SoftBank Stock Hits Record High
The value of shares of the Japanese SoftBank Group reached an all-time high on Thursday, July 4.
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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.
Basware Announces Integration With Amazon Business
Basware, a provider of solutions designed for accounts payable automation and procurement, announced integration with Amazon Business.
Physical Cards Drive Passwordless Future
Adam Lowe, chief product and innovation officer at metal premium card issuer CompoSecure, whose digital security platform Arculus streamlines digital authentication processes and secures digital assets while talking to the media, said that the traditional physical card can become a hands-free conduit for seamless trading.
State Bank of India Rolls Out Web-Based Invoice Financing Solution
The State Bank of India has launched a web-based invoice financing solution for microbusinesses and small and medium-sized businesses.
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.
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.
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.
Micron Stocks Drop
Shares of Micron Technology, the largest memory chip manufacturer in the United States, turned out on a downward trajectory after the company’s forecast disappointed investors who had expected greater benefits from the so-called artificial intelligence boom.
Nubank Acquires Hyperplane
Nubank’s digital banking platform has implemented the deal to acquire Hyperplane, a company specializing in data intelligence.
Malaysia Gains Chinese Investors to Build More Data Centers
Malaysian Economy Minister Rafizi Ramli said that the country’s leadership is currently negotiating with potential investors from China about their possible participation in data center construction projects.
ECB’s Olli Rehn Sees Bets for Two More Cuts in 2024 as Reasonable
Expectations that the European Central Bank will adjust the current configuration of its monetary policy twice more this year by lowering the cost of borrowing are fair, according to Governing Council member of the financial institution Olli Rehn.
Pismo Activates Ledger Update
Pismo, a global cloud-native provider of core banking services and bank card processing, has announced that a significant upgrade has been made to its authorization engine.
German Business Expectations Fall
Germany’s business outlook showed a deterioration for the first time in five months, a sign that Europe’s largest economic system is facing various difficulties and obstacles on its way to recovery.
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