Bill Winters, CEO of Standard Chartered Bank, said during a speech at the World Government Summit in Dubai that China is currently facing a lack of trust, which, in his opinion, is the most serious poser in the context of economic problems of this Asian country.
For the seventh month in a row, Germany has recorded an improvement in the prospects for investment activity, which gives reason to hope that the worst times for the largest European economic system are in the past and the future will be a space for the implementation of a more favorable scenario.
A new study from Juniper Research, revealed that the value of B2B payments will grow 40% by 2028, up from $89 trillion in 2024, largely due to digital payment adoption in developing markets.
The International Monetary Fund (IMF) has improved its forecast for global economic growth in 2024.
In 2024, the profit indicator of China’s largest industrial enterprises, for which 2023 was the second consecutive year of downturn, may increase slightly against the background of improving prospects for Beijing’s export activities and the implementation of a policy of support from local authorities.
The Ministry of Finance of India believes that in the next fiscal year, the economy of this country is likely to show growth of 7%.
Philippine central bank Governor Eli Remolona said that an interest rate cut during the current year is possible, but noted that a similar decision by the financial regulator in the first half of 2024 is unlikely.
Intel’s share price fell in the premarket on Friday, January 26, after the chip manufacturer published an outlook for the first quarter of the current year, which turned out to be worse than analysts’ expectations, although the company’s results for the last three months of 2023 exceeded Wall Street estimates.
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 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.
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.
In the foreseeable future, deflation may become a factor influencing the dynamic of the process of growth of the Chinese 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.
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.
Luis de Guindos, Vice President of the European Central Bank, stated that the eurozone’s economic system may have experienced a downswing at the end of last year, and noted that difficulties in this area are likely to continue in 2024.
The number of watchers of the Bank of Japan is increasing, who are changing their forecasts regarding the termination of the policy of negative interest rates.
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