Record Asset Management GmbH (“RAM” or “the Company”), part of Record Financial Group (Record plc) to launch with OWI Group PLC, a global institutional sharia compliant investment platform, the world’s first Deep Tier Supply Chain Sharia-compliant fund with a...
This slowdown is attributed to weak performance in the manufacturing and mining sectors. India's economic growth decelerated to a near two-year low (seven quarters) of 5.4 per cent in the July-September quarter of the current fiscal year, according to data...
GDP report still showed that the American economy is proving surprisingly durable. The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving...
The group expects its net interest margin to normalise and see some pressure in Q4. CIMB Group Holdings reported a profit attributable to owners of the parent of $1.33b (RMB5.93b) in the first nine months of 2024, a 12.57% increase...
With 2nd straight month of cuts, base rate is at 2-year low of 3%. The South Korean central bank on Thursday lowered its base interest rate by 25 basis points to 3%, marking the second consecutive monthly cut and the...
Country's gross domestic product was $358B in July-Sept. Türkiye's economy grew by 2.1% in the third quarter of 2024 on a yearly basis, official figures showed on Friday. The country's gross domestic product at current prices reached 11.89 trillion Turkish liras...
The diamond industry, once a symbol of timeless stability, finds itself in a state of flux as prices for natural diamonds hit multiyear lows, driven by a mix of evolving consumer preferences, geopolitical upheaval, and the meteoric rise of...
The global energy transition, projected to cost €190 trillion by 2050, could see cost reductions of nearly 25% through the use of de-risking instruments, enabling innovative approaches to financing and refinancing green projects, according to a Deloitte study. Key investments...
Both goods, services trade activity rose after mixed second quarter. While global trade is now facing a looming threat posed by planned U.S. tariffs, merchandise and services trade across the G20 expanded last quarter, according to new data from the...
The lender says the improved results came amid strong growth in non-interest income, driven by improved core fees and insurance performance. Maybank’s net profit for the third quarter ended Sep 30, 2024, amounted to RM2.5 billion (US$559,9 million), up 7.6...
