Tag: Finance
The Chinese economy needs an upgrade, banks clamber to rush to...
An economy still under the reigns of the virus requires maximum aid given, and thus, on Wednesday the CBB—Chinese Construction Bank CORP (601939.SS) have...
U.S Deputy Treasury Chief is stern that Russian oil revenue must...
Wally Adeyemo, the U.S. Deputy Treasury Secretary, had stressed the importance of reducing Moscow’s oil revenue, as it must have likely risen against the...
A concerning 50% possibility of U.S. recession is forecasted by CEO...
Financial Services kingpin Morgan Stanley (MS.N) is a trusty leading world-class investment bank and wealth management firm. Although it has fared well through many...
Interventions in currency ready to be imposed by Japan after the...
On Friday, Japan’s Government stepped up to have a discourse on a long-laying issue. Hot on their heels, the central bank announced that with...
Russian Cenbank downplays role of dollar and euro
The role of the dollar and so the euro as global currencies is prepared to say no. This can be actually because, after the...
Treasury market faces liquidity risks
The Federal Reserve set to begin by letting bonds mature off its $9 trillion balance sheet. The key metric to watch will Treasury volatility...
US bank profits dip as lenders rebuild loss cushions
U.S. bank profits dropped 6.5% in the first quarter of 2022 to $59.7 billion. This is because larger firms grew their loan loss provisions...
Financial risks of climate change overplayed
Central bank policymakers and other global authorities are exaggerating the financial risks of climate change, said a senior HSBC banker in charge of sustainable...
Outspoken market analyst’s Chinese social media accounts suspended
The Chinese social media accounts of an outspoken Hong Kong-based market strategist were suspended after a series of downbeat commentaries and a slump in...
Visa allays slowdown fears as strong consumer spending lifts quarter
Visa Inc said that it expects revenue to accelerate past pre-pandemic levels, reassuring investors of a sustained recovery against the backdrop of challenging macroeconomic conditions...
