Pictet’s global multi-asset fund triples to $5 billion on China inflows

2026-09-16T15:14:22.379Z What is the bank rate and why is it important? When we talk about the BoE raising or cutting interest rates, this refers to the ‘bank rate’, or the ‘base rate’. The bank rate is the core interest rate in the UK, and is the rate of interest the BoE pays to commercial banks,…

India may be entering a new investment phase. For years, the country’s growth story has been dominated by consumption and services. Companies, meanwhile, remained cautious about spending on new factories, machinery and capacity after the global financial crisis.   That equation may now be changing.   The latest GDP data provides one of the strongest…

The government on Tuesday introduced a 0.4 per cent merchant discount rate (MDR) on Unified Payments Interface (UPI) payments above ₹2,000 to merchants, with the fee capped at ₹300 for payments of ₹75,000 and above.   The National Payments Corporation of India (NPCI), which operates UPI, said person-to-merchant (P2M) transactions up to ₹2,000 will remain…

The Ethiopia-Djibouti corridor sits at the centre of this transformation, serving as the primary gateway for Ethiopia’s import and export flows. For financial institutions such as iibGroup, the role of banking extends well beyond liquidity provision. It is about deploying capital to support economic resilience, strengthen trade ecosystems, and deliver measurable social and environmental impact….

Rolls-Royce is deepening its exposure to the AI infrastructure boom, with the British engineering group forecasting that continuous power systems could account for as much as one-fifth of its power-generation business by 2030 as data centers struggle to secure grid connections. CEO Tufan Erginbilgic said Thursday the company is already discussing power systems and small…