In a fresh twist to the 1Malaysia Development Berhad (1MDB) scandal, the Malaysian state fund has launched a $1 billion legal claim against Amicorp Group and its CEO, Toine Knipping. The claim, filed in the British Virgin Islands, accuses Amicorp of facilitating over $7 billion in fraudulent transactions between 2009…
President-elect Donald Trump has hinted at a surprising reversal regarding TikTok’s operations in the United States. Speaking at AmericaFest in Phoenix, Arizona, Trump acknowledged the platform’s immense popularity during his presidential campaign, which garnered billions of views. “I think we’re going to have to start thinking because, you know, we…
The collapse of Bashar al-Assad’s government on December 8, 2024, will mark Syria’s future for years and decades to come. After 14 years of war, Syria’s economy is in ruins. 90% of its population lives in poverty, the Syrian pound has lost 99% of its value, and GDP has contracted…
Britain’s economy stalled in the third quarter of the year, according to revised official government data released on Monday. A preliminary estimate for the third quarter released by the ONS last month indicated that UK GDP grew by 0.1% during the period. However, final data published on Monday revealed flat…
As the global economy moves into 2025, the optimism of a post-pandemic recovery is fading. While 2024 saw central banks easing interest rates and stock markets reaching record highs in the US and Europe, significant challenges loom large. A burgeoning cost-of-living crisis, geopolitical tensions, and climate-related financial strain threaten to…
US President-elect Donald Trump has demanded that Panama reduce its canal fees for American ships or face calls to return the Panama Canal to US control. Addressing a crowd of supporters in Arizona, Trump criticized Panama’s pricing policies as “exorbitant” and “highly unfair,” claiming they impose an undue burden on…
In a fresh twist to the 1Malaysia Development Berhad (1MDB) scandal, the Malaysian state fund has launched a $1 billion legal claim against Amicorp Group and its CEO, Toine Knipping. The claim, filed in the British Virgin Islands, accuses Amicorp of facilitating over $7 billion in fraudulent transactions between 2009…
HDFC Bank’s share price has had a volatile time in 2024. After a rough start to the year, the stock has made some recovery in the second half of the year. Brokerage firm Emkay Global remains bullish on stock to continue its up move. The analysts have maintained the ‘buy’…
The collapse of Bashar al-Assad’s government on December 8, 2024, will mark Syria’s future for years and decades to come. After 14 years of war, Syria’s economy is in ruins. 90% of its population lives in poverty, the Syrian pound has lost 99% of its value, and GDP has contracted…
Hims & Hers stock price has greatly performed this year as it continued to disrupt the healthcare industry. HIMS has jumped by almost 200% this year, while other companies in the industry like CVS Health and Walgreens Boots Alliance and CVS Health, plunged. So, will the stock have more upside…