Mainland China Rolls Out New Crackdown on Macau’s Illegal Money Exchanges
Mainland Chinese officials have called for measures to curb the illegal money exchange business at the casino hub in Macau.
Finance & Economics - page 33
Indian Stocks Demonstrate Record Highs
Indian stock markets on Monday, June 3, reached record highs amid news that experts predict the victory of the current Prime Minister of this South Asian country, Narendra Modi, in national elections.
Fitch Upgrades Ireland’s Credit Rating
Fitch upgraded Ireland’s rating, which was another evidence of the country’s advancement after the European Union provided its financial assistance 14 years ago.
India’s Economy Demonstrates Growth
India’s economy grew by more than 8% in the fiscal year that ended in March.
Euro-Area Inflation Accelerates
In the eurozone, an acceleration in the rate of inflation was recorded, which exceeded preliminary expectations regarding the dynamic of this process.
Bank of America CEO Says About US Consumers and Businesses Cautious on Spending
Brian Moynihan, Chief Executive Officer of Bank of America, said that currently in the United States, consumers and businesses are following an approach in the framework of spending planning, the main priority of which is caution.
Goldman Sachs Alternatives Raises Loan Partners Fund
Goldman Sachs Alternatives has raised more than $20 billion for direct lending to large clients.
JPMorgan CEO Forecasts Problems in Private Credit Market
JPMorgan Chase & Co. chief executive officer Jamie Dimon said he expected problems with the private credit market.
Wells Fargo CEO Says About Significant Investment-Bank Opportunity
Wells Fargo & Co. Chief Executive Officer Charlie Scharf said that his financial institution in a very target way expanding its corporate segment of investment banking services.
ECB Reportedly to Impose Fines on Banks for Climate Failures
The media reports that the European Central Bank intends to take an unprecedented and largely sensational decision in the form of fines against several financial institutions that have been demonstrating their inability to combat the effects of climate change for a long period.
IMF Lifts China Growth Forecast
The International Monetary Fund (IMF) expects China’s economic system to show growth of 5% in the current year.
How R&D Tax Credits Can Help Fund Innovation and Growth
R&D tax credits are incentives for businesses to invest in research and development. These credits let companies reduce their tax or get a refund based on how much they spend on qualifying R&D activities.
Researchers Say About Advantage of Hong Kong’s Offshore Position for China
Leading Chinese researchers advise Beijing to step up its efforts to raise large amounts of foreign investment by focusing on its role in the Asian supply chain and using Hong Kong’s offshore position for appropriate purposes.
Essential Advice for Your Investment Journey
With countless options and strategies, the world of investing can seem pretty overwhelming. What is the most profitable option for your money? Is your profile diversified enough? How can you mitigate the risks associated with investing? The questions are almost endless. However, with the right guidance, you can turn the complex journey of investing into […]
Bank of Japan Signals Room for Interest Rate Hikes
Governor of the Bank of Japan Kazuo Ueda and his deputy said that after this Asian country shifted away from the 0% inflation norm, opportunities for a gradual increase in interest rates were formed.
China’s Wary Investors Demonstrate Interest in Ultra-Long-Term Special Government Bonds
The surge in interest in China’s ultra-long-term special government bonds, which are extremely rarely offered, has become evidence that investors are interested in the so-called safe-haven assets since they need at least some guarantees and some protection during a period of significant economic instability.
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