India startups raise $11.3 billion venture capital funding in 2024
India saw a notable improvement in venture capital (VC) funding activity in 2024 compared to the previous year. While both deal volume and total funding value increased, the growth was particularly significant in terms of value. The number of VC deals rose by 6%, from 1,102 in 2023 to 1,168 in 2024, whereas the total...
South African Stocks Gain Ahead of Rate Decision
Today’s market analysis on behalf of Daniel Wesonga, Senior Sales Manager at Pepperstone
South African equities are maintaining positive momentum, with the JSE FTSE All Share Index rising by over 1% on Wednesday, bringing its one-year performance to a 14.72% gain. The health technology, consumer durables, and industrial services sectors were key contributors, advancing by 2.54%, 1.21%, and 1.19%,...
Banks in Qatar could see more consolidation
Qatar's crowded banking sector could see more consolidation triggered by pressure on banks' profitability from the coronavirus pandemic,...
Global largest banks lose $635bn in market cap amid pandemic
Data presented by Buy Shares indicates that 14 selected major global banks cumulatively lost $635.33 billion in...
To help establishments affected by the Corona pandemic, Palestine Monetary Authority launches $300 million "Sustainability" program to provide financing for SMEs
His Excellency the Governor...
COVID-19 Puts Over Half of 2020 Passenger Revenues at Risk
The International Air Transport Association (IATA) released updated analysis showing that the COVID-19 crisis will...