The Nasdaq indexes tumbled more than 3% on Wednesday, with the list of laggards being a who’s-who of AI technology darlings, led by semiconductor companies such as Nvidia, Broadcom and Arm Holdings
volatility
Latest in volatility
binance
Binance chief claps back at US lawsuit, calls it ‘unexpected and disappointing’
Binance defended its practices saying that it has been “working collaboratively with the CFTC for more than two years”
binance
Crypto trading giant Binance faces US lawsuit for ‘operating illegally’
The lawsuit against Binance was filed by the Commodity Futures Trading Commission (CFTC), who claimed that the firm cultivated US business while failing to register properly with authorities
binance
Zhao’s ‘recovery fund’ plan helps cryptocurrencies rise after the FTX disaster
Details not revealed, but the Binance chief tweets his intention of setting an industry recovery fund to “reduce further cascading negative effects of FTX”
economic crisis
How to prepare for the next macroeconomic slowdown
2022 has been difficult for markets: rate volatility, losses in government bonds and high-quality credit. What’s next? Ariel Bezalel and Harry Richards share their views
Abu Dhabi
First Abu Dhabi Bank withdraws offer to buy majority stake in Egypt’s biggest investment bank
EFG Hermes, Egypt’s biggest investment bank, initially received a non-binding offer from First Abu Dhabi Bank for a stake of no less than 51 percent on 9 February
Ambiguity
Fire from ice: The case for building organisational anti-fragility
Anti-fragility is not a fantasy but a reality and a possibility, developing it allows us to convert crisis into opportunity
Commodities
How volatility can be your friend if you are patient enough
We could well be looking at the end of 40 years of globalisation, which led to a virtuous cycle of falling prices, lower interest rates, rising corporate profits and expanding valuations
commodity trading
War may pour more fuel onto the inflationary fires
“The situation remains hugely uncertain with new tougher Western sanctions once again hitting financial assets. Heightened volatility amid news and rumors characterizes the current environment.”
Financial markets
Investing in volatile times
‘Guess who’s back, back again, volatility is back, tell a friend…’ Arjun Mittal, founder and chief investment officer at Abbey Road IG Multi Family Office dives into uncertain times and what they mean for investors
5g technology
Video: Understanding the new era of global rivalry
EMIR Founder & CEO Trevor McFarlane discusses the new era in global competition and how it will affect business in the Middle East. He also explains what the dispute between the U.S. and China is really about.