China, Hong Kong see surge in share market after $100 billion capital infusion
The Hang Seng Index rose 0.7 percent, while the Shanghai Composite Index surged 2.3 percent
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Temasek acquires$4.8 billion worth stake in BlackRock
The investment will make the Singaporean bank among the top five largest holders in BlackRock
The UK registers unexpected surge in home sales amid covid-19
The average asking prices in the UK is 4.6 percent in July and August
Adnoc to enter Indian lubricant market amid Covid-19 pandemic
The company’s net profits slumped 22.4 percent to Dh 910 million in the first quarter
Standard Chartered to launch virtual bank in Singapore
The launch will boost Standard Chartered’s digital strategy in Singapore
Brazil’s oil major Petrobras expands presence into Asia
Brazil imported an average of 1.07 million barrels per day of oil to Asian countries in Q1
Airtel, Standard Chartered partner to increase mobile financial services in Africa
The new partnership will allow both companies to develop innovative products and drive financial inclusion
ADIB records first quarter loss of Dh 587.6 million
The bank recorded a net revenue of DH 2.56 billion in the first quarter
MAS invests SGD 250 mn over next three years to boost economy
The original FTSI scheme was started in 2015 when the MAS injected $225 million for five years
Liberty Global to acquire Sunrise Communications for 6.8bn francs
With the new acquisition, the company’s revenue will be worth 3.17 billion Swiss francs