World Economic Magazine

BlackRock extends AGM vote choice to more equity index clients

BlackRock (BLK.N), the world’s biggest asset manager, said on Monday that clients owning nearly half of its $4.9 trillion in equity…

4 years ago

Dollar drives higher, yen tumbles to 1998 lows

The safe haven dollar gained towards fresh two-decade highs versus major rival currencies on Monday, supported by fears over a…

4 years ago

EXCLUSIVE New York City to auction sanctioned Venezuelan mogul’s apartment

New York City plans next month to auction a midtown Manhattan apartment owned by a Venezuelan media mogul with ties…

4 years ago

Ericsson shares fall on worries of bigger fine as U.S. SEC starts probe

Shares of Ericsson (ERICb.ST) fell 2.5% on Friday as the chance of it suffering a higher fine increased with the…

4 years ago

Explainer: What would Japan’s currency intervention to combat a weak yen look like?

Japan's government and the central bank are "concerned" about recent sharp yen declines and stand ready to respond as needed…

4 years ago

Analysis: Global investment banking faces tougher times after blockbuster year

A dearth of IPOs, a plunge in stock prices and slowing global economic growth are clouding the outlook for revenue…

4 years ago

U.S. banks finally see upturn in credit-card borrowing

Big U.S. banks including JPMorgan Chase & Co (JPM.N) and Citigroup (C.N) appear set for some earnings boost from a…

4 years ago

UK financial regulators to directly oversee cloud services

Britain's financial watchdog will have powers to make onsite visits to oversee cloud computing firms like Amazon (AMZN.O), Google (GOOGL.O) and Microsoft (MSFT.O) that provide…

4 years ago

Russian rouble firms towards 62 vs euro, stocks down

The Russian rouble firmed in early trade on Thursday, heading towards 62 against the euro on the Moscow Exchange, while…

4 years ago

Disney+ takes on rivals in Middle East streaming market

Disney+ (DIS.N) launched its steaming service in the Middle East and North Africa on Wednesday, vying for market share in a region…

4 years ago