Goldman Sachs slashes China’s ’24 economic growth
Global investment banks Goldman Sachs and Citigroup have revised their full-year projections for China's economic…
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Citigroup Inc.
HSBC acquires China’s Citigroup’s consumer wealth portfolio
HSBC boosts its presence in mainland China by acquiring Citigroup's consumer wealth portfolio, adding over 300…
S. Arabia raises $5b in sukuk
Saudi Arabia has successfully raised $5 billion through the issuance of dollar-denominated sukuk, aiming to address…
Mastercard, US banks test tokenised settlement
Mastercard Inc. is teaming up with some of the largest US banks to explore shared-ledger technology, enabling the…
Abu Dhabi raises $5b from eurobond market after 3-yr hiatus
Abu Dhabi has entered the Eurobond market for the first time since 2021, raising a substantial $5 billion in what…
Abu Dhabi to re-enter eurobond market after 3-yr absence
Abu Dhabi is entering the eurobond market for the first time in roughly three years, a move prompted by diminishing…
Swiss c. bank likely to cut rates
A small group of banks anticipate that Switzerland's policymakers will defy predictions and decrease interest…
Zee shares drop 33% after Sony calls off deal
Zee Entertainment Enterprises Ltd. witnessed a drop of 33 per cent after Sony Group Corp. announced the termination…
S. Arabia borrows $12bln in bonds
Saudi Arabia has raised $12 billion from foreign debt, marking its biggest borrowing since 2017, during a…
Citigroup predicts U.S. Fed to soar interest rate in Nov
Citigroup expects the U.S. Federal Reserve (the central bank of the United States) to raise its key interest rate…
