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.
Finance & Economics - page 9
Survey Shows American Firms in China Fearful of Washington-Beijing Trade Turmoil
More than half of American businesses in China are currently concerned that the condition of interaction between the world’s two largest economies is nowadays on a downward trajectory.
Capital One’s Card Purchase Volumes Demonstrate Growth
Last Tuesday, January 21, Capital One published information on the results of its activities for the fourth quarter of 2024.
Goldman Sachs Launches Internal Gen AI Assistant
Goldman Sachs has launched an AI-powered assistant for its employees to enhance wealth management services. The firm hopes this smart tool will absorb Goldman’s corporate culture over the coming years making its assistance akin to the one provided by the company’s seasoned banker.
Donald Trump Plans to Impose 25% Tariffs on Mexico and Canada
President of the United States Donald Trump announced last Monday, January 20, during a signing ceremony in the Oval Office that his administration would impose 25% tariffs on goods imported from Canada and Mexico from February 1.
Bank of Japan Reportedly to Raise Rates to Highest in 17 Years
The Bank of Japan is expected to decide on raising interest rates on Friday, January 24, if there are no global shocks on the market by then.
South Korea Braces for Donald Trump’s Policies With Biggest-Ever Export Finance Support
South Korea on Monday, January 20, pledged to set aside a record amount of financial support for exporters to mitigate any potential consequences of a likely change in United States trade policy after the inauguration of Donald Trump.
Donald Trump Reportedly to Hold Off on Immediate China Tariffs
The media, citing insiders, published information according to which US President-elect Donald Trump will not unveil tariffs on goods imported from China on his first day in office.
Survey Shows Japan Companies Prepares for Donald Trump Tariffs
Most Japanese companies that have operations in the United States are currently preparing for possible additional tariffs after the inauguration of US President-elect Donald Trump.
ILO Says Global Unemployment to Hold Near Historical Low of 5%
The International Labor Organization published a report this week, which contains information that the global unemployment rate last year was steady at a historic low of 5%.
China Hits 5% GDP Target
Last year, China’s economic system growth exceeded preliminary expectations.
IMF Lifts Global Economic Growth Forecast
The International Monetary Fund on Friday, January 17th, published a new version of its forecast for global economic growth which has been revised upward.
Bank of America Reports Earnings
Last Thursday, January 16, Bank of America published information about its earnings for the fourth quarter of 2024, which exceeded analysts’ preliminary expectations regarding the dynamic of the relevant indicators.
Citi Plans $20 Billion in Buybacks
Citigroup has cut its closely watched profitability target for 2026, as this lender is currently struggling with regulatory expenses that demonstrate the dynamic of growth.
Scott Bessent Warns Risk of Crisis
Treasury Secretary nominee Scott Bessent warned that a crisis scenario could be realized in the United States economic system, which would become a situation with painful consequences for the middle and working-class people.
U.S. Bancorp and PNC Predict Muted First-Quarter NII on Loan Demand
In the United States, two major regional banks have released muted forecasts for their net interest income in the first quarter of the current year amid uncertainty about the extent to which low interest rates will revive demand for loans.
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