Japan’s October Headline Inflation Rate Falls
In Japan, headline inflation was recorded at 2.3% in October.
News - page 24
China Announces Policy Measures to Boost Trade
The ministry of commerce of China on Thursday, November 21, announced policy measures aimed at stimulating the foreign trade activities of this Asian country.
Elon Musk’s xAI Reportedly Raises $5 Billion
The media reported that Elon Musk’s startup xAI, which operates in the space of the artificial intelligence industry, was able to raise investment funds for $5 billion as part of a financing round.
ECB Representatives Say About Prospects of Cutting Interest Rates
European Central Bank (ECB) Governing Council member Yannis Stournaras on Thursday, November 21, during a conversation with media representatives, said that this financial regulator should decide on cutting interest rates at each regular meeting on monetary policy issues until the cost of borrowing is fixed at such a mark, which will neither restrict nor stimulate […]
Argentex Expands to UAE
Argentex innovative currency risk management and payment solutions are now available in the UAE
Canadian Holiday Sales to Increase 2.2% This Season
Mastercard SpendingPulse reveals encouraging signs for Canadian holiday retail sales, with several factors enhancing consumers’ purchasing power.
Robinhood to Acquire TradePMR Portfolio Management Platform
Robinhood acquisition of TradePMR will help it offer better investment advisory services by integrating a well-established platform that serves around 350 firms and manages over $40 billion in assets.
Over Half of U.S. Consumers to Tap Credit for Holiday Shopping
The impact of rising costs and limited budgets is evident in consumer sentiment in the U.S. this holiday season, as about 68% are worried about affording gifts and more than half will be forced to use credit solutions for holiday shopping.
Nvidia Reports Earnings
Nvidia on Wednesday, November 20, released information about its earnings for the quarter ended October 27.
Fed’s Michelle Bowman Calls for Cautious Approach on Interest Rates
Federal Reserve Governor Michelle Bowman, one of the most hawkish policymakers of the central bank of the United States, on Wednesday, November 20, called for a more cautious approach in the context of actions on cutting interest rates, noting that the dynamic of inflation still contains reasons for concern, and the labor market is strong.
Goldman Sachs CEO Sees Robust Capital Markets Next Year
Goldman Sachs chief executive officer David Solomon expects capital markets to be more robust next year.
KPMG Launches AI Partnership With Google Cloud
KPMG will spend $100 million on its enterprise services in the artificial intelligence area over the next four years.
BioCatch Launches Financial Crime Intelligence Network
BioCatch, which specializes in developing fraud prevention solutions, announced the launch of what it described as the world’s first interbank network for the sharing of information on financial crimes.
Tarabut & Geidea to Explore SME Financing
Tarabut Gateway and Geidea partnered to improve financing access for small and medium-sized enterprises (SME) in Saudi Arabia.
Payhawk Collaborates With JPMorgan Payments
Payhawk, a company specializing in functional solutions for expense management, has started cooperating with JPMorgan Payments.
Microstrategy Now Owns Over $30B in Bitcoin
Microstrategy, a business intelligence firm, made a record purchase of 51,780 BTC, worth approximately $4.6 billion, over the last week.
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