Following adjustments imposed as part of a broader campaign to minimise wealth disparity, China’s securities regulator and central bank reduced budget allocation for staff pay in 2023. The China Securities Regulatory Commission (CSRC) budget report for 2023 was released on… Read More ›
Day: May 16, 2023
G7 Pledges To Diversify Supply Chains And Solve Regulatory Weaknesses In Banking – Draft
According to a final draft of its communiqué, finance leaders of the Group of Seven (G7) leading nations set a year-end goal for establishing a new programme to diversify global supply chains and committed to fix regulatory holes in the… Read More ›
US Treasury Secretary Yellen Is Optimistic About Resolving The ‘More Harder’ Debt Ceiling Standoff
US Treasury Secretary Janet Yellen said on Saturday that a showdown over raising the US debt ceiling would be “more difficult” than in the past, but she remained optimistic that a solution could be found to avoid a first-ever US… Read More ›