World Economic Magazine

Credit markets will withstand Evergrande shocks

LONDON, Sept 23 (Reuters Breakingviews) - Is China Evergrande (3333. HK) another Lehman Brothers moment? Not at all, according to the $40…

5 years ago

StanChart says Evergrande crisis doesn’t dent enthusiasm for China

By Lawrence White LONDON, Sept 23 (Reuters) - The crisis at indebted developer China Evergrande Group (3333. HK) will not curb Standard Chartered's (STAN.L) appetite…

5 years ago

In the United States, the ‘pink sheets’ are being restructured as a securities regulator attempts to combat fraud!

If a new rule intended to wipe out fraud in this notoriously risky enclave goes into effect next week, up…

5 years ago

The relaxation of COVID restrictions resulted in a 4.8 percent increase in the US economy!

Following the loosening of Covid 19 limitations, the UK economy appears to be on the upswing. According to data from…

5 years ago

Adopting transparency in the FX industry

The use of FX benchmarks has steadily and significantly increased as a result of market demand for risk transparency and…

5 years ago

Five9 investors may do Zoom a favor

NEW YORK, Sept 22 (Reuters Breakingviews) - Zoom Video Communications’ (ZM.O) acquisition of Five9 (FIVN.O) is unraveling. Washington watchdogs are probing the transaction and Five9 investors…

5 years ago

Brand-new Positive Facilities (“Ejabiah”) awards core banking system contract to Islamic software powerhouse Path Solutions

September 22, 2021 - The newly established financing company in Saudi Arabia, Positive Facilities Co. Ltd.(“Ejabiah”), has signed an agreement…

5 years ago

COVID-19 cases are declining in Sydney as restrictions in virus hotspots are relaxed!

The Australian state of New South Wales (NSW) confirmed the minimum daily increase in COVID 19 case scenarios in more than three weeks on Monday, following the relaxation of certain lockdown restrictions in Sydney, the state capital, allowing for higher vaccination levels. The Premier of New South Wales, Gladys Berejiklian, announced that 935 new cases had been discovered in the…

5 years ago

Gold rises as Havens rally in response to growing Evergrande fears!

Fears of a spillover from the debt woes of Asian property developer China Evergrande Group fueled demand for safe havens…

5 years ago

Sweden’s Vattenfall raises emission targets, eyes 2040 net zero goal

Swedish energy company Vattenfall (VATN.UL) said on Monday it increased its emission reduction goals for 2030 and brought forward its…

5 years ago