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Markets rally on hopes of a June rate cut
Investors anticipate a June rate cut after Powell’s comments
Infini Capital to manage ADGM Asian hedge fund
The Hong-Kong based Infini Capital secured preliminary approval to manage the fund
Dubai clarifies foreign bank tax levies post-corporate tax
Foreign banks licensed to operate in the DIFC are exempted from the 20% levy
UBS CEO blames European regulations for giving US banks the upperhand
“Europe did everything they could have done to not allow banks to be bigger or successful” following the financial crisis,…
BTC hits fresh all-time high before tumbling nearly 10%
BTC ends month-long rally with record-high price: The world’s largest cryptocurrency surged to a record high yesterday, driven by strong…
Nvidia overtakes Aramco as world's third largest company
The company’s stock has surged nearly 70% this year already
Fed’s Jerome Powell expected to fend off hopes of an imminent rate cut
The Fed is in no hurry to cut rates: US Federal Reserve Chief Jerome Powell is widely expected to deliver…
Nasdaq hits a fresh record
The index is up 7.2% y-t-d
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