Luxembourg vs USA: A Deep Dive into Expat Life
Luxembourg and the USA both offer unique expat experiences. While Luxembourg boasts quality of life and stability, the USA shines in diversity and opportunity.
Philippines Faces Hot Money Outflows Amid Global Economic Uncertainty
Amidst a backdrop of global economic uncertainty, the Philippines has witnessed a notable outflow of speculative funds, totalling $805 million in the first five months of the year. As hot money investments decrease and concerns over inflation and interest rates persist, international investors reevaluate their positions. Despite these challenges, key sectors such as banking, food and beverage, and property continue to attract investments. With the Bangko Sentral ng Pilipinas (BSP) implementing measures to stabilize the economy and inflation, the country’s economic outlook remains cautiously optimistic.
EXCLUSIVE EU will not appeal court ruling against $991 mln Qualcomm fine – sources
EU antitrust regulators will not appeal a court ruling scrapping its 997-million-euro ($991 million) fine against U.S. chipmaker Qualcomm (QCOM.O) because it would be difficult to convince Europe’s top court of the merits, people familiar with the matter said.
Funds begin parking sanction-hit Russian assets in ‘side pockets’
Some of the world’s biggest money managers are talking to investors and regulators about stripping Russian assets from their funds, helping them unlock billions of dollars of investments which became illiquid due to the war in Ukraine.
U.S. Treasuries’ foreign ownership in June rises to highest since Feb 2020 -data
Foreign holdings of U.S. Treasuries in June climbed to their highest since February 2020, Treasury Department data showed on Monday, in what analysts described as broad-based demand that helped drive yields lower for the month.
U.S. remains far ahead of global pack in finance, says study
The United States remains the world’s dominant financial centre, well ahead of nearest rival Britain, whose lead over Frankfurt and Paris so far easily outweighs the hit from Brexit, a study from New Financial think tank said on Thursday.
