Finance & Economics

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BofA Says Cooling Economy to Crack Big Tech Rally Even More

Bank of America Corp.’s strategist Michael Hartnett says that the further cooling of the economic system of the United States may be the reason for the continuation of the downturn in the growth of shares of US technology companies.

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Chinese Provinces Step Up to Entice Business

Currently, there is a kind of political and economic tendency throughout China, which consists in the fact that the municipal authorities of the Asian country are making efforts to retain overseas businesses and increase the trust of local companies, and in this context, the indicative is the example of the leadership of Henan Province, which […]

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Santander Reports Q2 Earnings

Banco Santander SA has raised its revenue growth target in 2024.

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15th Edition Connected Banking Summit – Innovation and Excellence Awards 2024; Ethiopia: Event Update

Addis Ababa, 14th August 2024 – The International Center for Strategic Alliances proudly  presents the Upcoming 15th Edition Connected Banking Summit – Innovation and  Excellence Awards 2024; Ethiopia. Taking place at the Ethiopian Skylight Hotel in  Addis Ababa, this pivotal event gathers esteemed global executives, experts, and leaders to  discuss the future of the banking […]

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China Cuts Interest Rates

In the space of China’s economic system, which is currently the second largest in the world, an unexpected decision by the financial authorities was recorded in the form of lowering borrowing costs.

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Fed’s John Williams Says About Prospects of Changes in Monetary Policy

Federal Reserve Bank of New York President John Williams said that the long-term trends that led to the reduction of neutral levels for interest rates before the outbreak of the coronavirus pandemic still prevail.

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China to Intensify Support for Equipment Upgrades

Beijing intends to strengthen measures to support the implementation of the program for the modernization of equipment and trade in consumer goods.

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ECB Keeps Rates Steady

The European Central Bank kept interest rates unchanged after a landmark easing of monetary policy last month.

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UK Wage Growth Demonstrates Slowdown

A slowdown in the rate of wage growth was recorded in the United Kingdom.

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Xi Jinping to Unveil Vision for Chinese Economy

The head of the People’s Republic of China, Xi Jinping, will present his vision of the concept within which the development of the economic system of the Asian country should be carried out.

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ECB Reportedly to Hold Rates Steady

Officials of the European Central Bank during their meeting on Thursday, July 18, will most likely not make decisions on any changes in interest rates and will hold the corresponding indicator at the same level.

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Bank of America Reports Second-Quarter Profit

Bank of America on Tuesday, July 16, released information on its financial results of the activity for the second quarter of the current year.

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Morgan Stanley Q2 Earnings Exceed Expectations

Morgan Stanley on Tuesday, July 16, released information on revenue and profit for the second quarter of the current year.

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Demand for Indian Bonds Rises

The Indian sovereign bond market is currently gaining foreign equity investors.

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Euro-Area Consumer Loan Demand Demonstrates Growth

In the eurozone, banks reported the first increase in demand for consumer credits and housing loans since 2022.

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German Investor Confidence Worsens

A deterioration in investor confidence in the prospects of the German economic system was recorded.

Finance & Economics