Finance & Economics - page 27

News

Jeremy Hunt Announces New UK Manufacturing Funding

Chancellor of the Exchequer of the United Kingdom Jeremy Hunt on Monday, March 4, announced new funding designed to support the UK manufacturing sector.

News

BOJ Сhief Stops Short of Declaring 2% Price Goal Met

Kazuo Ueda, Governor of the Bank of Japan, said that it is currently too early to conclude that the inflation process in this country is on a trajectory of steady approach to the financial regulator’s target of 2%.

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Deutsche Bank Reportedly to File Liquidation Suit Against Chinese Developer Shimao

The media, citing insiders, reported that Deutsche Bank is preparing a liquidation lawsuit against the Chinese developer Shimao Group.

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Chinese Authorities to Discuss Economic Growth Goals

The annual legislative meeting will be held in Beijing next week, during which the goal of China’s economic growth and plans to achieve it will be discussed.

News

France’s Inflation Rate Falls

In February, the inflation rate in France showed a slowdown to a level that is the lowest since September 2021.

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Swiss Economy Demonstrates Growth

As the results of last year, the Swiss economic system unexpectedly maintained a positive dynamic, even though the manufacturing sector in this country continues to be a factor of negative impact on the corresponding growth prospects.

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Goldman Sachs CEO Says About Uncertainty to Soft-Landing Expectations

Chief Executive Officer of Goldman Sachs Group Inc. David Solomon said that the downward trend in consumer spending in the United States creates reason to doubt that the economic system of this country will be able to avoid the implementation of a negative recession scenario.

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Chinese Developer Country Garden Faces Liquidation Petition

The Chinese developer Country Garden, which defaulted on its debts in 2023, announced that it had received a petition for liquidation from the creditor after non-payment of the loan.

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Hong Kong Property Stocks Demonstrate Growth

In Hong Kong, an increase in the share price of local developers was recorded after Financial Secretary Paul Chan announced the cancellation of measures to cool property as part of efforts to normalize the state of affairs in the real estate sector, which found itself in a difficult situation amid the impact of negative factors […]

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China Reportedly Aims to Shrink Scale of Quantitative Trading Strategy

The media, citing anonymous insiders, report that local regulators in China are currently taking measures aimed at gradually reducing the scale of implementation of the popular quantitative trading strategy.

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Goldman Sachs Predicts Pharmacy’s Impact on US Economy

Goldman Sachs experts in their research report have suggested that the economic system of the United States will be able to significantly strengthen as a result of Americans taking popular weight loss medications, including Ozempic and Wegovy.

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JPMorgan Chase CEO Says About Prospects of Commercial Real Estate Sector

JPMorgan Chase CEO Jamie Dimon on Monday, February 26, during a conversation with media representatives, stated his confidence that most owners of commercial real estate in the United States are able to successfully overcome the circumstances of the current state of affairs in the economic system of this country.

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Standard Chartered CEO Says About Significance of Environmentally Conscious Investing

Bill Winters, Executive Director of Standard Chartered, believes that environmentally conscious investment will benefit from the term of business interests in the context of the prospects for developing players in this sector.

Articles

Toy Safety Matters: What Retailers Need to Know

When it comes to toys, safety is very important. For retailers, understanding the ins and outs of toy safety is crucial to maintaining customers’ trust and upholding ethical business practices. But if you’re new to toy retailing, then you’re in the right place. This article discusses regulatory issues, toy risks, testing and certification, retailers’ safety […]

News

Real Estate Loans Provoke Doubts in Canadian Banks’ Profits

The access of most of Canada’s largest banks to the commercial property market in the United States may cause unpleasant surprises for these financial institutions against the background of deterioration in the quality of some real estate loans.

Articles

Top Financial Scams in India

Financial fraud is the major type of cybercrime in India. The value of online financial frauds rose twofold last year, highlighting the lack of coordination between different local regulatory bodies on tackling cyber financial scams. Here are the most outrageous scam cases that recently occurred in India. 

Finance & Economics