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Tag Archives: investment:

Assets of world’s largest investment manager hit record $10trn

BlackRock has become the first public asset manager with assets reaching the $10 trillion milestone, reinforcing the company’s position at the top of the entire sector. Assets under management stood at $10.01 trillion at the end of the quarter, up from $8.68 trillion recorded a year earlier. The surge is …

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Taliban weed about to attract millions in foreign investment

CPharm International (ECI), a German research and development firm, has said it is planning a multi-million-dollar investment in Taliban-controlled Afghanistan, with the aim of producing weed for medical purposes. Following an unfortunate case of mistaken identity in late 2021, Vice media agency tracked down a German company, CPharm International (ECI), …

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Investment guru says days of US dollar dominance are numbered

“I hope I am smart enough to sell it during the next major strengthening,” Rogers said, as quoted by Russian business daily RBK. The investment guru admitted that people still see the US national currency as a safe haven during bad times. However, another appreciation might even result in a …

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Foreign direct investment in China soars by nearly 34% this year

According to its report, the Chinese service sector drew in the largest amount of foreign capital – some 482.77 billion yuan ($74.61 billion) – soaring 33.4% year on year. The high-tech industry also saw a significant increase in foreign investment – by 39.4%. High-tech services attracted 42.7% more investments than …

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