The disruption of financial markets caused by the coronavirus crisis in recent months and the subsequent volatility in the industry has revived the long discussion about the need for Shariah-compliant hedging tools, namely derivatives, in the Islamic finance sector.
From nursing homes in New York and a landfill in Utah to Disney World and the Las Vegas Strip, employers are wrestling with workplace safety in the age of Covid-19 and making fraught calculations about how to safeguard both their businesses and their employees.
Indonesia’s central bank agreed to buy billions of dollars of sovereign bonds directly from the government to help it finance the fiscal response to the coronavirus pandemic.
Asian markets rallied out of the blocks yesterday, with further signs of economic recovery continuing to resonate with investors more than a surge in coronavirus infections across the planet.
When Zimbabwe suspended trading on its stock exchange last week, James Hove was left with no access to the funds he needs to conduct his business.
While much of Japan continues to debate the pros and cons of remote working, one of the country’s largest employers has made up its mind – and it could be a bad sign for the office sector.
The UK’s dominant accounting firms must separate their audit units from other operations by June 2024 as the country’s industry watchdog reacts to shortcomings that led to the collapse of several companies.
Jerome Powell isn’t “even thinking about thinking about” raising interest rates, but investors still wonder what it would take for the Federal Reserve chair to start taking his foot off the gas.
Uber Technologies Inc agreed to buy Postmates Inc for $2.65bn to expand in food delivery after the coronavirus pandemic cratered demand for ride-hailing, its main business, and an earlier attempt to acquire Grubhub foundered.
The proposed merger between Masraf Al Rayan and Al Khaliji will not only support profitability but also enlarge Islamic franchise and market share as well as give the required scale to support the retail banking ...
Qatar’s expected introduction of key fintech regulations will “further facilitate the buildup” of the digital banking ecosystem, KPMG has said in a report.