by Jibran Munaf | October 15, 2024 | Finance
The International Monetary Fund (IMF) has announced that the world’s total public debt is set to exceed $100 trillion for the first time this year. The IMF attributes this unprecedented increase to political support for higher spending and the necessity of...
by Jibran Munaf | October 15, 2024 | Corporate Finance
Hyundai Motor India has raised $989.4 million from institutional investors, including BlackRock and Fidelity, as part of its $3.3 billion Initial Public Offering (IPO). This IPO is set to be the largest in India’s history, reflecting growing investor confidence...
by Jibran Munaf | October 13, 2024 | Editorials, Finance, Personal Finance
Bill Gates, co-founder of Microsoft (NASDAQ: MSFT) and one of the world’s wealthiest individuals, has focused much of his attention on philanthropy through the Bill & Melinda Gates Foundation. Despite this, the Foundation Trust has built a concentrated investment...
by Jibran Munaf | October 13, 2024 | Corporate Finance
JPMorgan Chase reported stronger-than-expected third-quarter earnings on Friday, driven by a 7% increase in revenue to $42.7 billion. Despite the positive financial results, CEO Jamie Dimon issued a cautionary note about escalating global threats and the challenges...
by Jibran Munaf | October 13, 2024 | Finance, Markets
China’s latest Finance Ministry briefing left investors frustrated, as the anticipated bold fiscal measures failed to materialize. Despite promises of more support for the struggling property sector and potential increased government borrowing, the absence of a...
by Jibran Munaf | October 12, 2024 | Finance, Markets
During a highly anticipated press briefing on Saturday, China’s Finance Minister, Lan Fo’an, indicated that the central government has the capacity to increase its debt and deficit. He stated that there is “rather large” room for a deficit increase, but emphasized...
