Explained - page 47

News

China’s Services Activity Expands at Slow Pace

In China, an increase in the level of activity in the local sphere of services was recorded last month, the intensity of which turned out to be lower than the indicator of preliminary expectations regarding this parameter of the functioning of the corresponding area.

Finance & Economics

IMF Chief Says About Advantage of Late Fed Rate Cuts

The head of the International Monetary Fund, Kristalina Georgieva, said that the Federal Reserve and other major central banks face great risks if they decide to ease monetary policy too early.

Science & Technology

Qualcomm Reports Earnings

Qualcomm last Wednesday, January 31, published its financial results for the quarter ended December 24, 2023.

News

FIS Launches Networking Program

Technology company FIS, which specializes in providing financial services, announced the launch of the FIS Fintech Hangouts 2024 series.

News

German Prices Ease More Than Expected

At the beginning of the current year, inflation in Germany showed a slowdown, the pace of which turned out to be more significant than initial expectations for the dynamic of the decrease in the intensity of growth in the cost of goods and services.

Finance & Economics

IMF Lifts World Economic Outlook

The International Monetary Fund (IMF) has improved its forecast for global economic growth in 2024.

News

Philippines Central Banker Says About Possibility of Rate Cut

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.

Finance & Economics

US Economy Demonstrates Growth

The United States economy demonstrated what can be described as shocking resilience in the fourth quarter of last year.

Finance & Economics

China’s $6 Trillion Stock Wipeout Signals Deeper Problems

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 […]

News

ASML Orders Surge to Record in Q4

ASML Holding, a Netherlands-based manufacturer of equipment used in the chip production process, on Wednesday, January 24, released profit data for the fourth quarter of last year.

News

Nvidia CEO Makes China Tour

Co-founder of Nvidia Corp. Jensen Huang went on his first trip to China in four years.

News

China Actively Buys Chip Gear to Beat US Curbs

In 2023, there was a significant increase in the volume of imports of equipment necessary for the production of microcircuits to China.

Fintech & Ecommerce

Dataroid Raises $2 Million

Dataroid, a major player in the digital analytics and customer engagement industry, has announced that it has managed to raise $2 million in investment funds.

Fintech & Ecommerce

Digital Onboarding Raises $58 Million

Digital Onboarding has announced that it has managed to raise funds for $58 million from the investment firm Volition Capital to realize the intention to expand its digital interaction platform for banks and credit unions.

Fintech & Ecommerce

Bank of England Says About Impact of Quantum Computers on Financial Markets

According to the vision of the Bank of England, super-powerful quantum computers can become a catalyst for significant innovations in financial markets.

Science & Technology

TSMC Announces Delay in Commissioning of Its Second Arizona Factory

Taiwan Semiconductor Manufacturing Co. (TSMC) has announced another delay in commissioning its plant in the US state of Arizona.