Silicon Valley’s General Catalyst makes first investment into Saudi Arabia through fintech Lean Technologies
Saudi Arabia’s fintech startups have raised over $1.84 billion in venture capital investments since 2018, according to the kingdom’s SME authority.
Bitcoin tops $89,000 as crypto euphoria over Trump win shows no sign of waning
Bitcoin hit another high Monday, as the rally in cryptocurrencies continued following President-elect Donald Trump’s election win.
Europe markets close higher at the start of a data-packed week
European stocks were higher on Monday, starting a data-packed week on a positive footing.
CNBC Daily Open: Trump kicked off the market rally, but he could also halt it
President-elect Donald Trump’s focus on the domestic economy has turbocharged the markets. But his proposed policies threaten to slow down the rally.
Trump tariff threat looms large on several Asian countries — not just China — says Goldman Sachs
Donald Trump’s recent victory is likely to see looming tariffs on China — but it may not be the only country subject to tariffs, according to Goldman Sachs.
China’s push for more babies lacks real incentives as demographic crisis deepens, analysts say
China’s efforts to bolster the birth rate have yet to address the core reasons for their rapid decline, analysts said.
Singapore Airlines shares fall 6% as profit nearly halves amid intensifying competition
The fall in profits was due to “increased capacity and stronger competition in key markets,” the airline said.
Singapore’s DBS eyes Malaysian bank stakes in expansion push, Reuters reports
Singapore’s DBS Group Holdings, is exploring expansion into Malaysia, considering acquiring stakes in local banks, Reuters reports.
CNBC Daily Open: Trump supercharged the markets, but his policies could make the rally sputter out
President-elect Donald Trump’s focus on the domestic economy has turbocharged the markets. But his proposed policies threaten to slow down the rally.
Asia-Pacific markets mostly slip as China data and stimulus fall short of expectations
China’s inflation came in at 0.3% in October, lower than the 0.4% seen in September
