According to two US Federal Reserve members who joined the chorus of American central bankers, the members are downplaying the need to cut interest rates in the face of persistent inflation. One of them issued a warning, stating that should… Read More ›
Regulations & Legal
Research Shows Women In UK Finance Industry Make A Third Less Than Their Male Counterparts
Salary data from 21 corporations analysed by Reuters reveals that some of the leading financial organisations in Britain pay women 28.8% less on average than their male counterparts, despite their stated goal of increasing the number of women hired for… Read More ›
Bank Of England Establishes Guidelines For The “Digital Sandbox”
In an effort to stay up with the quick speed of technological advancement, the financial regulators in Britain opened up public comment on their new “sandbox” for trading digital assets in “real world situations” on Wednesday. Within a strictly regulated… Read More ›
Japan’s Economy Sustains Itself And Grows To Its Full Potential. BOJ Rate Increase Possibilities
In the October–December quarter, Japan’s economy expanded to its maximum potential for the first time in about four years, a promising development that might permit the central bank to hike interest rates once again. According to a Bank of Japan… Read More ›
Market Value Of China Xiaomi Increased By $7.6 Bln Since Its EV Launch, Higher Than GM And Ford
The electronics manufacturer Xiaomi’s fast electric automobile, which was introduced last week, attracted a lot of interest, and shares of the company rose as much as 16% on Tuesday. However, a stockbroker predicted the company would lose about $10,000 on each car… Read More ›
Just Days After Going Public, Stocks Of DJT, Ticker For Trump’s Truth Social, Tumbles Down
There was a 20%+ decline in the shares of Donald Trump’s social networking company, which was listed under the DJT ticker less than a week ago. The decline follows the announcement by Trump Media & Technology Group that it lost… Read More ›
China Shows Better Indicators Even As Factory Activity In Asia Declines
According to surveys and data released on Monday, factory activity in many Asian economies shrank in March, although there were some encouraging signals in China and South Korea. These findings provide a mixed image of the once rapidly growing major… Read More ›
Japan’s Service Sector Sentiment Reaches A 33-Year High, Opening The Door For Additional BOJ Raises
According to a central bank survey, optimism in Japan’s services sector reached a 33-year high in the first quarter due to increasing tourism and rising profits from price hikes. This maintained market expectations of an additional interest rate hike before… Read More ›
For The First Time In Six Months, Industry Activity In China Increased In March
An official factory survey released on Sunday revealed that China’s manufacturing activity increased in March for the first time in six months, providing policymakers with some respite even as the country’s economy and confidence continue to be negatively impacted by… Read More ›
India’s Q4 GDP Growth Of 8% Or Higher Is Expected – Finance Minister Sitharaman
According to Nirmala Sitharaman, the finance minister of India, the Indian economy is anticipated to grow at the similar rate in 2023–2024, highlighting the benefits of better macroeconomic stability and inflation control. In the quarter ending March 31, India’s GDP is expected… Read More ›