Economy - Global Business Magazine

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Singapore bank DBS suffers two-day tech outage, says deposits safe

Global Business Magazine November 24, 2021

DBS Group Holdings Ltd (DBSM.SI), Southeast Asia's largest bank, assured customers on Wednesday that their deposits and monies were safe as Read More

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Analysis: Made in Canada: Factories see silver lining in supply chain woes

Global Business Magazine November 24, 2021

Global shipping and supply chain bottlenecks are encouraging Canadian firms to bring production back home, but some companies would have to absorb Read More

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Factbox: Wall Street analysts’ 2022 outlook for S&P 500

Global Business Magazine November 24, 2021

Research analysts of global banks have begun to roll out their predictions for the U.S. equity markets for 2022. The S&P 500 Read More

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EXCLUSIVE Investor Warburg cuts Ant valuation by 15% to below $200 bln – source

Global Business Magazine November 24, 2021

Warburg Pincus, a major global investor in Ant Group, has cut its valuation of the Chinese fintech company by 15% to below $200 billion Read More

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Saudi index leads major Gulf bourses higher in early trade

Global Business Magazine November 24, 2021

Major stock markets in the Gulf rose in early trading on Wednesday with the Saudi index leading the gains on the back Read More

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Explainer: What is happening with U.S. gasoline prices?

Global Business Magazine November 24, 2021

The United States uses more gasoline than any other nation in the world, and lately Americans have grown concerned about the swift Read More

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Transparency of ESG investment ratings faces regulatory scrutiny

Global Business Magazine November 23, 2021

Market regulators set out a global framework on Tuesday to police environment, social and governance (ESG) investment ratings and help combat 'greenwashing' Read More

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Citigroup to create 100 roles in digital asset push

Global Business Magazine November 23, 2021

Citigroup (C.N) is looking to create 100 roles focused on digital assets including blockchain and digital currencies at its institutional division, the Read More

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What you need to know about the coronavirus right now

Global Business Magazine November 23, 2021

Here's what you need to know about the coronavirus right now.Read More

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Zoom shares fall after results as Wall Street turns cautious on growth

Global Business Magazine November 23, 2021

Zoom Video Communications Inc's (ZM.O) third-quarter revenue growth rate slowed to 35% as demand for its video-conferencing tools eased from the pandemic-fueled Read More

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