As economies recover from the pandemic, there still lies the looming threat of rampant inflation. This risk has provoked investors’ appetite for inflation-hedging commodities. Precious metals which include gold, silver, platinum, and palladium are an attractive asset class that not only have lucrative potential but also serve as an effective diversification tool due to its low correlation with equity markets.
Recently, there has been supply shortages of natural gas and coal, thus propelling an extreme surge in their prices. China’s industrial sector and major provinces are currently dealing with power shortages and Europe is currently facing a supply shortage. As winter approaches, it has prompted them into an all-out global bidding war for these power-producing fuels.
Evergrande is the second largest property developer in China. The company currently has 1,300 ongoing projects in more than 280 Chinese cities. However, this Fortune 500 company is in trouble, with ramifications that could reach all parts of the world.
Defining the space industry can be difficult, as it includes not only space technology itself but the commercial opportunities that are generated from observing and using space. The OECD has defined the space economy as “the full range of activities and the use of resources that create and provide value and benefits to human beings in the course of exploring, understanding, managing and utilising space”.
Many cities submit their application for the Olympic bidding process, with five cities bidding to be host to the 2024 Olympic Games. As such, you would seem to think that the economic impact of hosting the Olympics would be a positive one. However, most cities have fallen into debt after hosting the Games.
Square’s AU$39 billion acquisition of Afterpay, the largest public mergers and acquisitions deal in Australian history and largest cross-border fintech deal in global history, is a game-changer for the fintech sector.
Bitcoin and other cryptocurrencies, such as Ethereum and Cardano, have continually been reaching all-time highs during the current bull run. However, as of late, cryptocurrency traders and investors have been riding the wild, volatile crypto rollercoaster.
Market manipulation has always been a problem in the financial market space. One of the most significant forms of legal market manipulation in recent times is illustrated through Elon Musk – specifically via his public tweets regarding cryptocurrencies.
The interest in special-purpose acquisition companies or SPAC has grown exponentially in the past year. Many companies are choosing to go public through these types of companies instead of a traditional initial public offering.
With rapid advancements in technology, coupled with strong shifts away from physical workplaces and face-to-face interactions, the world has become increasingly digital in all forms of life. One major change we have seen is the boom of digital banking, also known as ‘neobanking’.