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China’s Central Bank Warns Of Financial Risks, Including Potential Defaults
BEIJING — China’s central bank warned on Thursday of financial risks in the country that have accumulated over the…
Dollar Consolidates Q1 Gains With Biden’s Spending Plan
Backed by a $2 trillion U.S. government spending plan, the dollar consolidated its first-quarter gains on Thursday,…
Bank Of Canada Governor Sees ‘Worrying’ Signs In Housing Market
The Bank of Canada is seeing “worrying” signs that some Canadians are taking on too much debt to buy into the…
W’Bank Revises Nigeria, Others’ Growth Forecast to 3.4%
The World Bank has revised its growth forecast for Sub-Saharan Africa (SSA) from -5.1 per cent to 3.4 per cent…
U.S. Receives $335 Million From Sudan In Victim Compensation -Blinken
The United States has received $335 million from Sudan to compensate victims of the 1998 bombings of the U.S.…
Canadian Economy In January Grows By 0.7%, Feb Seen Up 0.5%
Canada’s economy expanded for a ninth consecutive month in January, rising by 0.7% on gains in both goods and…
Brazil’s Unemployment Rate Rises To 14.2%
Unemployment in Brazil rose in January for the first time in four months, figures showed on Wednesday, kicking off…
Dollar Hits One-Year High On Recovery Bets, Yields Lend Support
The dollar hit a one-year high versus the yen and multi-month peaks with other currencies on Wednesday as investors…
ByteDance Considers Listing Douyin In New York Or Hong Kong: Sources
ByteDance is in talks about a possible offshore listing of its short video app Douyin, the Chinese version of…
Hitachi To Buy U.S. Software Developer GlobalLogic For $9.6 Billion
Hitachi Ltd said on Wednesday it will buy U.S. software company GlobalLogic Inc for $9.6 billion, including…
A Billion Dollars For Every Chip-Maker Who ‘Makes In India’
India is offering more than $1 billion in cash to each semiconductor company that sets up manufacturing units in…
Volvo Cars To Review Various Options Including IPO, Geely Says
China’s Zhejiang Geely Holding Group said on Wednesday its Volvo Cars would explore capital market options…
H&M Slips To Loss, Pledges To Rebuild Trust In China After Backlash
H&M reported a quarterly loss on Wednesday and said that it was dedicated to regaining the trust of shoppers in…
Mastercard, Rivals ‘Ran Cartel’ On Cards For The Vulnerable, UK…
-Mastercard is among five companies which broke the law for cartel behaviour when offering pre-paid cards to…
Ericsson Opens Lab In Canada To Test New 5G Tech
Ericsson is opening a lab in Ottawa, Canada, to work with customers and partners on new 5G radio access networks…
Daimler To Speed Up Electric Shift As 2021 Starts Strongly
Daimler has got off to a good start in 2021 despite a global shortage of semiconductor chips, and plans to…
Bayer To kick Off Sale Of $2.4 Billion Pest Control Unit This Summer –…
German chemicals group Bayer is preparing to kick off the sale of pest control unit Bayer Environmental Science…
Australia Marks Quietest Fire Season In A Decade
Australia’s most populous state has closed out its quietest fire season in a decade, its fire service said, as the…
Asian Shares Wobble, Set For Monthly Loss On Bond Rout
Asian stocks were on the backfoot on Wednesday while the safe-haven dollar held near a one-year high as Treasury…
4 Reasons For Big Moves In Currencies This Week
It will be another busy week for the financial markets with potentially big moves in currencies and equities. On…
Battered Lira Lures Back Japan Traders Looking For Yields
The Turkish lira’s tumble last week flushed out a number of bullish traders. Some Japan’s retail investors are…
Gen X Emerging From Pandemic With Firmer Grip On America’s Wallet
Crammed between the cultural extremes of the baby boomers and the millennials, members of Generation X saw their…
CEE MARKETS-Zloty Falls To 11-Year Low, Pressured By Pandemic And Low Interest…
The Polish zloty weakened to its lowest level since mid-2009 on Monday, underperforming its peers and adding to…
PayPal To Let US Users Pay With Bitcoin, Ethereum, Litecoin From Today
Online payment app PayPal has announced US customers can make payments with its “Checkout with Crypto” feature,…
Golfer Joaquin Niemann Helps Raise $2.1 Million To Save His Infant Cousin’s…
Since announcing himself on the world stage with a PGA Tour victory as a rookie in 2019, Chile's Joaquin Niemann…
Wall Street Opens lower As Spike In Yields Pressures Tech Stocks
Wall Street’s main indexes opened lower on Tuesday as a rise in U.S. bond yields hit heavyweight tech-related…
Fortum Tightens Grip On Uniper In Leadership Shakeout
Finland’s Fortum has tightened its grip on German utility Uniper after a boardroom shake-up that sees changes to…
Austria In Talks To Buy A Million Doses Of Russia’s Sputnik V vaccine
Austria is in talks with Russia to buy a million doses of its Sputnik V coronavirus vaccine, which has yet to be…
Senate Gives CBN Governor 72 Hours Ultimatum To Appear Over ‘Missing $9.5 Million
The Senate has given the Governor of Central Bank of Nigeria, CBN, Godwin Emefiele, an ultimatum of seventy-two…
Microfinance Bank Expands Accessibility
Advans La Fayette Microfinance Bank, an international microfinance institution, has expanded its presence in…