S&P Global Ratings raised India’s sovereign credit rating in mid-August from BBB- to BBB, one notch above its lowest investment-grade rating. The rating agency had moved India’s rating to a positive outlook in March, but the upgrade itself came after a gap of 18 years. S&P cited the Indian government’s sound fiscal management, strong GDP […]
Corporate treasury teams are increasingly embracing AI to manage volatile foreign exchange (FX) risk—a shift supported by real-world results that demonstrate both cost reduction and strategic gains. The key takeaway for corporate treasury teams: AI-powered FX hedging isn’t just theoretical; it has delivered real, measurable savings for a major airline. In a recent pilot, Citigroup […]
The labor market may be cooling, but employers are still planning on giving out above-average raises next year. Businesses say they’re increasing their salary budgets by about 3.5% in 2026, according to several recent reports. That’s a slight uptick from the pre-pandemic norm of 3%. “With turnover slowing, companies are getting more strategic about where […]
The Federal Open Market Committee (FOMC) meeting on September 17 is likely to bring an interest rate cut. Although analysts expect a modest trimming amid concerns over unemployment figures, this would mark the first time in 2025 that the Fed opted to lower rates. As such, the market is anticipating some relief in this area, […]
Western European banks are redefining digital banking with personalized, seamless, and lifestyle-oriented solutions. In Western Europe, top banks are developing comprehensive digital banking solutions that cater to a wide range of customer needs, thereby enhancing the overall banking experience. For instance, Eurobank offers an extensive suite of mobile wallets, investment tools, and account-aggregation services. Turkey’s […]
Talk about a reversal of fortunes. Barely two weeks after US President Donald Trump called for the resignation of Intel CEO Lip-Bu Tan on account of his alleged conflicts of interest, Tan sold a 10% stake in the chipmaker to the US government. In a Truth Social post on Aug. 7, Trump wrote, “The CEO […]
Oh, fall in Texas. We pull on sweaters even when it’s 85 degrees, decorate with all the shades of autumn leaves (since ours stay stubbornly green), and start planning Halloween in September. And don’t even get me started on the candles. But without a doubt, my favorite part of the season is baking. Every year, […]
AST SpaceMobile Today $42.41 +0.55 (+1.31%) As of 09/5/2025 04:00 PM Eastern 52-Week Range $17.50 â–¼ $60.95 Price Target $45.98 The S&P 500’s communication services sector is enjoying a strong year. Its 16.79% YTD gain is tops among all 11 sectors, with some big-name companies leading the way. T-Mobile US NASDAQ: TMUS is up nearly 15%, AT&T […]
While most investors are familiar with stocks, many might not be fully aware of REITs, or real estate investment trusts. These are companies that own and operate income-producing properties, structured to pay out the bulk of their profits as dividends. They have long appealed to investors seeking both diversification and additional income. By law, REITs […]
Banks in the Asia-Pacific region are pushing boundaries with bank-to-enterprise API connections, AI-powered insights, and the integration of generative AI (GenAI) as a driver of efficiency. Taiwan’s CTBC Bank leads with direct bank-to-enterprise API connections for seamless enterprise resource planning transactions, an app that is friendly for SMEs to use for paperless operations, and real-time […]