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The stock has the potential to rise fourfold in the next several years.
Australian hedge fund Bristlemoon Capital has taken a short position in REA Group, betting that a downturn in the country’s housing market could weigh on the property listings company’s earnings…
Indian banker Uday Kotak says the ideal approach to handling volatility in the Indian rupee would be to let it find its own level while continuing to invest in research and innovation.
Saudi Arabia’s economy is expected to shrink by 3.3% this year, the IMF says, as deadly attacks by Yemen’s Houthis and a regional war squeeze the kingdom.
Former AfDB President, Akinwumi Adesina, has called for increased investment in young Nigerian entrepreneurs, saying access to affordable capital is key.
