Tag: Finance

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Blackrock plans first China ETF product this year

BlackRock Inc plans to launch its first product in China's $220 billion onshore exchange-traded fund (ETF) market later this year and has started hiring staff...

Nexo and mastercard launch crypto-backed payment card

Crypto lender Nexo said that it has teamed up with global payments company Mastercard to launch on what it calls the world's first crypto-backed payment...

Generali rebel shareholder’s plan puts dividend targets at risk

The company's Chief Executive Philippe Donnet stated that the Rebel shareholders' business plan presented at Italy's largest insurer Assicurazioni Generali puts dividend targets at risk....

Carlyle raises $4.6 BLN

Carlyle Group Inc said that it has raised $4.6 billion for its second credit fund that provides debt financing to companies. This includes the family-owned...

Prosecutor urges ex- Goldman banker’s conviction over 1 MDB

A U.S. prosecutor urged jurors to convict a former senior Goldman Sachs banker for helping loot billions of dollars from Malaysia's 1MDB sovereign wealth fund....

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Hefei’s Rapid Industrial Growth Highlights China’s Economic Imbalance

Hefei has emerged as one of China’s leading centres...

Qualcomm and Amazon Forge Major AI Chip Partnership, Including $4 Billion Stock Warrant

Qualcomm has entered into a long-term partnership with Amazon...

RBI Withdraws Over ₹6 Trillion as Banking Liquidity Hits Record High

The Reserve Bank of India (RBI) absorbed more than...

Major Banks Unite to Develop Dollar Stablecoin for 2027 Launch

A coalition of 21 financial institutions, including Goldman Sachs,...

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