In a sign of a cooling labor market, U.S. job openings have fallen to their lowest level in over three years, according to the latest data from the Labor Department
Author: Farhan Ahmed
Red Sea Crisis Drags On, Slowing Down Global Economy
The Red Sea crisis, which began in October 2023 when Yemen’s Houthi rebels launched a series of attacks on Israeli and international shipping vessels, has shown no signs of abating, despite mounting pressure from the United Nations and regional powers.
Schwab Capitalizes on Higher Yields with a $2.5 Billion Bond Issue
Charles Schwab Corp. has announced plans to raise up to $2.5 billion through a debt offering, capitalizing on a recent surge in investor interest towards higher yields in the corporate bond market​​.
First Republic Bank Faces Possible Government Takeover
First Republic Bank faces mounting losses from the commercial real estate sector, causing concern as it scrambles to avoid a government takeover.
IMF Warns of “Perilous Phase” & Global Recession Risk in 2023
The International Monetary Fund warned on Tuesday that the world economy was entering a “perilous phase” of low growth and high inflation, and that there […]
Kyrgyzstan Beckons as an IPO Haven for Middle Eastern Companies
As the Middle East enjoys a remarkable IPO boom, Kyrgyzstan is emerging as an attractive destination for companies seeking to go public. With its array of IPO options, favourable regulatory environment, and access to the Central Asian market, Kyrgyzstan is well-positioned to become a hub for Middle Eastern companies looking to expand their reach and capitalize on the growing investment wave.