Finance & Economics - page 27

News

China’s Property Crisis Worsens

Last month, China’s economic system demonstrated what can be described as ambiguous performance indicators, as evidenced by a kind of statistical situation in which the volume of investment in the Asian country’s real estate sector continued to be on a downward trajectory, but at the same time a moderate increase in consumer spending was recorded, […]

News

Ethiopia Intends to Allow Foreign Lenders to Acquire Local Banks

Ethiopia’s Council of Ministers has approved a bill according to which foreign financial institutions are granted the right to acquire stakes in the banks of this African country.

News

China’s Rate-Cut Calls Rise

In China, calls for cutting interest rates are now becoming louder and louder, which are addressed to the central bank of this Asian country.

News

Shanghai Yangpu District Seeks to Expand Its Growing Digital Ecosystem

Shanghai’s northeastern Yangpu district, which has already become a kind of hub for many large technology companies, is seeking to gain smaller-scale firms.

News

Fed Keeps Interest Rates at 23-Year High

The Federal Reserve on Wednesday, June 12, announced that its benchmark lending rates remain at the current level.

News

UK Unemployment Hits 2.5-Year High

In the United Kingdom, unemployment unexpectedly rose, reaching its highest level in more than two and a half years.

Articles

NatWest Introduces Mastercard Business Savings to UK Debit Cards

NatWest Group, a UK-based banking firm serving commercial, retail, and private banking markets, recently partnered with Mastercard to reward small businesses with savings perks. The company introduced Mastercard Business Savings to its business debit card holders in the UK. The move aims to provide small and medium businesses with valuable savings opportunities. It offers cashback […]

News

Japan’s GDP Falls

The Japanese economic system was on a downward trajectory in January-March of the current year, but in this case, the pace of decline turned out to be less than the initial expectations for the dynamic of the corresponding indicator due to an upward revision of data on capital spending and inventories.

News

U.S. Bank Launches Partnership With Greenlight

U.S. Bank has launched a collaboration with Greenlight, which is aimed at improving the level of financial education.

News

Credit Suisse Bondholders Sue Switzerland

A group of Credit Suisse bondholders has filed a lawsuit against the Swiss government in an effort to obtain compensation for the controversial decision to write down the debt of an Additional Tier 1 (AT1) financial institution.

News

China’s Exports Demonstrate Growth

In May, China recorded an increase in exports, which exceeded preliminary expectations.

News

ECB Cuts Rates

On Thursday, June 6, the European Central Bank decided to cut interest rates for the first time in five years.

News

ECB’s Inflation Challenge Resembles Similar US Problem

In the eurozone, the inflationary process has still not returned to the territory of acceptable and favorable indicators, which is why there is currently an increase in fears that the European Central Bank, as part of its movement towards easing monetary policy by cutting interest rates, may face the same problems and obstacles that have […]

News

NYSE and Nasdaq to Get Competition From Texas National Stock Exchange, Backed by BlackRock and Citadel

The Texas Stock Exchange (TXSE) has reportedly secured about $120 million in funding from investors, including BlackRock, the world’s largest asset manager, and Citadel Securities, a market maker.

News

US Job Openings Fall

The number of job openings in the United States in April showed a decrease, which turned out to be more significant than the preliminary expectations for the dynamic of the corresponding indicator.

News

China’s Factory Activity Growth Reaches 2-Year High

In China, the level of factory activity was recorded in May, which demonstrated the fastest rising pace in about the last two years.

Finance & Economics