China seen as firewall in emerging economies’ currency crisis
CHINA is the last bulwark against a deep crisis in emerging economies going fully global, analysts say, although a prolonged trade war could sap Beijing’s defences. Emerging countries – loosely defined More...
Cash still the king. Cash savings highest in a decade
The surge in cash savings at the cost of deposit growth has helped prop up financial assets, according to RBI. Demonetisation seems to have had no impact on cash savings by the Indian household, Savings are again More...
This week in banking: Cash remains the king post demonetisation, says RBI
Whether demonetisation was a success or failure, today, cash remains the king as there is more of it in the economy than there was on November 8, 2016. Indian households are saving more now, a large part being More...
Survey insight: What is everyone investing in?
Recently we surveyed our readers on where they like to invest it was found that most UAE residents invest in real estate (36.4%), some invest in commodities such as gold and silver (9.1%) and in other countries, More...
What Investors Need to Know About Investing In Marijuana Stocks
Marijuana has come a long way since California legalized cannabis for medicinal use back in 1996. Today, the industry and marijuana look to be on the cusp of unprecedented acceptance, with major international giants More...
Riyadh to seek $11bn in bank loans after Saudi Aramco IPO stalls
Mohammed bin Salman, Saudi Arabia’s crown prince, is seeking an economy less dependent on oil © Bloomberg Saudi Arabia’s sovereign wealth fund is primed to choose international banks to lend it $11bn, More...
RBI net sells $6.184 bn of US currency in June
Reserve Bank of India continued to remain net seller of the US currency for the third consecutive month in June, after it sold $6.184 billion of the US dollar in the spot market, RBI data showed. During the reporting More...
UpWork Quarterly Index Reveals Top Skills in Demand from Freelancers
The freelancer market is maturing and businesses no longer have any misgivings about hiring someone from this workforce. The Q2 2018 Skills Index from Upwork has revealed the skill sets for freelancers are now More...
Wow! African American Small Business Ownership Up 400% in a Year, Survey Reveals
The number of African American small business owners in the United States has increased by a staggering 400% in just a year. This was the finding of a survey from the small business financing company, Guidant Financial. The State More...
New Amazon Program Could Put You in the Package Delivery Business
As the number of shipments by Amazon (NASDAQ: AMZN) continues to grow, the company is looking to outsource the delivery of those packages. Amazon just announced a new program called Amazon Delivery Service Partners so More...