Crypto Prices Tumble as Trump-fueled Euphoria Fades
Cryptocurrency prices are down sharply in recent weeks and not expected to rebound soon, with some of the biggest digital currencies erasing nearly all of…
Tag: FINANCE
Saudi Arabia Offers Middle East’s First Euro Green Bond
Saudi Arabia kicked off the sale of a euro-denominated green bond, the first such deal from a sovereign in the region, as it looks to…
Golden Gate Ventures launches $100m MENA fund in Qatar
Golden Gate Ventures, a Singapore-headquartered venture capital firm, has announced the first close of its US$100 million Middle East and North Africa (MENA) Fund 1,…
Global stocks higher after Wall Street extends its winning streak to longest of the year
Financial Markets Wall Street World stocks mostly rose Tuesday after Wall Street pushed closer to record highs following its roller coaster of a summer. France’s CAC 40…
Bank of Japan raises interest rate to 0.25%, cuts bond purchases in major policy shift
The Bank of Japan (BoJ) has increased its benchmark interest rate to 0.25% and announced plans to halve its monthly bond purchases, marking a significant…
Major Gulf markets gain as geopolitical concerns ease
April 23 Major stock markets in the Gulf rose in early trade on Tuesday, on course to recover some losses as fears of wider geopolitical…
The IMF and World Bank Spring Meetings: What to Know
The IMF and World Bank’s spring meetings will focus on the prospects for a soft landing after years of global economic turbulence. But major challenges…
Hong Kong investment banking giant launches first tokenized commercial paper on Ethereum
share In a landmark development, GF Securities, a leading investment banking giant based in Hong Kong, has announced the launch of Hong Kong’s first tokenized…
Turkey’s economic team holds first investor meeting since policy U-turn
Turkey’s new-look economic team met for the first time with international investors on Friday, with questions over how far it will hike interest rates to…
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Development banks can boost lending by $200 bln – Paris summit
PARIS – Multilateral development banks are expected to unlock $200 billion in extra firepower for emerging economies by running their balance sheets more tightly and…