Category: Markets

Syria’s Acting Finance Minister Faces Daunting Economic Challenges

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Following the recent overthrow of President Bashar al-Assad by Islamist rebels, Syria’s acting finance minister, Riad Abd El Raouf, is confronting significant economic hurdles. Appointed by Assad in September 2024, Raouf, 49, is… Continue reading Syria’s Acting Finance Minister Faces Daunting Economic Challenges

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World Bank Revises China’s Economic Growth Forecasts for 2024 and 2025

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The World Bank has revised its projections for China’s economic growth, signaling optimism for the country’s recovery prospects. The updated figures suggest the economy will grow by 4.9% in 2024, an improvement from… Continue reading World Bank Revises China’s Economic Growth Forecasts for 2024 and 2025

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OpenAI Reveals Plans To Operate With New Structure For Startup Growth

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. OpenAI stated that it will change to a new for-profit setup. The company will build a public benefit corporation to run its business operations, eliminating some rules from its nonprofit setup and allowing… Continue reading OpenAI Reveals Plans To Operate With New Structure For Startup Growth

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Sumitomo Mitsui Plans Record Profit For Next Year

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Sumitomo Mitsui Financial Group (SMFG), a leading Japanese bank, said it could earn over 1.2 trillion yen ($7.65 billion) in next fiscal year beginning April 2025. This amount would be its highest-ever profit.… Continue reading Sumitomo Mitsui Plans Record Profit For Next Year

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Terraform Labs Founder Do Kwon Extradited to US for Fraud Charges

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Do Kwon, a well-known name in the crypto world, will soon be extradited to the United States after a decision by Montenegro’s justice system. The news comes after many months of legal battles… Continue reading Terraform Labs Founder Do Kwon Extradited to US for Fraud Charges

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Influential Business Leader Richard D. Parsons Passes Away at 76

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Richard D. Parsons, the well-known business leader, died on Thursday, 26th December, at the age of 76. Parsons was recognized for his work at Time Warner. The company said he helped with some… Continue reading Influential Business Leader Richard D. Parsons Passes Away at 76

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HomeStreet Bank Sells $990 Million In Commercial Real Estate Loans To Bank Of America

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. HomeStreet Bank reportedly sold nearly $990 million worth of its commercial real estate loans to Bank of America. The Seattle-based bank said the deal would help it return to making money and reduce… Continue reading HomeStreet Bank Sells $990 Million In Commercial Real Estate Loans To Bank Of America

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Binance Focuses On India’s Crypto Leadership By Next Year

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. India’s stance on cryptocurrency regulation is attracting worldwide attention. The nation has seen significant progress in crypto adoption this year, with Bitcoin recently reaching a record-breaking price of $108,000. According to Vishal Sacheendran,… Continue reading Binance Focuses On India’s Crypto Leadership By Next Year

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