Financial markets
A finance consultant from Mulund, Mumbai, has lodged a complaint with the East Region Cyber Police after being cheated out of ₹74.35 lakh in an online share trading scam. According to the complaint, the victim was approached by a woman named Nikita Sharma through WhatsApp messages, who introduced him
Financial markets
Bangladesh's central bank has been actively intervening in the foreign exchange market to stabilize the exchange rate and prevent a sharp decline in dollar-taka pricing. As a result, commercial banks' foreign-exchange (forex) holdings have dropped to $3.94 billion in September, a decline of over 10% from
Financial markets
The Australian sharemarket is poised to open slightly weaker after a strong rebound on Thursday, as investors continue to grapple with fresh concerns about the health of US regional banks, ongoing US-China trade tensions, and the unresolved government shutdown in Washington. Wall Street faded after early gains, with the S&
Financial markets
Gil Mandelzis, CEO and Founder of Capitolis, has been selected by Goldman Sachs to receive the prestigious honor of being one of the Most Exceptional Entrepreneurs of 2025. This recognition comes at the 14th annual Builders and Innovators Summit in Healdsburg, California, where Mandelzis will be honored alongside other visionary
Financial markets
Dolmen City REIT, a prominent player in Pakistan's real estate investment trust sector, has reported a rate of Rs. 32.08 as of October 17, 2025, marking a slight increase from the daily weighted average rate of Rs. 31.93. The company, with a paid-up capital of Rs.
Financial markets
Gold prices have seen a significant surge, hitting $4,000 an ounce for the first time this week, with investors pouring in $9.3 billion into gold exchange-traded funds last month. However, this rally is taking place in a contradicting economic environment, with stock markets at record highs and bond
Financial markets
In a major milestone for sustainable urban finance, the Surat Municipal Corporation (SMC) has listed its Rs 200 crore Green Municipal Bond on the National Stock Exchange of India (NSE) in the presence of Gujarat Chief Minister Shri Bhupendra Patel. This is the first municipal corporation from Gujarat and only
Financial markets
The global record rise in the price of gold has investors and market participants on high alert, with experts pointing to geopolitical tensions, uncertainty in financial markets, and central bank policies as key drivers of this growth. In Azerbaijan, the price of gold has reached a historical maximum, exceeding $4,
Financial markets
During his visit to New York, Financial Secretary Paul Chan attended a luncheon hosted by the National Committee on United States--China Relations and the Hong Kong Economic and Trade Office, where he shared Hong Kong's economic developments and strategies to enhance the financial market, innovation, and technology, and
Financial markets
Flying Cement Company Limited, a listed company on the Pakistan Stock Exchange, experienced significant market movements on October 16, 2025, across various settlement types. The company's stock prices showed considerable fluctuations in the regular market, futures market, and square-off market categories. These variations in stock prices indicate the
Financial markets
Republic Power Group Limited, a provider of customized enterprise resource planning software solutions, consulting, and technical support services, has announced the closing of its initial public offering. The company issued 2,120,000 Class A ordinary shares at a price of US$4.00 per share, generating gross proceeds of
Financial markets
The Securities and Exchange Board of India ("SEBI") has introduced a series of reforms aimed at enhancing transparency and investor protection in the securities market. The updates, announced in the October edition of the Legalaxy newsletter, include amendments to the SEBI (Alternative Investment Funds) Regulations, 2012, and the
