Goldman Sachs Profit Doubles
Goldman Sachs Group Inc. earnings exceeded forecasts since its equity traders have demonstrated results that have turned out to be the best in the entire history of observations.
Finance & Economics - page 2
JPMorgan Chase Breaks Its Own Earnings Record
JPMorgan Chase & Co. recorded an annual profit, which turned out to be the largest among all similar indicators of other lenders in the history of US banking.
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US Consumer Prices Increase Slightly Above Expectations
In December, an increase in consumer prices was recorded in the United States, the pace of which slightly exceeded preliminary expectations regarding the degree of intensity of the upward dynamic of the corresponding indicator.
US Small Business Confidence Demonstrates Growth
In the United States, a growth in small-business confidence was recorded last month, which is a continuation of the upward dynamic of the corresponding indicator that began after the November US presidential election.
JPMorgan Chase Reportedly Eyes Commercial Banking Expansion in Germany
The media on Tuesday, January 14, published information according to which JPMorgan Chase has plans related to the expansion of its presence in Germany.
Apollo to Buy Argo Infrastructure
Apollo Global Management Inc. has agreed to buy Argo Infrastructure Partners in a cash and stock deal that will add about $6 billion to the company’s assets.
China’s Central Bank Makes It Easier for Companies to Borrow More Foreign Debt
The People’s Bank of China has strengthened the defense of the yuan and the domestic foreign exchange market.
China’s Central Bank Chief Says About Confidence in 2025 Economic Rebound
The Chinese authorities are convinced that the Asian country has the capacity and tools sufficient to ensure the recovery and growth of its economy this year.
China’s Trade Surplus Reaches Record
China, on Monday, January 13, announced that its trade surplus in 2024 reached almost $1 trillion.
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.
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