedTelecomSK Telecom bets big on AI for Asia-Pacific & North America expansions amid robust Q3 reportIFM CorrespondentNovember 8, 2024November 8, 2024 by IFM CorrespondentNovember 8, 2024November 8, 2024 SK Telecom is working to build the AI infrastructure superhighway to help South Korea make a leap and become one of three global leaders in AI... Read more
CommodityFeaturedGold ETFs lost USD 6.7 billion in H1 2024, worst in more than ten yearsIFM CorrespondentJuly 18, 2024 by IFM CorrespondentJuly 18, 2024 The aggregate holdings of gold ETFs increased further, and their total assets under management stayed steady at USD 233 billion... Read more
FeaturedTelecomNokia to acquire open optical network provider Infinera for USD 2.3 billionIFM CorrespondentJuly 8, 2024 by IFM CorrespondentJuly 8, 2024 Nokia's acquisition of Infinera is a big step toward improving its optical networking capabilities and broadening its global reach... Read more
FeaturedTransportHyundai & Kia achieve record-breaking sales in 2023IFM CorrespondentJanuary 4, 2024January 3, 2024 by IFM CorrespondentJanuary 4, 2024January 3, 2024 Hyundai Motor sold 4,216,680 vehicles last year, which is higher than the 3,942,922 units sold in 2022... Read more
FeaturedWealth ManagementAbu Dhabi Investment Authority reveals reason behind good returnsWebAdminNovember 4, 2022November 3, 2022 by WebAdminNovember 4, 2022November 3, 2022 Abu Dhabi Investment Authority said it gave front-line managers more freedom as part of a larger plan to streamline internal processes... Read more
FeaturedPorts and ShippingMaritime air pollution comes down thanks to fuel regulationsWebAdminOctober 28, 2022October 27, 2022 by WebAdminOctober 28, 2022October 27, 2022 The International Maritime Organization's 2020 fuel sulphur regulation certainly affected ship track formation... Read more
EnergyFeaturedMiddle East is world’s second best market for clean energy investmentsInternational Finance Business DeskMay 20, 2020May 20, 2020 by International Finance Business DeskMay 20, 2020May 20, 2020 A report published by Ashurst observed that the region houses some of the largest renewable projects... Read more
MarketsAsia Pacific set to become the dominant market for AI in banking by 2030International Finance DeskApril 11, 2019 by International Finance DeskApril 11, 2019 The business value of AI in banking can reach $98 billion in the region over the next decade... Read more
EnergyRenewable energy accounts for a third of global power capacity, IRENA saysInternational Finance DeskApril 2, 2019 by International Finance DeskApril 2, 2019 The annual increase of 7.9 percent was bolstered by new additions from solar and wind energy, which accounted for 84% of the growth... Read more
EconomyUK remained prime target for European shareholder activists in 2018International Finance DeskFebruary 21, 2019November 13, 2019 by International Finance DeskFebruary 21, 2019November 13, 2019 The report which provides data on live and potential campaigns for 2018 in Europe found that France and the Czech Republic were two countries, apart from the UK, that saw pickup in activity in 2018... Read more