A few years ago, Western financial firms—from asset management to investment banking—were in a mad rush to establish global presences and hire top personnel in China due to the country’s rising economy and attractive economic opportunities. But many of the… Read More ›
Officials from the European Central Bank are sticking to their intentions to drop interest rates several times this year, despite the fact that rising US inflation is delaying the US Federal Reserve’s shift to a looser monetary policy and Middle… Read More ›
The “halving,” which occurs approximately every four years for Bitcoin, the largest cryptocurrency in the world, ended on Friday, according to CoinGecko, a data and analysis company for cryptocurrencies. After that, Bitcoin was comparatively stable, dropping 0.47% to $63,747. The… Read More ›
US financial regulators are to try again to control the compensation of Wall Street CEOs, an unfulfilled mandate of the Dodd-Frank Act of 2010 that has kept falling short. The Federal Deposit Insurance Corp (FDIC) intends to vote on a… Read More ›
Tablecoin Paolo Ardoino, the CEO of Tether, stated on Friday that the company’s recent rise is not due to the desire for cryptocurrency trading, but rather to its use as a substitute for the US dollar in emerging economies. Stablecoins,… Read More ›
Hyundai of South Korea announced on Friday that it had stopped running advertisements on X, formerly known as Twitter, and that it is having direct conversations over brand safety concerns with the Elon Musk-owned social media platform. Reuters has requested… Read More ›
On Thursday, Tesla’s stock dropped to its lowest level in over a year as a result of Deutsche Bank expressing concern about the electric carmaker’s growing emphasis on its autonomous vehicle offerings during lean times. In response to the brokerage… Read More ›
While touring the crucial swing state of Pennsylvania, President Joe Biden is urging the U.S. Trade Representative to treble the tariff rate that China imposes on imports of steel and aluminium. The president is scheduled to visit the United Steelworkers… Read More ›
Europe’s auto industry group stated on Thursday that new car sales in the EU decreased by 5.2% year over year in March, which was the largest loss since July 2022 and the first decline of the year. The decline was… Read More ›
The International Monetary Fund is issuing a warning against market overconfidence as investors wait for central bankers to successfully execute a “soft landing” in their protracted fight against inflation. Markets have been “quite optimistic” since the October edition of the… Read More ›
manageria.biz 