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UAE becomes world's third-largest holder of sovereign wealth and public pe
Updated : 8 months, 2 weeks ago IST
The United Arab Emirates now ranks third globally in total sovereign wealth and public pension assets, with a combined portfolio of USD 2.49 trillion (Dh9.17 trillion), according to the 2025 mid-year report by Global SWF.
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Opinion Trading platforms take off globally amid investor and user surge
Updated : 8 months, 2 weeks ago IST
Polymarket is reportedly in talks to raise USD 200 million in a new funding round that would value the company at more than USD 1 billion.
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China targets Taiwan's chip secrets with USD 24 billion acquisition plot
Updated : 8 months, 2 weeks ago IST
The Ministry of Economic Affairs (MOEA) announced on Wednesday that it will conduct a "thorough examination" of any proposed acquisition of the Taiwanese tech firm Source Photonics Co, Ltd, amid growing concerns about a Chinese company's interest in purchasing the Hsinchu-based firm, as repo
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Domestic investment up 53% in H1 2025; Institutional investment dropped 15
Updated : 8 months, 2 weeks ago IST
Despite a 15 per cent year-on-year decline, India's real estate sector attracted USD 3 billion in institutional investments in H1 2025, noted a recent report by Colliers.
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Indian companies paid USD 481,636 on average for cyber attack demands: Rep
Updated : 8 months, 2 weeks ago IST
Indian companies paid a median payment of USD 481,636 (over Rs 4 crore), spending an average of USD 1.01 million on recovery, highlighting the broader financial toll of ransomware cyber attacks, says a report by UK-based global security solution firm Sophos.
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Pakistan govt fails to meet export target for fiscal year 2024-25
Updated : 8 months, 2 weeks ago IST
According to data released by PBS, the volume of exports during the fiscal year 2024-25 was USD 32.106 billion, falling short of the government's target of USD 32.341 billion.
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Indian Rupee likely to trade in 85.25-86.25/USD range; India-US trade deal
Updated : 8 months, 2 weeks ago IST
The Indian rupee is expected to trade in the range of 85.25-86.25 against the US dollar in the near term, according to a recent report by Bank of Baroda.
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Rural India is transitioning swiftly from agri-centric economy to services
Updated : 8 months, 2 weeks ago IST
Rural India is showing strong signs of economic progress. A report from HDFC Securities suggests that in 112 rural districts, home to nearly 291 million people, the average income per person has now crossed USD 2,000.
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Gold loans have grown at CAGR of 20% in last 5 years: Report
Updated : 8 months, 2 weeks ago IST
India's gold loan market has increased from USD 33 billion in FY19 to USD 83 billion in FY24, growing at a compound annual growth rate (CAGR) of 20 per cent, according to Praxis Global Alliance report.
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Israel Tax Authority raises forecast for Oil and Gas levy profit
Updated : 8 months, 2 weeks ago IST
The Israel Tax Authority's forecast for oil and gas profit levy collection has risen to USD 57-74 billion.
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UN chief calls on world leaders to close USD 4 trillion financing gap faci
Updated : 8 months, 2 weeks ago IST
"We're here in Sevilla to change course," the UN chief told world leaders on Monday, calling on them to grasp a once-in-a-decade opportunity to close a USD 4 trillion financing gap facing developing countries to meet sustainable development goals - and build a better world for all.
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Taiwan breaks free from China dependence as US becomes top export market
Updated : 8 months, 3 weeks ago IST
Chiou's comments came after Taiwan's Ministry of Finance announced that exports hit a record USD 51.74 billion in May, fueled by surging global demand for artificial intelligence (AI) products.
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