UBS Reports Earnings
The value of UBS shares turned out to be on a downward trajectory after this lender published its results for the fourth quarter of 2024 and disappointing $3 billion share buyback plans.
Finance & Economics - page 8
China Unveils Series of Retaliatory Measures Against US
China on Tuesday, February 4, announced a broad package of economic measures against the United States as part of retaliatory actions, which were decided by Beijing after US President Donald Trump imposed 10% tariffs on goods imported from the Asian country.
Donald Trump Announces Pause on US Tariffs on Canada
President of the United States Donald Trump is pausing the imposition of planned tariffs on goods imported from Canada.
Donald Trump Delays Mexico Tariffs
President of the United States Donald Trump on Monday, February 3, announced his agreement to immediately pause tariffs on goods imported from Mexico, after, according to him, a very friendly conversation with the president of the mentioned country, Claudia Sheinbaum.
Donald Trump Vows Tariffs to Hit Saturday
President of the United States Donald Trump said on Friday, January 31, that he would impose tariffs on a wide range of imported goods, including oil and metals, in the coming months.
Walmart Canada Plans to Build Dozens of Stores
Walmart Canada announced last Thursday, January 30, that over the next five years, it will build dozens of new stores and sell its fleet business.
ECB Cuts Interest Rates
The European Central Bank on Thursday, January 30, decided on another interest rates cut, which was the fifth since June.
Euro-Area Fails to Grow
At the end of 2024, the process of implementing a stagnation scenario suddenly began in the eurozone economic system.
German Economy Shrinks
The German economic system continues to face difficulties, and the dynamic of growth is not a reality for it, as evidenced by the fact that in the fourth quarter of 2024, the gross domestic product (GDP) of this country decreased by 0.2% compared to the previous three-month period of last year.
US Economy Slows
In the last three months of 2024, the upward dynamic of the United States economic system began to show a slowdown, but still, growth in this case was a steady process, and not a kind of symbolic alternation of ups and downs, forming a situation of sharp manifestations of multidirectional phenomena.
Philippines Leads Southeast Asia’s Fintech Future: Fintech Revolution Summit 2025
The excitement is building! On April 30, 2025, the Philippines will shine as Southeast Asia’s fintech leader, hosting the highly anticipated Fintech Revolution Summit 2025 at The Heritage Hotel, Manila.
Donald Trump Accuses Fed of Creating Inflation
President of the United States Donald Trump on Wednesday, January 29, slammed Federal Reserve Chairman Jerome Powell and the US central bank for failing to stop the problem they created with inflation.
Fed Holds Interest Rates Steady
The Federal Reserve system on Wednesday, January 29, decided to keep its key interest rate at the same level.
Bank of Japan Raises Interest Rates
On Friday, January 24, the Bank of Japan decided to raise interest rates to the highest level since the global financial crisis of 2008.
Citi Says Asian Tech Fundraising to Increase in 2025
Citi predicts an increase in momentum in Asian fundraising for technology companies in the current year.
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