Finance & Economics

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China Keeps Lending Rates Steady

The central bank of China on Monday, April 21, left loan prime rates unchanged, which is generally the expected decision of this financial regulator, since strong macro data is currently being observed in the Asian country, allowing Beijing to focus on stabilizing the yuan amid trade tensions with the United States, which has become an […]

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KeyCorp’s Commercial Payments Business Demonstrates Growth

KeyCorp released data on its earnings, which showed growth in deposits, while the bank’s management pointed to the momentum in payments, including commercial transactions of the relevant category, which should prove resilient even amid macroeconomic difficulties related to the tariff-driven trade war.

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ECB Cuts Interest Rates Again

The European Central Bank has decided to cut interest rates for the seventh time since June last year, as currently growing global trade tensions and significant uncertainty in this area threaten the prospects for the economic recovery of the region.

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WTO Slashes Global Trade Outlook

The World Trade Organization (WTO) has slashed its forecast for merchandise trade this year, as rising United States tariffs and increasing uncertainty are factors negatively impacting international commerce.

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Global Tech Stocks Decrease

On Wednesday, April 16, technology stocks are on a downward trajectory as new restrictions from the United States government on the export of Nvidia Corp. chips to China and the disappointing report from ASML Holding NV have significantly worsened the prospects for the semiconductor sector, which has already caused the market value of the two […]

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China’s GDP Growth Tops Expectations

China’s gross domestic product (GDP) in the first quarter of the current year showed an increase of 5.4% compared to the figure recorded for the same period in 2024, according to data published on Wednesday, April 16, by the National Bureau of Statistics of the Asian country.

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US Announces Probe Into Electronics Imports

The US Commerce Department is conducting a national security investigation into the import of semiconductor technology and related downstream products.

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Rare Earths Become China’s Weapon in Trade War

China may start using rare earths as a weapon in a new trade war with the United States.

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Goldman Sachs Performance Beats Estimates Driven by Economic Uncertainty

Goldman Sachs reported a 15% profit growth in the first quarter of 2025, bringing its investors $14.12 per share.

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Chinese Exports Show Growth

In March, China’s export activity showed growth that exceeded preliminary expectations regarding the dynamic of this indicator, as businesses frontloaded outbound shipments to avoid prohibitive tariffs from the United States.

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BNY’s Profit Increases

Bank of New York Mellon Corp. has published data on its earnings for the first quarter of 2025, which showed growth.

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Wells Fargo Reports Disappointing Earnings Data

On Friday, April 11, the value of Wells Fargo shares showed a drop as the financial institution reported revenue for the first quarter of 2025, which turned out to be below preliminary expectations, and a decrease in net interest income.

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JPMorgan Tops Quarterly Expectations

JPMorgan Chase on Friday, April 11, released information about its earnings for the first quarter of 2025, which exceeded preliminary expectations, driven by increased activity related to equity trading.

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Morgan Stanley Reports First-Quarter Revenue

Morgan Stanley’s stock traders recorded revenue in the first quarter of the current year that exceeded analysts’ preliminary expectations, as the largest banks in the United States continue to benefit from the turbulence that has become a fact of reality against the backdrop of US President Donald Trump’s tariff policy.

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China Raises Tariffs on US Goods

The head of the People’s Republic of China, Xi Jinping, in his first public comments on the escalation of the trade war with the United States, said that his country was not afraid.

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US Consumer Sentiment Decreases

Currently, there is pessimism among residents of the United States in the context of assessing the prospects for the further dynamic of the country’s economic system.

Finance & Economics