by Jibran Munaf | October 22, 2024 | Finance
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), stated on Monday that elevated prices are a permanent reality, exacerbating economic challenges tied to sluggish growth and mounting debt. Speaking at the Bretton Woods Conference, she...
by Jibran Munaf | October 22, 2024 | Finance
Central Huijin Investment Ltd., a subsidiary of China’s sovereign wealth fund known for stabilizing the stock market through equity purchases, has hit a milestone by issuing a record 207 billion yuan ($29 billion) in bonds this year. This marks the highest annual debt...
by Jibran Munaf | October 21, 2024 | Finance
India’s private credit sector is expanding rapidly, but a surge of new participants entering the direct-lending space is raising concerns about the potential erosion of lending standards. “We’ve seen a wave of first-time managers raising significant local capital,”...
by Jibran Munaf | October 21, 2024 | Corporate Finance
Investors seized the opportunity to pick up undervalued shares with a “Buy the dip” sentiment, propelling Nvidia to a new all-time high. A strong forecast from Taiwan Semiconductor (TSMC) reignited Wall Street’s enthusiasm for artificial intelligence (AI),...
by Jibran Munaf | October 20, 2024 | Economy, Finance
India’s surging economy is rapidly becoming the focal point of international financial discussions, with private credit and bonds poised to play a crucial role in the country’s growth story. As global index funds begin incorporating Indian bonds, some of the world’s...
by Jibran Munaf | October 19, 2024 | Banking, Corporate Finance
First Abu Dhabi Bank (FAB), the largest lender in the UAE, posted impressive financial results for Q3 2024, with a net profit of AED4.46 billion ($1.2 billion). This marks a 5% year-on-year (YoY) increase, driven by robust revenue growth that offset higher impairment...
