The Purchasing Manager’s Index survey reveals a deepening of an economic crisis in Hong Kong – one of Asia’s leading financial hub. An IHS Markit survey that was published on Tuesday shows, business activity in Hong Kong’s private sector has… Read More ›
UniCredit’s bid for Commerzbank AG is despite the fact that the latter is negotiating merger talks with Deutsche Bank. UniCredit aims to merger Commerzbank with its HypoVereinsbank. On Thursday, as per a report by the Financial Times, UniCredit SpA is… Read More ›
Geo-political tensions, including a widening rift between the U.S. and Turkey, along with Erdogan’s grip on monetary policy are upping the stakes for Eurozone’s banks in Turkey. On Friday, with the Turkish Lira registering yet another record low against the… Read More ›
John McFarlane, chairman of the lobby group The CityUK, remains optimistic despite the prevailing gloom and the lack of clarity surrounding UK’s Brexit strategy. Britain is home to the world’s biggest banks is also the largest insurance market in the… Read More ›
Allegations of widespread wrong-doings have plagued Australia’s finance sector since many years, adding pressure on the industry to undergo a thorough root-and branch reform. On Monday, the head of the government-backed inquiry which is delving into Australia’s finance sector to… Read More ›
Nippon Life Insurance’s move is in line with the insurance industry’s efforts to divert funds into foreign corporate bonds and alternative investments, however the rise of interest rates in the U.S. is likely to pose a challenge to its strategy… Read More ›
The Nobel Sustainable Trust along with Sustainable Technology Investors Ltd (STIL) have created a venture fund aiming to tap this new source of funding, which, in turn, is aimed at fighting the effects of climate change. Whoever said green technology… Read More ›
Here is the likely scenario of the British farmer in a post-Brexit world. It is interesting to see how one referendum has such widespread impact. Following Brexit Britain will be radically overhauling its agricultural policy since it will no longer… Read More ›
The British manufacturing industry along with its financial and banking sector is likely to bear the brunt of a hard Brexit strategy. Today, British manufacturers have told Prime Minister Theresa May, it would be prudent to drop the threat of… Read More ›
While the U.S. government may want Japan to open up its agricultural sector, Japan would prefer that the talks revolve around issues such as foreign direct investment, infrastructure and energy. Japan has outright rejected U.S. demands for more access to… Read More ›
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