Türkiye is injecting about TL 107 billion (around $5.62 billion) in public banks in a capital boost sought to encourage lending in a move ahead of elections set for May…
economy
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EconomyfinancialInvestmentSaudi ArabiaTechnology
Saudi Venture Capital Launches $80m Saudi Fintech Fund
by Ryan Hughesby Ryan HughesCAIRO: Saudi Arabia’s booming fintech sector is set to be boosted by an $80 million investment fund launched by Saudi Venture Capital Co.. The ‘Investment in Fintech VC Fund’ was…
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BusinessDefenceEconomyEuropefinancialInvestment
Dutch Call on Eib and Pension Funds to Invest in Defense Sector
The Netherlands’s defense minister, Kajsa Ollongren, called on the European Investment Bank to invest in the defense industry and said the Dutch government is already putting pressure on pension funds…
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EconomyEuropefinancialInvestment
Investopia Brings Together Firms to Explore Investment Opportunities
by Arnav Perezby Arnav PerezThe global investment platform, Investopia, will hold its next event titled “Investopia Europe” on May 19 in Milan, the financial and business capital of Italy. The event will bring together…
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EconomyEuropefinancialInvestment
Italian Companies Reviewing Where and How They Keep Their Money
by Michael Loweby Michael LoweItalian companies are looking at the health of the banks they rely on in the wake of the current financial turmoil and turning more conservative over how they invest their…
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EconomyfinancialInvestmentQatarSaudi Arabia
Dubai Inflation Rises Close to 5% in February on Higher F&b Prices
by Michael Loweby Michael LoweIn line with the global trend, Dubai saw its annual inflation rate rising to 4.9 percent in February driven by an increase in food and beverages costs, the latest data from the emirate’s Statistics Center showed. …
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EconomyEuropefinancialInvestment
The $17 Billion Wipeout of Credit Suisse Bondholders Has Not Gone Down Well in Europe
by Ryan Hughesby Ryan HughesOne section of Credit Suisse’s bondholders is set to be wiped out following the struggling bank’s takeover by UBS, causing them to see investments worth 16 billion Swiss francs ($17 billion)…
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EconomyFeaturedfinancialInvestment
The Top 3 Mistakes You’re Making With Your TFSA
by Deon Nielsenby Deon NielsenTax-Free Savings Accounts took the Canadian personal finance world by storm when they were first introduced in 2009. Money invested in the account is allowed to grow tax free, making…
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EconomyEuropeFeaturedfinancialInvestmentNews
European Markets Recover on a Wild Day for Bank Stocks
by Michael Loweby Michael LoweEuropean markets ticked up Monday but bank stocks were mixed and volatile as investors assessed the significance of the near-collapse of Credit Suisse, one of the world’s most important financial…
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EconomyFeaturedfinancialfortofolioGlobal NewsInvestmentNewsUS
Risk-reward for Roblox “turned sharply negative” – Morgan Stanley downgrades, lowers target
by Michael Loweby Michael LoweMorgan Stanley analysts downgraded Roblox Corporation (NYSE:RBLX) to ‘Underweight’ from ‘Equal-weight’ and lowered their Price Target on the shares to $24 from $27.50, citing ‘slower growth in 2H and minimal…