The Strait of Hormuz is back under ‘full-conflict conditions’ — and energy markets are scrambling

HSBC is the Middle East’s best sukuk house, recognised for its leadership across volume, innovation and execution, and its ability to deliver complex, Shariah-compliant solutions that continue to deepen and expand the region’s sukuk market. 2025 marked a record year for sukuk, with issuance exceeding $150 billion globally, driven by strong sovereign funding requirements across…

Companies building artificial intelligence infrastructure will increasingly seek financing from private credit, Jean Boivin, head of the BlackRock Investment Institute, said Tuesday (July 7). Speaking with Bloomberg Television, Boivin said that the world will have to “leverage up” due to the amount of investment required for AI infrastructure, and that companies will look to many…

Small Business Saturday is a great opportunity for local businesses to attract both new and existing customers eager to support their community. American Express reported that 59% of U.S. consumers took part in Small Business Saturday in 2023, contributing to their local communities in a meaningful way. By strategically preparing for this annual shopping event,…

Employees’ Provident Fund (EPF) subscribers can no longer activate their Universal Account Number (UAN) or generate a new UAN through the Employees’ Provident Fund Organisation (EPFO) member portal.   Following a major technology upgrade, both services have been shifted to the government’s Unified Mobile Application for New-age Governance (UMANG) app, where users must complete…

Open banking has been discussed as another way to move money, where debate over who controls the data that makes those payments possible is giving way to how that data is delivered, who bears the cost of maintaining secure application programming interfaces (APIs), and whether every data request should be treated equally. Those questions are…

After four years in exile, the prediction market platform Polymarket has begun a well-funded campaign to sell a new version of itself to the American public.To do so, the company is trying to convince policymakers, regulators, the public and prospective customers that the business it is building onshore is a more disciplined operation than the…