Chinese fund management organisations are increasingly introducing equities funds that are mostly funded by the company’s own capital in response to strong demand from regulators to assist revitalise a struggling stock market. As authorities rush to rescue a stock market… Read More ›
The country’s ageing population poses a serious danger to the long-term development prospects of the economy by undermining Beijing’s policy objectives for the next ten years, which include increasing domestic consumption and containing spiralling debt. China’s population of over 60s… Read More ›
Volvo Cars, which opens a new tab in Davos on Wednesday, defies more pessimistic predictions from competitors by maintaining confidence in “tremendous growth” in the electric vehicle sector, CEO Jim Rowan told the Reuters Global Markets Forum. The automaker stated… Read More ›
European coffee roasters have seen a sharp increase in expenses as a result of Houthi rebel attacks on ships in the Red Sea, although merchants and industry analysts say it is doubtful that these costs will be passed on to… Read More ›
China missed GDP forecasts for the fourth quarter on Wednesday, but it started disclosing the youth unemployment rate again. China’s National Bureau of Statistics reports that the country’s GDP increased by 5.2% during the last three months of 2023. That… Read More ›
When the CEOs of the largest investment banking firms revealed their fourth-quarter earnings on Tuesday, they gave a positive assessment of the state of the U.S. economy and deal pipeline, but they also cautioned about potential threats to the emerging… Read More ›
According to a report from the Boston Consulting Group, if global banks take significant action to encourage growth and increase productivity, they might increase their valuations by a total of $7 trillion over the course of the next five years…. Read More ›
The US financial giants Wells Fargo, Bank of America, and Citigroup revealed in their fourth-quarter reports that they cut their workforces by a total 17,700 last year. Banks terminated staff members or ceased hiring new ones last year as dealmaking dried… Read More ›
According to research firm Insider Intelligence, political advertising expenditure in the United States is predicted to increase by 30% this year compared to the previous presidential election in 2020, in part due to increased spending on digital platforms. According to… Read More ›
December saw a third consecutive month of declines in factory-gate prices and consumer prices in China, underscoring ongoing deflationary pressures in an economy that is finding it difficult to make a sustainable recovery. The consumer price index (CPI) increased 0.1%… Read More ›
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