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Stock market rallies convince analysts of global risk reset
The S&P 500 hit another record high yesterday as traders looked past a US inflation report that saw prices rise…
Private equity grapples with USD 3 tn worth of unsold companies
The private equity industry is facing a severe liquidity crunch, with firms globally sitting on a whopping 28k unsold companies…
An almost record year for Saudi Aramco, despite waning oil prices and production cuts
Saudi’s Aramco recorded its second-highest annual net income ever in 2023, despite falling 25% y-o-y to USD 121 bn on…
Markets rally on hopes of a June rate cut
Investors anticipate a June rate cut after Powell’s comments
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…
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