Nov 20, 2024 | Markets
Dubai’s financial hub is now home to family offices that control more than $1 trillion in assets, driven by the influx of high-net worth individuals over the past few years. “Family businesses contribute significantly to Dubai’s economy,” said Arif Amiri, the chief...
Nov 20, 2024 | Markets
Ex-media mogul testifies in security law trial for first time Trump, Starmer have talked about his case in recent weeks Hong Kong’s former media tycoon Jimmy Lai rebuffed allegations he colluded with foreign governments against China in his first testimony at a...
Nov 19, 2024 | Markets
Economists project 317,000 fewer EV registrations per year Morgan Stanley says EV adoption in US would slow but not stop Eliminating the US electric vehicle tax credit would dent future EV demand — perhaps by more than a fourth — while providing a trivial boost to...
Nov 19, 2024 | Markets
The president-elect’s pledges to slash the workforce could crater the local economy. But administrations have made these promises before. Whether President-elect Donald Trump orders hundreds of thousands of federal workers back to their Washington, DC, offices or...
Nov 19, 2024 | Markets
Under our three savings bucket scheme, “Slashing the Fat” would account for just $300 billion or 15% of DOGE’s $2 trillion per year savings target. Needless to say, however, even that small portion would be far easier said than done. That’s because unlike the case of...
Nov 18, 2024 | Markets
Tight spreads could be hiding borrowing costs, debt loads Corporate earnings, economic growth offer signs of strength Tight spreads may be obscuring corporations’ high borrowing costs and strained debt sustainability, marking signs of a possible bubble in US credit,...
