by Jibran Munaf | October 23, 2024 | Finance
Tokyo Metro shares surged 45% on their debut trading day following Japan’s largest initial public offering (IPO) in six years. The subway operator raised 348.6 billion yen ($2.3 billion) in its highly anticipated IPO, with shares priced at the upper end of the range...
by Jibran Munaf | October 23, 2024 | politics
The Kremlin has affirmed that it will not abandon Iran, even as Tehran faces the possibility of a direct attack from Israel. The tensions come as Israel escalates its response against Iranian-backed militant groups, Hamas and Hezbollah, currently involved in intense...
by Jibran Munaf | October 23, 2024 | politics
Chinese President Xi Jinping reaffirmed the strength of China’s relationship with Russia, emphasizing that their “profound” partnership would remain unchanged despite global geopolitical shifts. Xi made the remarks during a meeting with Russian President...
by Jibran Munaf | October 23, 2024 | Banking
Deutsche Bank’s shares dropped 4.3% on Wednesday after the bank’s return to profit in the third quarter fell short of investor expectations. The German lender posted a net profit attributable to shareholders of €1.461 billion ($1.58 billion), surpassing analyst...
by Jibran Munaf | October 23, 2024 | News
A prominent Chinese policy think tank has recommended the creation of a 2 trillion yuan ($280 billion) stock market stabilization fund, according to a report from the 21st Century Business Herald. The proposal, put forward by the Institute of Finance & Banking,...
