Why substituting cryptocurrency for gold exposure may be a costly mistake
Viewing cryptocurrency as “digital gold” may be a mistake. State Street Global Advisors’ George Milling-Stanley, whose firm runs the world’s…
BlackRock returns to India, joining forces with Indian tycoon Mukesh Ambani’s financial arm
BlackRock has joined forces with the financial services arm of India’s tycoon Mukesh Ambani in what’s been referred to as…
India’s IDFC First Bank says merger will boost credit growth
India’s IDFC First Bank expects to see robust credit growth following its recent merger, according to managing director and CEO…
HDFC Bank director says Indian mega merger won’t face ‘insurmountable challenges’
The merger between India’s HDFC Bank and the Housing Development Finance Corporation (HDFC) will increase the entity’s customer base and…
A U.S. recession is coming this year, HSBC Asset Management warns — with Europe to follow in 2024
The U.S. will enter a downturn in the fourth quarter, followed by a “year of contraction and a European recession…
U.S.-India relations enter a new chapter and could unlock even more tech and defense deals
U.S.-India relations entered a new chapter as Prime Minister Narendra Modi and President Joe Biden announced a slew of technology…
Watch live: President Biden and India Prime Minister Modi speak at the White House
(The stream is slated to start at 12:45 p.m. ET. Please refresh the page if you do not see a…
Investors are eyeing China’s neighbors as the recovery from ‘zero-Covid’ slows
China’s lackluster economic recovery since emerging from strict “zero-Covid” lockdowns has caused weaker sentiment toward the country, prompting investors to…
World’s spy chiefs meet in secret conclave in Singapore
Senior officials from about two dozen of the world’s major intelligence agencies held a secret meeting on the fringes of…
India’s ties with Russia remain steady. But Moscow’s tighter embrace of China makes it wary
India’s relationship with Russia remains steadfast as both sides seek to deepen their economic ties. But Moscow has also grown…
