
News: Banks and Finance
In this dedicated space, one can explore a wealth of knowledge encapsulating the domain of Banking and Finance. Designed to cater to the curiosity of those captivated by the banking industry and finance fans alike, it delves into various subjects from the workings of central and commercial banks to the innovative realm of fintech startups. Additionally, it sheds light on macroeconomic aspects such as inflation and financial crises, providing a comprehensive perspective on financial trends and developments.

Meme Stocks Like GameStop, AMC Pose Risks to Financial Stability, Fed Says
The Federal Reserve warned in its biannual financial stability report issued Monday that stock-market volatility caused by a spike of first-time investors who gather on social media might pose a danger to the US financial system.
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China Posts Record Trade Surplus in October as Exports Surge
Despite global supply-chain disruptions, China's exports soared in October, resulting in a record monthly trade surplus. Exports increased 27.1 percent in dollar terms to $300.2 billion last month, according to figures released by the General Administration of Customs on Sunday.
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Asia-Pacific Stocks Fall as Bank of Japan Holds Steady on Monetary Policy
Asia-Pacific stocks fell on Thursday as the Bank of Japan declared that its monetary policy will remain unchanged. In Japan, the Nikkei 225 index fell 0.96 percent to 28,820.09, while the Topix index fell 0.7 percent to 1,999.66.
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China Central Bank Says Evergrande Debt Woes Are Manageable
A central bank official said on Friday that the banking system's spillover impact from China Evergrande Group's debt difficulties is manageable, in rare official remarks on a liquidity crisis at the huge developer that has roiled global markets.
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What A Global Energy Crisis Means For North American Stocks
American shale has dominated the marginal balance of global oil and gas supply growth for much of the last five years. American output reached all-time highs as recently as 2020, thanks to a persistent quest for expansion at any cost.
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