The current negative rate policy of the European Central Bank (ECB) could result in “unintended consequences” on the financial system of the region, said two members of the ECB while expressing concerns about the current interest rate regimen. The policy… Read More ›
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‘Limited Ammunition’ To Fight Recession Left With Central Banks, Warns IMF
The International Monetary Fund has warned that policy blunders of the central banks of the world have pushed the global economy to its weakest point since the global financial crisis of 2008 and the central banks are now wasting scarce… Read More ›
China’s Huawei Not Completely Banned From Bidding In Germany’s 5G Network Building
Germany has effectively not banned Huawei, the Chinese tech giant and the largest manufacturer of telecommunications equipment in the world, from participating in the construction of 5G mobile networks in the country according to a draft proposal prepared by the… Read More ›
No-Deal Brexit Could Force Nissan To Write Off $740m
In the eventuality of the United Kingdom leaving the European Union without any deal which would be a worst case scenario, Japanese auto major Nissan Motor will stand to lose more than 80 billion yen or $737 million in asset… Read More ›
‘Tremendous Damage’ To Global Economy Can Be Done By ‘Addiction’ To Cheap Money
“Tremendous damage” will be done to the global economy in the long run because of the affinity of many central banks towards zero or negative interest rates, warned analysts and added that central banks all around the world are going… Read More ›
Regulator Says Preparations For Risks Like Brexit Need To Be Made By Financial Leaders
The leading body for global financial stability has warned that emerging risks to the global economy including a global economic downturn and Brexit has to be addressed by the global authorities gathering in Washington this week. While much has been… Read More ›
Vague US-China Deal Not Enough For Firms To Being Spending And Investing
There is apparently a difference in the manner in which the United States and China view the partial trade deal that the two parties have managed to reach as reported. While it is being viewed as a trade deal by… Read More ›
Male Fertility Might Be Boosted By Tomato Puree, Say Researchers
A recent study has suggested that sperm quality can be enhanced by a nutrient found in tomatoes called Lycopene. The study found a boost in the quality of the sperm of test participants, who were healthy men and who were… Read More ›
Money Markets Favored By Investors At The Highest Speed Since The Financial Crisis
According to data from FactSet and Bank of America Merrill Lynch, over the past six months, more than $322 billion has been invested in money market funds, which is the highest since the second half of 2008, financial crisis of… Read More ›
Panel Report Severely Criticizes Boeing And FAA Over Safety Certification Of 737 Max
According to the claims of an international panel, adequate review of the new automated safety system in Boeing’s 737 Max had not been done by the US Federal Aviation Administration (FAA). Too much oversight to Boeing was delegated by the… Read More ›