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Financial Services Roundup: Market Talk
The Wall Street Journal· 5 hours agoThe round of profit-taking comes ahead of the next consumer price report, due out on Wednesday. It will be the latest indicator of the status of the U.S....
Indonesia’s Tax Spinoff May Disrupt Revenue Efforts, Fitch Warns
Bloomberg via Yahoo News· 18 hours ago(Bloomberg) -- Prabowo Subianto’s plan to create a new state revenue agency outside of the finance...
Why a debt-fueled US economy is facing a hard landing in 2025, chief economist says
Business Insider via Yahoo Finance· 1 day ago"That tells you once people do begin to lose their jobs, once the economy does begin to slow down,...
China Megabanks Kick Off $8.3 Billion Loss-Absorbing Bond Sales
Bloomberg via Yahoo Finance· 23 hours ago...China’s biggest state banks will sell a combined 60 billion yuan ($8.3 billion) of total...
China’s banks to sell US$60 billion of loss-absorbing bonds to meet PBOC’s norms
South China Morning Post· 2 days agoThe People’s Bank of China has required China’s G-SIBs to have a minimum total loss-absorbing...
Here’s why US debt is out of control — and Japanese debt isn’t
The Cointelegraph· 2 hours agoIn 2023, it was lower than the average for G7 nations — at 123% — and roughly half of the most indebted country in the world, Japan, where debt stood at a whopping 255% of GDP in 2023. After ...
Scholars propose ‘painful’ industrial revamp to solve China’s overcapacity bind
South China Morning Post· 7 days agoChinese authorities have expressed their own concerns about industrial overcapacity and sought to...
IMF Maintains Nigeria Growth Forecast at 3.3% for 2024
US News & World Report· 6 days agoABUJA (Reuters) -The International Monetary Fund on Thursday maintained its growth forecast of 3.3% for Nigeria's economy for 2024, up from 2.9% last year, citing a pick up ...
Mohamed El-Erian Highlights Voter Concerns Over Inflation, Income, And Housing Costs In Latest Poll,...
Benzinga· 2 days agoThis comes amid a recent poll showing that inflation fears are affecting Biden’s economic policy...
US Ready To Impose New Tariffs On China's EV, Solar Sectors: 'Could Cause More Severe Damage' Than...
Benzinga via Yahoo Finance· 4 days agoThe Biden administration is preparing to announce significant changes to the U.S. tariff policy on...