Chinese Borrowers Reportedly Face Ban on Mobile Payments
Media reports that in China, millions of local consumers are faced with the problem of blocking access to mobile payment apps.
Finance & Economics - page 53
Gold Prices Hit Record High, 2024 Anticipations Are Bullish
Spot gold prices rose to a new record high, expected to remain above $2,000 levels next year, as investors are looking for safe-haven assets.
CFD Trading And Margin Explained
The forex market is designed to open up investors to many financial opportunities. One of these is Contract for Differences (CFD). It’s a popular alternative because it allows investors to invest in an asset while paying a fraction of its total value.
UAE Commits $30 Billion to Climate Finance
The UAE has announced investments of $30 billion to launch a financing mechanism aimed at forming a kind of base for creating a more transparent system for financing projects to combat climate change.
McKinsey Says About Absence of Signs of Recovery in Consumer Activity in China
Experts from the international consulting company McKinsey said that in the foreseeable future, Chinese consumers do not intend to spend large amounts of money on buying goods, which is why local companies should focus more on strategic planning within their business concepts to master the market, which remains huge, despite various problems.
Auctus Fund Management Explores Achieving Financial Success Through Financial Planning
Financial planning is one of the most critical aspects of achieving financial success. Financial planning refers to comprehensive plans covering all aspects of your financial life, including savings, investment, retirement, insurance, and taxes. It helps individuals and families to establish their financial goals and develop a roadmap towards achieving them. Financial planning is a crucial […]
ResponsAbility Launches Climate Investment Strategy for Asia
Swiss firm responsAbility partnered with Germany’s development bank KfW and the Dutch development bank FMO to make an active contribution to carbon dioxide reduction in Asia through targeted climate investments.
Eurozone Inflation Shows Decline
In November, the dynamic of the decline in inflation in the eurozone turned out to be more intense than expected.
China’s Manufacturing Activity Shrinks
In November, China recorded a decrease in the level of activity in the manufacturing sector and sphere of services.
JPMorgan Chase CEO Warns of Recession Risk
JPMorgan Chase CEO Jamie Dimon last Wednesday, November 29, during a speech at the New York Times DealBook 2023 summit in New York, said that the likelihood of a recession in the United States cannot be ruled out.
UK’s Nottingham Files for Bankruptcy
Nottingham City Council has become another victim of the financial crisis in the UK in the sphere of local government.
Lloyds Chief Urges UK Policymakers to Refrain From Encroaching on Banks’ Profits
The chief executive of Lloyds Banking Group made something like a warning statement to British politicians, describing measures such as a tax on unforeseen expenses of banks as thing that should be excluded amid expectations of a busy election year.
UBS Chair Predicts Challenging 2024
UBS Chairman Colm Kelleher said that next year will be one of the most difficult in the takeover process of Credit Suisse by the mentioned financial institution.
China to Focus on Sustainable Growth
Pan Gongsheng, governor of the People’s Bank of China, said that at present, high-quality and sustainable growth is the most important for this country in terms of priorities related to the economic system.
Bank of England Governor Resists UK Rate Cuts for Foreseeable Future
Bank of England Governor Andrew Bailey, suggests that a reduction in interest rates in the foreseeable future is an unlikely prospect, warning that the second half of the process of countering inflation in the United Kingdom will be hard work.
JPMorgan Expands UAE Services
JPMorgan announced the expansion of its operations in the United Arab Emirates (UAE).
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