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Global debt outlook “worse than expected,” IMF says
Public debts are expected to exceed 100% of global GDP by 2030
EMs heading for more sovereign defaults, S&P says
The Maldives and Argentina are currently at the top of the list of at-risk countries
Middle East PE and VC investments surge in 3Q
Israel led the region with 150 transactions, followed by the UAE (70), and Saudi Arabia (47)
US inflation cools, sets stage for modest rate cut in November
A 0.25% rate cut in November, with December still up in the air
Quara Finance names new chairman
Al-Shelash currently serves as al Khair Capital CEO.
Google faces prospect of restructuring following antitrust case
The Department of Justice is looking to potentially spin off some of Google’s divisions or share data with competition
Faced with a lack of clarity on stimulus package, Chinese equity boom stumbles
Chinese stocks let loose after stimulus plans were first unveiled late last month
Derivative-backed ETFs are taking off with retail investors
The new products are being touted by influencers as a quick way to make big gains on investments
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