Fed Cuts Interest Rates
The Federal Reserve System on Wednesday, September 18, decided to cut its benchmark interest rate by a half percentage point.
Finance & Economics - page 17
JPMorgan Seeks to Expand in Africa and Scandinavia
JPMorgan Chase, the largest bank in the United States, is currently stepping up efforts to expand its business globally, intending to form an enhanced presence outside the domestic market.
VC Company Patron Raises $100 Million
Early-stage venture capital company Patron announced that its second fund raised $100 million.
US Retail Sales Demonstrate Growth
In the United States, an increase in retail sales was recorded in August, which was evidence that one of the main driving forces of the positive dynamic economic system of this country remains in force, despite various difficulties, including inflation that has not been fully overcome and continuing uncertainty about the scenarios of the future.
The Role of Escrow Analysis in Risk Management
For many lenders, escrow accounts may seem like just a holding tank for property taxes or insurance payments. But here’s the thing: what goes into that account—and the extra cushion you set aside—could be the key to navigating market volatility. This is where escrow analysis comes in. It is more than just a financial formality. […]
VC Firm Insight Partners Reportedly Prepares to Close $10 Billion-Plus Fund
The media reports that the venture capital company Insight Partners is currently preparing to close a fund worth more than $10 billion.
Experts Cut China’s 2024 Growth Forecast
Experts from world-renowned financial institutions began to reconsider their vision of the prospects of the dynamic of the economic system of China in the current year, and for Beijing, these new expectations are clearly not favorable and do not belong to the category of a positive assessment of the possibilities of the foreseeable future.
China Fines PwC for Its Role in Evergrande Collapse
In China, local regulators imposed a six-month business suspension and a record fine of 441 million yuan ($62 million) on PwC’s auditing unit in the mainland of this Asian country.
Benefits of Attending Exhibitions for Your Small Business
By Liz, Business Show Media For any small business, attending an exhibition can be a game-changer. Business events offer a unique platform to showcase your products or services, connect with potential customers, and expand your network. Exhibiting at The Business Show puts your business face-to-face with over 9,000 SME owners and senior decision-makers seeking innovative […]
S&P Global Ratings Economist Says About China’s Ability to Deal With Property Crisis
Paul Gruenwald, global chief economist at S&P Global Ratings, says that the current state of affairs in the Chinese real estate market is the biggest factor of risk in reducing the economic growth target of this Asian country and notes that Beijing does not seem to be going to make any significant changes to overcome […]
ECB Cuts Interest Rates Again
On Thursday, September 12, the European Central Bank (ECB) decided to cut interest rates again.
BurgerFi Files for Bankruptcy
Fast casual chain BurgerFi filed for Chapter 11 bankruptcy and announced it on Wednesday, September 11.
Economists Improve Singapore 2024 Growth Forecast
Experts have revised their forecasts for the growth of Singapore’s economy in the current year to improve.
UniCredit Buys Stake in Commerzbank
Italian UniCredit on Wednesday, September 11, announced the acquisition of a 9% stake in German Commerzbank.
China’s Lawmakers Target New Money-Laundering Risks
In China, local lawmakers intend to monitor and analyze new risks in the financial area related to such practices as money laundering.
Hong Kong Demonstrates Readiness to Push Forward Belt and Road Initiative
Hong Kong’s financial secretary Paul Chan said that the city has all the capabilities necessary to facilitate the implementation of the Belt and Road Initiative.
Finance & Economics
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