Finance & Economics - page 47

News

Reliance Stock Hits Record High, Market Cap Crosses INR 19,5T

Reliance Industries (RIL) stock, the top contributor to the Nifty 50 index, has surged over 7% in the last day and keeps growing. Hitting a record high, the most valued company in the Indian stock market has reached a market cap of INR 19,5T.

News

Texas Bans Barclays From Local Municipal Bond Market Over ESG Commitments

Texas legal representatives blocked Barclays from working on local municipal bond deals after the bank didn’t respond to requests about its carbon emission commitments.

Articles

Tips for Successful Multifamily Investment

Multifamily investment involves purchasing multifamily properties, such as condominiums and complexes, that provide several units for rent. It’s a popular real estate investing option due to the high net operating income it brings.

News

Fidelity Forecasts China’s Economy Gradual Improvement in 2024

Peiqian Liu, Asia economist at Fidelity International, said during a media briefing on Thursday, January 25, that during 2024, China’s economic system will record a gradual improvement in the state of affairs, which will be stimulated by factors such as production and consumption.

News

US Economy Demonstrates Growth

The United States economy demonstrated what can be described as shocking resilience in the fourth quarter of last year.

News

HSBC Unveils Its Transition Plan

HSBC Holdings Plc has published the first so-called transition plan in its history.

News

China’s $6 Trillion Stock Wipeout Signals Deeper Problems

The collapse of the Chinese stock market by $6 trillion has become what can be symbolically described as the thunder of a terrible truth, the sound of which is stronger than any soothing and deliberately encouraging statements that, in general, the weather situation is favorable and there are no cataclysms capable of provoking serious long-term […]

News

China Cuts Banks’ Reserve Ratio

The People’s Bank of China announced a deep cut in bank reserves on Wednesday, January 24.

Science & Technology

MIT/IBM Study Denies Economic Feasibility of Major AI Employment Takeover

The new research reveals that the expected automation of around half of all human-performed jobs with the help of AI could come at a premium cost, which employers would likely not be willing to pay.

Articles

How To Pay Yourself As A Director Of A Ltd.?

Navigating the complexities of self-employment in the UK can be challenging. One major decision that many self-employed professionals face is whether to operate as a sole trader or transition into a limited company.

News

Goldman’s Jan Hatzius Sees US Soft Landing

Chief Economist at Goldman Sachs Group Inc. Jan Hatzius on Tuesday, January 23, during a conversation with media representatives in Hong Kong, said that the Federal Reserve System is currently on track to achieve a soft landing of the United States economy.

News

Top Citi Strategist Says About Prospects of Healthy Economic Growth

Steven Wieting, chief investment strategist and chief economist at Citi Global Wealth, says that the global economic system does not need a collapse situation for the inflation rate to return to the target level.

News

World Bank Aims to Surpass $40 Billion Climate Funding Goal Next Year

The World Bank Group – the biggest provider of climate finance to developing countries – is now aiming for 45% of all financing to go toward climate projects by 2025.

Fintech & Ecommerce

Open Banking Expo Canada

Open Banking Expo is back with three stages of searingly-hot content on the future of consumer-driven banking following November’s Fall Statement, which outlined the introduction of an Open Banking framework in Canada in 2024.

News

Moody’s Negatively Characterizes Asia’s Sovereign Creditworthiness

Moody’s Investors Service has made a negative outlook on the sovereign creditworthiness of the Asia-Pacific region, citing factors such as the slowdown in China’s economic growth, risks associated with the current state of affairs in the sphere of geopolitics, and tight funding as the reasons for this point of view.

News

Fed Fines Chinese Bank ICBC

United States regulators have reported fines of about $32.4 million against the Industrial and Commercial Bank of China.

Finance & Economics