SBI Funds Management IPO Sees 2.77x Subscription on Day 2

The SBI Funds Management IPO, valued at Rs 9,813 crore, entered its final day of subscription…

BlackRock Reports 39% Drop in Crypto Holdings Value

BlackRock's cryptocurrency holdings saw a significant decline, with their value decreasing by 39% amid a backdrop…

Fed Chair Warsh Opposes Bailouts, Sees AI Economic Growth

Federal Reserve Chairman Kevin Warsh expressed his desire to limit the central bank's involvement in bailouts…

Hong Kong’s Pension Fund Reports June Loss, First-Half Gains

Hong Kong's Mandatory Provident Fund (MPF) reported a loss of HK$24.4 billion (US$3.12 billion) in June,…

JPMorgan Names Troy Rohrbaugh, Doug Petno as Co-Presidents

JPMorgan Chase & Co. announced on Thursday the elevation of Troy Rohrbaugh and Doug Petno to…

Uzbekistan’s Record IPO Sparks Interest in Financial Reforms

Uzbekistan's recent public market transaction, which raised more funds than all previous IPOs combined over the…

Shanghai’s Offshore Finance Ambitions Challenge Hong Kong’s Dominance

Beijing's push to enhance Shanghai's offshore financial capabilities raises questions about Hong Kong's long-standing supremacy in…