China’s Trade Surplus Reaches Record
China, on Monday, January 13, announced that its trade surplus in 2024 reached almost $1 trillion.
Finance & Economics - page 10
US Plans to Ban on Chinese Connected Vehicles
The administration of the President of the United States Joe Biden plans to finalize rules next week aimed at cracking down on Chinese vehicle software and hardware.
Goldman Sachs Estimates Likely Impact of Donald Trump’s Tariffs on China
Goldman Sachs chief economist Jan Hatzius said last Thursday, January 9, during a speech at the Atlantic Council in Washington, that despite the election promise of Donald Trump, who will return to the White House this month, to impose 60% tariffs on absolutely all goods imported from China, in reality, the US president-elect is likely […]
China’s Aviation Sector Reports Profit
In China, the local civil aviation sector has reported making a profit.
China’s Central Bank Halts Bond Buying
The People’s Bank of China on Friday, January 10, announced that it had suspended the purchase of treasury bonds, against which a jump in yields was recorded and rumors began to actively circulate that this decision by the Asian country’s financial regulator was aimed at protecting the yuan, which is currently on a trajectory of […]
US Job Growth Beats Expectations
In the United States, an unexpected acceleration in job growth was recorded in December.
Bank of America Bonuses for Investment Bankers Reportedly to Rise About 10%
Bank of America’s bonus pool for investment bankers is likely to increase by 10% for last year.
Country Garden Proposes Deal to Reduce Offshore Debt by $11.6 Billion
The Chinese property development company Country Garden has proposed to its offshore creditors the deal, which will reduce the debt of this firm by $11.6 billion.
China Orders Miners to Report More of Their Overseas Reserves
Beijing has ordered Chinese investors in foreign mining projects to report on their proven and prospective reserves of crucial minerals.
Fed’s Susan Collins Supports Gradual Approach to Rate Cuts
Federal Reserve Bank of Boston President Susan Collins said on Thursday, January 9, that significant uncertainty about the outlook requires the United States financial regulator to take a cautious approach in the context of making decisions about cutting interest rates.
US Weekly Jobless Claims Fall
The number of Americans filing new applications for unemployment benefits dropped to an 11-month low last week.
Fed’s Christopher Waller Supports Further Cuts
Federal Reserve Governor Christopher Waller said he believes inflation will continue to cool towards the United States central bank’s 2% target.
Israel Cyber Companies Raise $4 Billion
In 2024 Israeli cybersecurity companies raised investments, which totaled $4 billion and more than doubled the figure recorded in 2023.
US Trade Deficit Increases
In November, an increase in the trade deficit was recorded in the United States.
AI Startups Drive VC Funding Resurgence
According to data that was published by PitchBook on Tuesday, January 7, artificial intelligence startups have made significant contributions to the recovery of United States venture capital funding from market lows.
JPMorgan Chase Quits Net-Zero Banking Alliance
On Tuesday, January 7, JPMorgan Chase announced that it was leaving the Net-Zero Banking Alliance.
Finance & Economics
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