Search Result for 'COVID'

With global economy getting ravaged from the coronavirus pandemic and trying to recover from the setbacks, ...

Saudi Arabia’s $300 billion sovereign-wealth fund has turned out to be one of the largest bargain hunters, buying ...

As a part of a major investment amid Covid-19, Intel Capital announces of investing $132mn in ...

Global financial markets are feeling the pain from the Covid-19 pandemic crisis with further warning that ...

In a statement on Monday, Malaysia’s Axiata’s Group Bhd AXIA.KL declared of having secured a sum ...

In the event of announcing reductions in oil supply, energy minister of United Arab Emirates said ...

 In its China life insurance joint venture, HSBS Holdings enters to buy the remaining 50%  stake to fully own the company as China gears up its markets by removing foreign ownership  restrictions on foreign funded insurance companies.   This agreement will help HSBC to expand its mark in China, as part of CEO Noel Quinn’s plan  to boost the company’s business and enhance its investments and capital to Asia. In a  statement, Quinn tells that they are trying to make steps in their growth strategy, despite the  coronavirus pandemic, and that the transaction will help boost the ambition of accelerating  growth in their Asian franchise and further extend their capabilities in wealth.   As part of its broad overhaul announced earlier on February, HSBC, Hong Kong had turned its  focus on growth markets such as mainland China and Hong Kong.   After U.S. and Japan, China’s insurance comes third with an estimated $318bn in premiums,  and with current reforms in ownership restrictions, HSBC joins the list of companies as foreign  fully-owned insurers in mainland China. China opened its asset-management markets for wider  foreign firms and companies on April 1st this year despite the ongoing Covid-19 crisis.   

Giving a cautious optimism for the real estate sector, the Saudi Real Estate Index increased by 1.2% in the ...

In a collaboration to address financial concerns for fintech firms, the Singapore FinTech association (SFA) and ...

JP Morgan Chase and Co. Chief Executive James Dimon predicts a bad recession in the U.S. ...