Singapore and Hong Kong have emerged as financial services hubs in Asia. Setting up the GIFT-IFSC and subsequently vesting the powers in a unified regulator, the International Financial Services Centres Authority (IFSCA), was a key step in the right direction to developing India as a global financial hub.
Rate cuts unlikely in near term as inflation stays sticky: Richard Harris
Global market expert Richard Harris anticipates minimal changes to U.S. monetary policy, emphasizing the Fed’s independence. He notes that Big Tech’s recent profitability stems more