China’s Exports Demonstrate Growth
In May, China recorded an increase in exports, which exceeded preliminary expectations.
Finance & Economics - page 46
ECB Cuts Rates
On Thursday, June 6, the European Central Bank decided to cut interest rates for the first time in five years.
ECB’s Inflation Challenge Resembles Similar US Problem
In the eurozone, the inflationary process has still not returned to the territory of acceptable and favorable indicators, which is why there is currently an increase in fears that the European Central Bank, as part of its movement towards easing monetary policy by cutting interest rates, may face the same problems and obstacles that have […]
NYSE and Nasdaq to Get Competition From Texas National Stock Exchange, Backed by BlackRock and Citadel
The Texas Stock Exchange (TXSE) has reportedly secured about $120 million in funding from investors, including BlackRock, the world’s largest asset manager, and Citadel Securities, a market maker.
US Job Openings Fall
The number of job openings in the United States in April showed a decrease, which turned out to be more significant than the preliminary expectations for the dynamic of the corresponding indicator.
China’s Factory Activity Growth Reaches 2-Year High
In China, the level of factory activity was recorded in May, which demonstrated the fastest rising pace in about the last two years.
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.
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.
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