July 19, 2023 European stocks saw an increase on Wednesday as UK inflation dropped more quickly than expected, further fueling hopes among investors that central banks might soon end their historic tightening measures. At the opening bell, the broader Stoxx 600 index in Europe rose by 0.5%, extending gains from the previous session. The CAC […]

July 20, 2023 China’s real estate sector, once a pillar of economic growth, is now grappling with a severe downturn, and the recent troubles of Dalian Wanda Group (DWG), the nation’s largest commercial property firm, have raised alarm bells across financial markets. Reports of financing troubles, credit rating downgrades, and imminent debt maturities have triggered […]

July 22, 2023 In 2018 , Indonesia banned the used of cryptocurrencies as a mode of payment for goods and services with in its jurisdiction but allows the investment in such assets.The investment in cryptocurrencies in indonesia boomed during the pandemic and data in june showed that as many as 17 million people have invested […]

Financial Stability Board (FSB) Introduces Global Regulatory Framework for Crypto, Recommending Guidelines to G20 Economies The Financial Stability Board (FSB), an international organization responsible for monitoring the global financial system, has introduced a comprehensive global regulatory framework for cryptocurrencies. These guidelines, recommended to the G20 countries, are based on the principle of “same activity, same […]

July 25, 2023 Clearwater Analytics, a leading provider of SaaS-based investment management solutions, has announced the upcoming launch of Clearwater-GPT, the world’s first generative AI technology for investment management. This innovative tool will provide AI-generated content for sales, service, marketing, IT, and client interaction, empowering Clearwater’s global clientele to analyze investment data more efficiently and […]

July 19, 2023 SC Giano Capital of Geneva ,Switzerland has announced that they are launching a 50 Million euros Later Stage Fund targeting the European market. Founded by serial entrepreneur Alberto Chalon and Andreas Wiele, who is from a media and tech executive background, the fund is proposed to be  invested in the European tech […]

In the second quarter, despite a slowdown in central bank purchases, the demand for gold bars remained high due to wealthy individuals and corporates seeking safe-haven investments. According to a quarterly report by the World Gold Council (WGC), gold demand increased by 7 per cent, reaching 1,255 tonnes in the three months leading up to […]

July 13, 2023 In a recent report released by the Saudi Public Investment Fund (PIF), it has been revealed that the fund suffered an investment loss of $11 billion in the year 2022. This significant loss has raised concerns about the fund’s investment strategy and its impact on the Saudi economy. According to the report, […]

July 13 2023 In recent years, China’s property market has experienced significant growth, becoming a crucial sector of the country’s economy. However, this rapid expansion has also led to rising concerns and protests among citizens who are facing challenges related to housing affordability and property rights. These protests have the potential to cause a substantial […]

July 13, 2023 Global shares achieved unprecedented record levels on Thursday, driven by a surge in investor optimism sparked by the possibility of the Federal Reserve halting its interest rate hikes. The S&P 500 reached a new peak in 2023, the Dow Jones Industrial Average traded 86.1 points higher, and the NASDAQ experienced a 1.15% […]