Mainland Chinese investors snap up a record amount of Hong Kong stocks to play AI.
Mainland Chinese investors are piling into the Hong Kong stock market at record volumes as its tech-heavy Hang Seng Index trades around […]
Iran’s non-oil export to Qatar up 24% in 10 months on year.
The value of Iran’s non-oil export to Qatar increased by 24 percent during the first ten months of the current Iranian calendar […]
Hedge Fund Triata Gains 39% as DeepSeek Boosts Fund Returns.
A rally in Chinese stocks tied to excitement over DeepSeek and Unitree Robotics lifted returns of several hedge and long-only funds last […]
China’s imports tumble as demand skids, trade war heats up.
China’s imports unexpectedly shrank over the January-February period, while exports lost momentum, as escalating tariff pressures from the United States cast a […]
EU proposes $158 billion defense loan as Trump pulls back.
The European Union will propose extending €150 billion ($158 billion) in loans to boost defense spending as the bloc tries to adjust […]
Afreximbank, PAPSS partner with CARICOM Central Banks for cross-border payment.
The African Export-Import Bank (Afreximbank) and the Pan-African Payment and Settlement System (PAPSS) have formed a strategic partnership with the Caribbean Community […]
Co-CEOs at $31 billion homebuilder split the title—but one makes millions more than the other.
CEO number one is Stuart Miller, who is also Lennar’s executive chairman and has been with the company for some 40 years. […]
Saudi banks’ aggregate profit reaches $2.2bn.
Saudi banks posted strong financial results in January, with aggregate profits rising 16 percent year on year to SR8.14 billion ($2.17 billion), […]
Oil Updates — crude recovers as upbeat Chinese manufacturing data increases some optimism.
Oil rose on Monday as upbeat manufacturing data from China, the world’s biggest crude importer, led to renewed optimism for fuel demand, […]
Over 1,300 Saudi industrial licenses awarded in 2024, attracting $13.3bn investment, latest figures show
More than 44,000 new jobs are expected in Saudi Arabia after the Kingdom issued 1,346 industry licenses in 2024, an official report […]
Europe shaken as ECB system breakdown delays trillions in payments.
Banks encountered difficulties in handling payments on Friday due to an extraordinary, full-day malfunction of the European Central Bank’s (ECB) system that […]
China’s Manufacturing Grows Despite Economic Woes.
China’s manufacturing activity rebounded in February following a decline in the previous month, according to official data released on Saturday. The recovery […]