The International Monetary Fund predicts 6.6% growth in China’s economy this year with 2% inflation, praising Beijing’s reform drive as a positive contributor to enviable performance. However, the IMF also pointed to the predominance of […]
Japan’s three leading banks stand to take a hit ¥300 billion hit to their bottom lines due to the Bank of Japan’s negative interest rates, according to Nikkei. Japan’s Financial Services Agency warned the central […]
New rules in India open the way for as much as 100% foreign direct investment in financial services. Such investments can be made under an automatic route if the services involved are regulated by the […]
There were 204 global mergers and acquisitions among digital shops, ad tech firms and analytics companies in the first half of 2016, valued at around $6.8 billion, R3 reports. In the same period last year, […]
Big banks reportedly want another extension on compliance with provisions of the Volcker rule, a portion of the 2010 Dodd-Frank Act that prohibits banks from making speculative bets with their own capital. The banks want […]
Encouraging data on corporate profit, the labor market and oil prices sent the Standard & Poor’s 500 index, the Nasdaq composite and the Dow Jones industrial average to record closing highs Thursday. This is the […]
Appetite for gold is showing no signs of abating, as figures from the World Gold Council revealed record investment demand (1,064 tons) in the first half of 2016. The trend for ETFs to pile in […]
The world will consume less oil next year than previously thought due to a “dimmer macroeconomic outlook,” the IEA said in its monthly oil market report. The energy watchdog expects global oil demand to grow […]
Home sales in the UK are experiencing the most severe decline since the 2008 financial crisis, the Royal Institution of Chartered Surveyors said. Britain’s vote to leave the EU has shaken the confidence of consumers […]
© Copyright 2016-2019 Tristan Van Iersel - All Rights Reserved.