Tag: Finance

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Treasury market faces liquidity risks

The Federal Reserve set to begin by letting bonds mature off its $9 trillion balance sheet. The key metric to watch will Treasury volatility...

US bank profits dip as lenders rebuild loss cushions

U.S. bank profits dropped 6.5% in the first quarter of 2022 to $59.7 billion. This is because larger firms grew their loan loss provisions...

Financial risks of climate change overplayed

Central bank policymakers and other global authorities are exaggerating the financial risks of climate change, said a senior HSBC banker in charge of sustainable...

Outspoken market analyst’s Chinese social media accounts suspended

The Chinese social media accounts of an outspoken Hong Kong-based market strategist were suspended after a series of downbeat commentaries and a slump in...

Visa allays slowdown fears as strong consumer spending lifts quarter

Visa Inc said that it expects revenue to accelerate past pre-pandemic levels, reassuring investors of a sustained recovery against the backdrop of challenging macroeconomic conditions...

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Hefei’s Rapid Industrial Growth Highlights China’s Economic Imbalance

Hefei has emerged as one of China’s leading centres...

Qualcomm and Amazon Forge Major AI Chip Partnership, Including $4 Billion Stock Warrant

Qualcomm has entered into a long-term partnership with Amazon...

RBI Withdraws Over ₹6 Trillion as Banking Liquidity Hits Record High

The Reserve Bank of India (RBI) absorbed more than...

Major Banks Unite to Develop Dollar Stablecoin for 2027 Launch

A coalition of 21 financial institutions, including Goldman Sachs,...

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