World Economic Magazine

U.S. pending home sales unexpectedly rise in May

Contracts to purchase previously owned U.S. homes rose by the most in 11 months in May driven by a decline…

5 years ago

Fast and furious first half of 2021 keeps financial markets at full throttle

After the unprecedented pandemic-driven swings in global financial markets last year 2021 was never going to be dull, and so…

5 years ago

EXCLUSIVE Crypto billionaire Novogratz leads funding for virtual real estate firm

Galaxy Interactive, the venture capital division of billionaire crypto investor Mike Novogratz's Galaxy Digital, has taken a lead investor role…

5 years ago

After $4.4 bln New York IPO, founders of China’s Didi eye global growth

From working at a foot massage company to setting up China's biggest ride-hailing firm, Will Wei Cheng has navigated several…

5 years ago

Five market trends investors are eyeing halfway through 2021

Investors have enjoyed a rewarding ride in the first half of 2021, as unprecedented economic stimulus, stellar earnings growth and…

5 years ago

EXCLUSIVE Scandal-hit Credit Suisse considers creating single private bank -sources

Credit Suisse (CSGN.S) is considering centralising the management of its bankers to the world's wealthy, replacing a regional structure, three…

5 years ago

UBS joins peers to track how lending affects environment, jobs

A group of banks, including UBS (UBSG.S) and Singapore's DBS (DBSM.SI), on Wednesday announced plans to create a new way…

5 years ago

Orange to launch experimental 5G network amid telecom rush to the cloud

Orange (ORAN.PA) said on Wednesday it will launch an experimental 5G network using a cloud-based open platform and artificial intelligence…

5 years ago

What inflation? Pandemic leaves emerging Asia’s consumer recovery behind

Asia's once fast-growing economies are struggling with weak domestic demand that is keeping a lid on inflation in contrast to…

5 years ago

EXCLUSIVE ChemChina seeking $10 bln in Syngenta IPO, likely world’s biggest float of 2021

ChemChina is aiming to raise around $10 billion from a Shanghai IPO for Swiss agrichemical giant Syngenta Group, in what…

5 years ago