Launch your crypto brokerage in just 7 days

Launch your crypto brokerage in just 7 days

Sponsored

News: Banks and Finance - Liquidity Provider: FinTech Media

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.

China’s Consumer Spending During Spring Festival Was Weak. But Olympics-Related Wares Were a Hit

China’s Consumer Spending During Spring Festival Was Weak. But Olympics-Related Wares Were a Hit Tourism and moviegoing performed particularly poorly – both of which are typically strong performers over the Christmas season – but food and Olympic-related items performed better.

Read More

Natural Gas Has Seen Big Price Swings. Why Investors Should Buckle Up

Natural Gas Has Seen Big Price Swings. Why Investors Should Buckle Up Natural-gas futures hit their best one-day percentage gain on record on January 27, with the February contract rising 46.5 percent on its expiry day to $6.265 per million British thermal units, the highest level since October of last year.

Read More

Hong Kong Sets Stage For E-CNY Use, To Launch Pilot 'Soon After Spring Festival'

Hong Kong Sets Stage For E-CNY Use, To Launch Pilot ‘Soon After Spring Festival’ He did not provide a specific debut schedule, instead saying that it would start shortly after the Spring Festival. This season finishes on the 15th day of the Lunar New Year, which occurs on February 15, according to Chinese traditions.

Read More

Goodbye Easy Money as Hawkish Central Banks Speed Up Rate Hikes

Goodbye Easy Money as Hawkish Central Banks Speed Up Rate Hikes Two years after the pandemic sent the global economy into a deep but brief recession, central bankers are withdrawing emergency assistance – and they're doing it far more quickly than either they or most investors anticipated.

Read More

FTSE Falls Amid Stronger Pound As Bank Of England Increases Interest Rates

FTSE Falls Amid Stronger Pound As Bank Of England Increases Interest Rates On Thursday, the European equity market fell into the negative territory as investors processed the Bank of England's decision to raise interest rates from 0.25% to 0.5%.

Read More

3 Assets That Have The Most To Fear From The Fed

3 Assets That Have The Most To Fear From The Fed The market convulsed last week at the prospect of the Fed shifting away from crisis-era stimulus toward tightening for fighting inflation, with equities dropped at the prospect of higher interest rates.

Read More

The Simple Reason Why So Many Can’t Afford Housing

The Simple Reason Why So Many Can’t Afford Housing There is no universally accepted concept of home affordability. The US Department of Housing and Urban Development uses the concept that any family that spends more than 30% of their pretax income on housing has a property affordability problem and is deemed burdened. Discover

The Manufacturing Economy Is Slowing. Blame Covid

The Manufacturing Economy Is Slowing. Blame Covid The Purchasing Managers' Index, or PMI, from the Institute for Supply Management, came in at 57.6 in January, down from 58.8 in December. Economic forecasters anticipated a rating of 57.5.

Read More

India to Tax Crypto Income, Launch Central Bank Digital Currency

India to Tax Crypto Income, Launch Central Bank Digital Currency Tax revenue from the transaction of crypto assets-related products would be charged at a rate of 30%, according to Finance Minister Nirmala Sitharaman's budget address on Tuesday.

Read More

Goldman Sachs Expecting Five Rate Hikes This Year

Goldman Sachs Expecting Five Rate Hikes This Year After this week's statistics, analysts changed their inflation path predictions, as "Chairman Powell's statements previously this week openly admitted that the Federal Reserve authorities are ready to a more aggressive tempo of tightening."

Read More

Us-China Tech War: Shenzhen To Establish International Sourcing Platform

Us-China Tech War: Shenzhen To Establish International Sourcing Platform For Semiconductors As Global Chip Shortage Persists With critical online and physical infrastructure, the authorities want Shenzhen-based enterprises to group with each other and acquire bigger influence when purchasing hardware, electronic parts, and raw materials.

Read More

Hong Kong Retail Banks Are Having Their Worst Time In A Decade As Low Interest Rates Crimp Profits

Hong Kong Retail Banks Are Having Their Worst Time In A Decade As Low-Interest Rates Crimp Profits Hong Kong's retail banks are experiencing their worst year in a decade, as low-interest rates combined with the ongoing Covid-19 outbreak have slashed profit margins for the third straight year.

Read More

This Fed Meeting Is Crucial. Future Rate Hikes Are Just The Start

This Fed Meeting Is Crucial. Future Rate Hikes Are Just The Start Ryding also does not expect the Federal Reserve to follow in the footsteps of the Bank of Canada, which unexpectedly terminated its asset purchasing in 2021. "What I expect to receive is clarification from the Federal Open Market Committee Session," he said.

Read More

Bank of Korea Says First Phase of CBDC Test Completed Successfully

Bank of Korea Says First Phase of CBDC Test Completed Successfully It is noted in the statement the first part evaluated the fundamental functionalities of a CBDC in a simulated ecosystem, involving fabrication, releasing, and delivery. It summed up that the CBDC "functions properly" under test settings.

Read More

Hong Kong Billionaire Loses Half Her Fortune on China Probe

Hong Kong Billionaire Loses Half Her Fortune on China Probe Huabao International Holdings Ltd. plunged a record 67% in Hong Kong trade after the company's disclosure that Chairwoman Chu Lam Yiu was under investigation for possible disciplinary infractions. Discover

Shanghai Mayor Wants More Chip Production Facilities to Support New-Energy Vehicle Growth

Shanghai Mayor Wants More Chip Production Facilities to Support New-Energy Vehicle Growth Shanghai, which is home to Tesla's largest manufacturing base, aims to boost automotive chip manufacturing capacity to meet the growing rise of smart electric vehicles (EVs).

Read More

1
…
7
8
9
10
11
…
15

This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.