Report - page 71

News

China’s Property Crisis Worsens

Last month, China’s economic system demonstrated what can be described as ambiguous performance indicators, as evidenced by a kind of statistical situation in which the volume of investment in the Asian country’s real estate sector continued to be on a downward trajectory, but at the same time a moderate increase in consumer spending was recorded, […]

Finance & Economics

Ethiopia Intends to Allow Foreign Lenders to Acquire Local Banks

Ethiopia’s Council of Ministers has approved a bill according to which foreign financial institutions are granted the right to acquire stakes in the banks of this African country.

News

China’s Rate-Cut Calls Rise

In China, calls for cutting interest rates are now becoming louder and louder, which are addressed to the central bank of this Asian country.

News

Shanghai Yangpu District Seeks to Expand Its Growing Digital Ecosystem

Shanghai’s northeastern Yangpu district, which has already become a kind of hub for many large technology companies, is seeking to gain smaller-scale firms.

News

Broadcom Shares Rise

On Thursday, June 13, the value of Broadcom shares showed an increase of approximately 12% after the company published information on the economic results of its activities for the second fiscal quarter.

News

Blockchain Company Squad Labs Raises $10 Million

The blockchain company Squad Labs has raised new funding for $10 million.

Fintech & Ecommerce

Radar CEO Says Geolocation to Drive Future of Digital-Physical Commerce

Radar CEO and co-founder Nick Patrick, during a conversation with media representatives, said that currently there is a kind of transformation in the orientation of geolocation and geofencing, which are gradually shifting the focus from advertising to the product.

News

MetaMask Adds Pooled Staking

MetaMask, the most popular wallet for Ethereum, will provide its users with a pooled staking feature.

News

Saudi Fintech Rasan Jumps by 30%

Saudi fintech company Rasan Information Technology Co. has moved forward in its debut in Riyadh, managing to raise 841 million riyals ($224 million) amid the hype associated with the listing, as a result of which several companies have started trading in the kingdom over the past month.

News

Worldpay Says About Growth of Demand for Digital Wallets in China and India

Based in the United Kingdom, Worldpay, a company specializing in the implementation of payment transaction processing activities, has published a report according to which there is currently an increase in the use of digital wallets at the global level.

Finance & Economics

Fed Keeps Interest Rates at 23-Year High

The Federal Reserve on Wednesday, June 12, announced that its benchmark lending rates remain at the current level.

News

Linq Raises $6.6 Million to Bring AI to Financial Analysts

Startup Linq raised $6.6 million in investment funds.

News

US Reportedly Considers Further Restrictions on China’s Access to Chip Technology

The media reported that the administration of the President of the United States Joe Biden is currently considering the possibility of introducing additional restrictive measures regarding the possibility of China’s access to chip technologies.

Science & Technology

Apple Shares Hit Record High

The value of Apple securities on Tuesday, June 11, increased by 5%, reaching a new record high of $203 per share.

News

UK Unemployment Hits 2.5-Year High

In the United Kingdom, unemployment unexpectedly rose, reaching its highest level in more than two and a half years.

Blockchain & Crypto

Ripple to Drive Blockchain Innovation in Japan and South Korea

The Ripple blockchain company has launched a fund in South Korea and Japan.