FeaturedTechnologyIF Insights: Who is leading the global 6G race?IFM CorrespondentJuly 25, 2024 by IFM CorrespondentJuly 25, 2024 Experts estimate that 6G will be a hundred times more powerful than 5G, with microsecond latency and terabit-level speed possible... Read more
Business LeadersFeaturedBusiness Leader of the Week: Under Georges Elhedery, HSBC eyes shift towards growthIFM CorrespondentJuly 19, 2024 by IFM CorrespondentJuly 19, 2024 Georges Elhedery’s appointment as CEO comes less than two years after he was promoted to CFO in January 2023... Read more
FeaturedTransportIF Insights: Despite strong sales data, challenges still aplenty for American electric vehicles sectorIFM CorrespondentJuly 4, 2024 by IFM CorrespondentJuly 4, 2024 The price difference between internal combustion engines operating on fossil fuels and electric vehicles has shrunk so quickly that upfront sales prices are hardly different... Read more
FeaturedWealth ManagementGood days ahead for Saudi Arabia? Around 300 millionaires to relocate to KingdomIFM CorrespondentJuly 1, 2024 by IFM CorrespondentJuly 1, 2024 By the 2024 end, the United States and Singapore will have welcomed 3,800 and 3,500 millionaires, respectively, making the UAE the top destination... Read more
FeaturedWealth ManagementGulf-based sovereign wealth funds spent USD 2.3 billion in China in 2023IFM CorrespondentJune 28, 2024 by IFM CorrespondentJune 28, 2024 Gulf sovereign wealth funds have been making tangible steps to realise the two-way investment corridor with Hong Kong as a gateway to China... Read more
FeaturedTradingIF Insights: EU talks tough at China on trade front, but at what cost?IFM CorrespondentJune 20, 2024 by IFM CorrespondentJune 20, 2024 China has already built a solid domestic manufacturing ecosystem for its EV industry, and companies are simply reaping the benefits of it... Read more
Banking and FinanceCover StoryMagazineCBDCs: Threat or Opportunity?IFM CorrespondentJune 17, 2024July 1, 2024 by IFM CorrespondentJune 17, 2024July 1, 2024 Some 87 countries, or more than 90% of the world's GDP, are exploring the possibility of CBDCs... Read more
EconomyFeaturedPhilippine economy to triple by 2033, says country’s Finance SecretaryIFM CorrespondentJune 3, 2024June 2, 2024 by IFM CorrespondentJune 3, 2024June 2, 2024 Going forward, the Philippines is predicted to continue growing faster than the economic superpowers in the Asian region... Read more
FeaturedFinanceTo boost domestic semiconductor sector, China sets up third fund with USD 47.5 billionIFM CorrespondentMay 30, 2024 by IFM CorrespondentMay 30, 2024 China must become self-sufficient in semiconductors, according to President Xi Jinping... Read more
Business LeadersFeaturedBusiness Leader of the Week: Meet Leonid Mikhelson, CEO of Russian energy giant NovatekIFM CorrespondentMay 24, 2024May 24, 2024 by IFM CorrespondentMay 24, 2024May 24, 2024 According to Forbes, as of 2024, Leonid Mikhelson's net worth is around 2,900 crores USD... Read more