Bitcoin’s march toward $100,000 made further ground as investors bet a friendlier US regulatory approach to cryptocurrencies under President-elect Donald Trump will unleash a boom era for the asset class. Bitcoin prices topped $95,000 for the first time in Asia trade, touching a high just above $95,040. The cryptocurrency’s price has more than doubled this
The UAE is setting the standard for Middle Eastern banking innovation, commanding the largest share of the region’s $3.2 trillion in banking assets and driving rapid digital growth that places the country at the forefront of financial transformation. A new report from Arthur D. Little (ADL) underscores the UAE’s influential leadership in digital banking and
Nongfu Spring, which says it is China’s largest packaged-water producer by market share, has been awash in problems, including online attacks and a fierce price war in China’s bottled-water market. Its stock tumbled 28% in the past year, resulting in founder and chairman Zhong Shanshan’s wealth evaporating by $9.3 billion to $50.8 billion. Despite this,
With over two decades of experience steering high-net-worth clients through volatile markets, Paul Lee has established himself as a leading figure in wealth and investment management. His journey has seen him excel across top-tier institutions such as Credit Suisse AG and Barclays Wealth & Investment Management, earning the trust of clients who have remained with
Arshad Khan, famously known as ‘Chaiwala’, has achieved a remarkable milestone in his business journey by securing a Rs 10 million investment for his tea brand on the Pakistani version of Shark Tank. Known for his striking blue eyes and humble beginnings as a tea vendor, Arshad captured the nation’s attention in 2016 when a
Hong Kong resumed its half-century run as the world’s freest economy, wresting the title from rival Singapore, according to a Canadian researcher. Hong Kong’s score of 8.58 edged out Singapore’s 8.55, according to the Fraser Institute’s latest Economic Freedom of the World report, covering 2022. Last year, the researcher announced that Hong Kong had ceded
A passionate advocate for financial independence and social change, Hana Hamzeh founded Fifreedomtoday to provide practical tools and strategies for Arab youth to help them navigate their financial journeys. The media platform today, embodies a vision of financial empowerment and purpose-driven living, which goes beyond wealth building. In an interview with Business Frontier, Founder &
With over 40 years of experience advising global giants such as bp, Toyota, and Merck, Bruce Piasecki has consistently championed the integration of wealth creation and environmental responsibility. The President and Founder of AHC Group, a management-consulting firm, Piasecki continues to cultivate leaders who prioritise sustainability in their business strategies through his workshops, writings and
Driven by a deep commitment to ethical behaviour and organisational integrity, Chief Compliance Officer Yashwant Singh has built a distinguished career in compliance. With a keen eye for detail and a passion for navigating the complexities of laws and regulations, he plays a pivotal role in ensuring that business operations align with both internal and
Mercer, a global leader in redefining the world of work, reshaping retirement and investment outcomes, and a business of Marsh McLennan, has expanded its presence in the Emirates with the opening of an onshore office in Abu Dhabi, located in the Aldar Headquarters, Al Raha. The addition of this onshore presence in the city of
