The Chinese Evergrande Group received a liquidation order from the Hong Kong court, which marked the beginning of a complex process to carve up one of the main casualties of the largest property crisis, which had a widespread negative impact on the state of the world’s second-largest economy.
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.
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.
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.
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.
The United States economy demonstrated what can be described as shocking resilience in the fourth quarter of last year.
HSBC Holdings Plc has published the first so-called transition plan in its history.
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 […]
The People’s Bank of China announced a deep cut in bank reserves on Wednesday, January 24.
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.
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.
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.
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.
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.
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.
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.
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