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IHH Healthcare raises RM4 billion sukuk for Island Hospital acquisition

IHH Healthcare Bhd has issued its first RM4 billion sukuk to finance the acquisition of the 600-bed Island Hospital in Penang, marking one of Malaysia's largest unrated sukuk offerings this year. The issuance, arranged by OCBC, received strong support with a subscription rate exceeding four times the issuance size. This acquisition enhances IHH's position in the medical tourism sector, adding to its portfolio of 18 hospitals in Malaysia.

Trump's election win may shift focus to NATO defense spending

Former U.S. President Donald Trump's return to office may shift focus back to NATO members' defense spending, as he has previously criticized European allies for inadequate contributions. Currently, two-thirds of NATO allies meet the 2% GDP defense spending commitment, with Poland leading at 4.12% in 2024.

hedge funds seek refuge in turkish lira amid global currency turmoil

Turkey’s lira emerged as the sole gaining emerging-market currency against the dollar amid global declines linked to the potential return of Donald Trump to the White House. The lira appreciated by 0.3% as of 9:55 a.m. in London, bolstered by strong support from state-run banks that attracted foreign investment.

narrowband iot chipset market growth driven by smart metering and manufacturing sectors

The Global Narrowband IoT (NB-IoT) Chipset Market is projected to grow from USD 1.95 billion in 2023 to USD 21.27 billion by 2029, at a CAGR of 48.7%. This growth is fueled by rising demand for low-power, wide-area connectivity solutions across various sectors, including smart cities, healthcare, and agriculture. Key players in the market include Qualcomm, Huawei, and Samsung, as they invest in enhancing NB-IoT capabilities to meet evolving IoT needs.

rising healthcare fraud cases pose significant risks and financial losses by 2025

Healthcare fraud is on the rise, with projections estimating cases could reach 449 by 2025, driven by evolving tactics and increased detection efforts. Financial losses are also expected to escalate, potentially hitting $1.43 million in median losses, highlighting the urgent need for enhanced protective measures across the sector.

global spirometry data management market trends and forecasts for 2024 to 2031

Worldwide Market Reports has released a comprehensive report on the Spirometry Data Management Market, analyzing growth factors, market size, and competitive dynamics. The report covers various segments, including types and applications, and provides insights into key players like Philips Healthcare and GE Healthcare. It also highlights market trends, opportunities, and a detailed SWOT analysis, offering valuable data for industry professionals.

healthcare electronics contract manufacturing market trends and growth opportunities 2024 to 2031

The Healthcare Electronics Contract Manufacturing market is poised for significant growth, driven by technological advancements and increasing demand for medical devices. Key players like Flex Ltd., Jabil Inc., and Sanmina Corporation are focusing on strategic collaborations and innovations to enhance their market presence. The report highlights regional market dynamics, growth opportunities, and the impact of various factors influencing the industry landscape.

turkey's inflation rate declines but remains above expectations in october

Turkey's headline inflation eased to 48.6% in October, down from 49.4% in September, but fell short of economists' expectations of 48.3%. Monthly prices also decreased to 2.88% from 2.97%, suggesting that an interest-rate cut is unlikely this year.

crisis at eu turkey border exposes animal welfare and bureaucratic failures

The Kapitan Andreevo border crossing has become a site of controversy as livestock transporters face bureaucratic delays, leading to animal suffering and deaths. With Turkey banning imports from affected EU regions due to disease concerns, many animals are stuck in limbo, prompting calls for a ban on live animal exports to Turkey. The situation highlights the complexities of EU regulations and the urgent need for legislative solutions to protect animal welfare.

turkish inflation expected to slow for fourth consecutive month in october

Turkish inflation is expected to have slowed for the fourth consecutive month in October, with annual price growth projected to drop to 48.3% from 49.4% in September. Monthly price increases are anticipated to ease to 2.66%, down from 2.97%, as central bank officials consider various metrics for potential interest-rate cuts.
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