South Korea Current Account Tops 32-Month High
South Korea’s current account has reached its biggest surplus in more than two years.
Finance & Economics - page 25
China’s Demographic Situation Causes Economic Headwinds
China’s economic system, which is the second largest in the world, is currently in some sense struggling to recover amid a prolonged downturn in the local real estate sector and after a difficult period of the coronavirus pandemic, but this is not the whole list of problems on the path to the positive dynamic of […]
Best Banks in the Netherlands
When it comes to banking in the Netherlands, the choices can be overwhelming due to the variety of financial institutions offering a wide range of services. Whether you are looking for traditional banking, digital banking, or specialized services, the Dutch banking sector has something for everyone.
Calastone Says UK Investors Buy $14.5 Billion of Stocks This Year
Data from the Calastone fund network shows that in the United Kingdom, investors added a record 11.4 billion pounds ($14.5 billion) to private equity funds in the first six months of the current year.
Jerome Powell Says About Bit of Progress on Inflation
On Tuesday, July 2, Federal Reserve Chairman Jerome Powell expressed his satisfaction with Washington’s progress to date in implementing efforts to counter inflation over the past year.
Open Banking Expo UK & Europe
If Open Banking, Open Finance, Smart Data, or Open Banking payments is your thing, Open Banking Expo is the must-attend event of 2024. The event SOLD OUT in 2023 and returns this year with an expanded exhibition hall and two co-located shows!
Euro-Area Inflation Eases to 2.5%
On Tuesday, July 2, the statistical agency of the European Union released information according to which headline inflation in the eurozone fell to 2.5% last month.
China Faces Risks Amid Bond Market Bubble
Currently, there is a tendency in China, in which money flows rush into government bonds, the consequences of which are circumstances such as a sharp increase in the price index of these emission securities and a simultaneous drop in their yields to a level corresponding to a record low.
South Korea’s Export Grows Amid Record Chip Sales
In June, an increase in South Korea’s export activity was recorded.
China’s Factory Activity Rises
In China, last month, an increase in the factory activity of local companies belonging to the private sector was recorded.
BlackRock to Acquire Preqin Data Group for $3.2B
UK data firm Preqin will enhance BlackRock Aladdin tech business by combining data, research, and investment processes for fund managers.
China’s Central Bank to Borrow Treasury Bonds From Primary Market
On Monday, July 1, the People’s Bank of China announced its intention to borrow treasury bonds from some traders in the primary market shortly.
IMF Says About US Big Deficit
The International Monetary Fund (IMF) said last Thursday, June 27, that the United States currently has too big a fiscal deficit, and this country is burdened with too much debt.
UK GDP Demonstrates Growth
The economy of the United Kingdom left the territory of the materialization of the negative recession scenario ahead of the time that experts and analysts predicted.
Thomas Barkin Says About US Ongoing Battle Against Inflation
Thomas Barkin, President of the Federal Reserve Bank of Richmond, said that the process of combating inflation is currently underway in the United States.
99% of Businesses to Use AI for Financial Reporting by 2027: KPMG
Besides the nearly universal use of artificial intelligence in financial reporting, companies also expect auditors to increasingly use AI to drive more proactive and predictive evaluation.
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