Chinese regulators have approved Blackrock’s application to sell mutual funds in the country through its Blackrock Fund Management Co.,...
Archive for category: TRENDS ON THE GLOBAL ECONOMIC FRONT
El Salvador’s legislature has rubber-stamped president Nayib Bukele’s proposal that the country recognize Bitcoin as legal tender. We reported...
Through 2020, shipping companies were selling their older boats for scrap as global demand for non-essential goods crashed. Now,...
Decentralized finance, or “defi,” software is streamlining cryptocurrency transactions by allowing buyers, sellers, and traders to deal directly with...
Chinese law enforcement agencies swept through 23 cities, provinces, and regions last week, busting 170 criminal groups and arresting...
Last month, China’s producer price index (PPI) jumped 9 percent from a year earlier, marking its fastest pace since...
Cryptocurrencies should be subject to the most stringent bank capital rules of any asset, a committee of the world’s...
Russia’s central bank has raised its benchmark interest rate from 5.0 percent to 5.5 in an attempt to cool...
The world’s economy will grow 5.6 percent this year, the World Bank has forecast, up 1.5 percentage points from...
Although the European Central Bank (ECB) has increased its forecast for both economic growth and inflation in the Eurozone...
Since 2011, capital investments in energy and mining have fallen by 40 percent, according to Schroders, a British asset...
Prices around the world are climbing, putting a brake on the global economic recovery and raising fears that everything...
A recent outbreak of COVID-19 cases (100) in southern China threatens global trade because major ports have closed down...
New waves of COVID infections across parts of Asia, where vaccine campaigns have barely begun, are slowing production of...
China’s central bank has raised the proportion of foreign currency commercial banks must hold from 5 percent to 7...
The private equity firms Blackstone Group, Carlyle Group, and Hellman & Friedman have agreed to pay $34 billion to...
As part of HSBC’s promise to “move the heart of the business to Asia,” the London-based bank has split...
Workspace, a London-based company renting out flexible office and light industrial spaces, saw its first-quarter rents fall 13 percent...
Gambling that India’s disastrous second COVID surge has passed, investors have poured cash into the country’s stock market, lifting...
Finance ministers of the G7 group of nations have reached an agreement that they should levy a minimum tax...