The previous 12 months have been among the hardest in the recent history of the buyout industry since investors have become more frugal with their funds and private capital fundraising has dropped to five-year lows, according to industry leaders and… Read More ›
Entrepreneurship
Ukrainian Economy Is Expected To Face Challenging Times In 2024 Due To Growing Concerns About Western Funding
The struggling Ukrainian economy can survive for a few months until outside help comes in, but things will undoubtedly get harder in 2024 and Kyiv will have to rely more on its own resources. The majority of the $43 billion… Read More ›
US Economy Remains Strong As Retail Sales Exceed Forecasts And Jobless Rates Remain Low
The holiday shopping season got off to a fast start amid deep discounting, and U.S. retail sales surprisingly increased in November. This is likely to keep the economy on a moderate growth path this quarter and allay fears of a… Read More ›
ADB Says Developing Asia Will Have A Better End To 2023 As China’s Economy Expands
The Asian Development Bank stated on Wednesday that developing Asia is projected to close the year on a more positive note, with growth in the area predicted to be stronger than previously believed mostly because of a resurgence in China’s… Read More ›
Argentina’s Milei Devalues The Currency Peso As Part Of “Shock Therapy”
According to the new government in Argentina, the value of the country’s currency will drop by more than 50% relative to the US dollar. President Javier Milei claims the nation needs “economic shock therapy” to address its greatest crisis in… Read More ›
US Anticipates Awarding Multibillion-Dollar Chips In The Upcoming Year
Within the next year, U.S. Commerce Secretary Gina Raimondo anticipates making about a dozen funding announcements related to semiconductor chips, including multibillion dollar announcements that have the potential to fundamentally alter U.S. chip production. She made the initial award announcement… Read More ›
South Korean Vehicle Battery Companies Compete With Their Chinese Counterparts But With Caution
South Korean manufacturers of automobile batteries have promised to provide a more reasonably priced battery chemistry that is preferred by their Chinese competitors in response to demand from customers looking to diversify away from China. However, executives and company officials… Read More ›
Wishing For The $1 Trillion Base Trade To “Soft Land”
As the so-called “basis trade” comes to an end, hedge funds appear to be reducing their historically large short positions in U.S. Treasury futures. Regulators have cautioned that this unwind could seriously jeopardise the integrity of the financial system. With… Read More ›
Tech Advocacy From Japan Cautions Against The EU Cybersecurity Branding Programme
In a letter to the EU industry leader, the lobby group Japan Association of New Economy joined forces with U.S. Big Tech to express concerns over new cybersecurity labelling laws in the EU, claiming that they could restrict their access… Read More ›
China’s Factory Output Continue To Shrink, And Additional Policy Support Is Anticipated
November saw a faster-than-expected decline in China’s manufacturing activity, indicating that further stimulus will be required to support economic growth and rebuild public trust in the government’s ability to assist business. After better-than-expected third-quarter data, economists raised their projections for… Read More ›