Finance & Economics - page 14

News

Macau 2024 Casino Revenues Top Official Estimate

Casino revenues in Macau, the world’s largest gambling hub, grew by almost 25% last year, but at the same time remains below the levels seen before the coronavirus pandemic.

News

World’s 500 Richest People Surpass $10 Trillion in Wealth

In 2024, the overall wealth of 500 of the richest people in the world showed growth.

News

Boeing Shares Fall

The value of shares of Boeing is currently on a downward trajectory.

News

Xi Jinping Says China’s 2024 GDP Growth Set to Hit Target

The head of the People’s Republic of China, Xi Jinping, said that the economic system of this Asian country will show growth in 2024, which will amount to about 5%.

News

Bank Insiders Leaks Data on Client Accounts

Toronto-Dominion Bank expected that the new employee would increase the efficiency of this financial institution in detecting cases of money laundering from the outpost in New York, but the final result turned out to be another example of how optimistic hopes do not match the pessimistic reality.

News

Goodman Group Shines Among Australian Property Companies

Goodman Group’s shares have been on an upward trajectory over the current year, performing better than other similar companies in the Australian real estate area, as the so-called artificial intelligence boom has triggered a high-intensity increase in demand for data centers.

News

Experts Predict China’s December Manufacturing Activity to Expand

Experts interviewed by the media are of the opinion that factory activity in China was probably on an upward trajectory in the current month, generating hopes and reasons to be optimistic about the prospects of the future for local officials, who are making efforts to stabilize the situation in the economic system of this Asian […]

News

South Korea Factory Output Falls

In South Korea, factory output in November showed a decline at a rate that exceeded preliminary expectations regarding the intensity of the relevant process.

News

UBS Boss Warns Against Excessive Banking Regulation

UBS chief executive officer Sergio Ermotti said on Monday, December 30, that Switzerland should not set such rules for the country’s banking sector that would put it in a disadvantageous position.

News

Siemens Reviews Healthineers Majority Stake

Siemens AG is currently reviewing its majority stake in the medical technology subsidiary of Siemens Healthineers.

News

Japan’s Factory Activity Shrinks

In Japan, factory activity remained in the zone of a decrease in December, but at the same time, the pace of the corresponding process slowed down.

News

Nidec Makes $1.6 Billion Unsolicited Bid for Makino

Nidec Corp. offers 257.3 billion yen ($1.6 billion) to take over machine tool builder Makino Milling Machine Co., initiating a rare unsolicited takeover of a Japanese company.

News

HomeStreet Agrees to Sell $990 Million in Loans to Bank of America

The parent company of HomeStreet Bank, which is based in Seattle, has agreed to sell to Bank of America loans for a multifamily commercial property worth $990 million.

News

US Airlines Say Goodbye to Difficult Year

The current year turned out to be a busy period in terms of the number of events that occurred in the United States aviation sector, but the string of news from the relevant sphere activities was clearly not unambiguously positive and contained a lot of negative information that has sensitive consequences for companies in the […]

News

India Sees Economic Growth at 6.5%

The Indian government partially blamed the central bank of this South Asian country for the tight monetary policy, saying that the corresponding strategy of the financial regulator is the reason for the weak performance of the local economy, and stating expectations that growth in the second half of fiscal year is likely to accelerate amid […]

News

China Revises Up 2023 GDP

On Thursday, December 26, China revised upward the size of its economy by 2.7%.

Finance & Economics