Islamic finance continues to be a significant and growing part of the global financial landscape, with a $3 trillion finance market. It offers alternatives to the mainstream UK financial structure that align with Shari’ah law, including ethical, interest-free finance. Continue reading
Garmin Ltd. (NYSE: GRMN) today announced it has acquired Lumishore, a privately-held company that designs and manufactures high-performance above and underwater LED lighting systems for boats. Continue reading
NAGA is excited to announce a major expansion of its financial education initiative, designed to provide knowledge and real-time insights to traders globally. By assembling a team of seasoned professionals with experience from some of the world’s most respected financial institutions, NAGA ensures that every user has access to top-tier education—no matter their background or location. Continue reading
Financial markets typically experience a period of volatility in the run to, during and following November’s US Presidential Election. Trade Nation’s low-cost, fixed spreads offering is considered a great salve, providing clients with the transparency and stability they need when trading and investing during times of uncertainty. Read more
Digital Asset, a leading provider of blockchain solutions, today announced that it has completed a collaborative initiative to successfully tokenize gilts, Eurobonds, and gold.
Euroclear, The World Gold Council, and global law firm Clifford Chance were among a broad group of pilot participants- which included investors, banks, CCPs, custodians, and a central securities depository. The aim was to demonstrate how tokenized assets on a blockchain can enhance collateral mobility, improve liquidity, and increase transactional efficiency. Continue reading
India is set to surpass the impressive mark of US$ 5.4 trillion in consumer spending by 2034, up from the current US$ 1.8 trillion, according to data from the World Data Lab analyzed by EBANX, a global technology company specializing in payment services for emerging markets. It represents a growth of 12% per year, three times higher than the projection for the United States, at 4%, and more than two times higher than the global average of 5%. This boost will place India as the third-largest market in the world in consumer spending, behind only the United States and China. Continue reading
China’s first digital-native bank, WeBank, and global management consulting firm Oliver Wyman have jointly launched a new report titled “Global Digital Banking: Development and Innovation Trends”. The report offers an in-depth analysis of the development of global digital banks and insights into the future trajectory and competitive landscape of the industry. Continue reading
Amid a global economic slowdown, market volatility, geopolitical shifts and monetary easing, the global IPO market in Q3 2024 has shown signs of cautious optimism. Despite a dip in year-over-year (YOY) volumes by 14% to 310 IPOs and proceeds by 35% to US$24.9b, Q3 did modestly outpace the first two quarters of 2024 in IPO launches. Continue reading
Analysis of British Geological Survey data from LexisNexis® Risk Solutions, the data, advanced analytics and technology provider to the insurance market, reveals that with the current climate trajectory, approximately 1.2 million more homes in England are at risk of subsidence issues by 2050ii. This is a 27% increase to the estimated 4.5 million households already at subsidence risk today. Continue reading