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Fertiglobe could become Abu Dhabi’s third largest listing yet
Fertiglobe could raise as much as USD 830 mn through its IPO on the ADX, after the company said it…
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ACWA opens strong on Tadawul, share price skyrockets to upper limit
It was a fast start for ACWA Power on the Tadawul, with its share price shooting up its 30% limit…
Global debt reaches record USD 300 tn -IIF
Global debt reaches record USD 300 tn: There’s more debt around than ever before, though the debt-to-GDP ratio decreased for…
Desperate for returns, bond investors are buying the junkiest junk they can find
Ultra-low rates are driving investors hungry for yield into the riskiest types of debt, the Wall Street Journal reports. Faced…
Emerging-market currencies could see a selloff if US yield spike continues
Emerging-market currencies poised for selloff amid possible US yield spike? Developing-nation currencies may suffer losses amid a possible sharp rise…
Aramco hikes prices in Asia and the US + Nvidia’s Arm purchase hits hiccup
Saudi Aramco raised September oil prices for buyers in Asia and the US, in a show of confidence for a…
Investors pour into ESG bond funds in 2021
Demand for ESG bond funds is soaring: Some USD 54 bn was invested in ESG bond funds in the first…
US stocks suffer biggest weekly losses since February on Fed rate hike fears
US stocks sustained their worst weekly losses since February Friday, after the Fed's signal that it may hike interest rates…
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