Chinese businessmen are hoping that a round of discussions would lessen the shock to the largest electric car sector in the world following the European Commission’s anticipated action to boost tariffs on Chinese automobiles. For Chinese electric vehicle manufacturers, the preliminary… Read More ›
Regulations & Legal
ECB Rate Drop In June Is Almost Done, And Most People Also Predict Cuts In September And December: Reuters Survey
All 82 economists surveyed by Reuters seem to be in agreement that the European Central Bank would lower interest rates on June 6. Most of them also projected two more rate cuts in September and December. However, financial markets are… Read More ›
Easing Of Bets On Rate Cuts And Profit Taking Results In Drop In Gold Prices
Tuesday’s decline in gold prices was caused by investors taking gains following a recent surge and pressure from the less likely possibility of rate reduction by the Federal Reserve. The market was also waiting for important U.S. inflation data that… Read More ›
Quickest Yearly Hike Rate Since March 2015 In Corporate Service Prices In Japan
According to Bank of Japan statistics released on Tuesday, Japanese corporate services prices increased in April at their quickest rate since early 2015. This was due in part to rising labour costs in the services sector, which is encouraging for… Read More ›
Its Appropriate Time Next Week For A Rate Cut, Says Rehn Of European Central Bank’s Rehn Says
It seems almost certain that there will be an interest rate drop next week after two influential European Central Bank members on Monday threw their support behind the idea. Olli Rehn, the director of Finland’s central bank and a member… Read More ›
Chinese EV Manufacturers Are Pushing Hard Into Europe Despite The Looming Prospect Of Tariffs
Even as lawmakers speculate that significant tariffs on automobiles from the second-largest economy in the world may be imposed, Chinese electric carmakers are growing their presence in Europe. This week, Nio inaugurated a store in Amsterdam, while last week, Xpeng… Read More ›
How Digital Health Businesses Are Benefiting From The GLP-1 Surge
Losing weight has become a difficult endeavour for Charlotte, North Carolina kindergarten teacher Grey Beard. She had never seen long-lasting effects from any of the five programmes she had attempted in her life. Her fortune began to turn around the… Read More ›
Some Bond Investors Are Alarmed By The Growing US Debt Load Ahead Of The Election
Ahead of this year’s presidential election, investors anticipate a deluge of U.S. government debt issuance that, over time, may dwarf an anticipated bond rise. This is because they see no end in sight for significant budget deficits. Although speculations on… Read More ›
Larger Investors Defying EM Outflows By Flooding Developing Markets With Cash
According to a seasoned Bank of America economist who spoke with Reuters, large investors are starting to devote more capital to developing economies as they seek returns. This might signal a structural change in the way they manage their wealth…. Read More ›
Firms Engaged In Buy Now, Pay Later Business Will Be Governed By Credit Card Regulations, Says US Consumer Regulator
In an effort to exert more control over the rapidly expanding industry, the U.S. Consumer Financial Protection Bureau announced on Wednesday that it will apply certain credit card consumer protection regulations to buy now, pay later (BNPL) lenders. Retailers and… Read More ›