Europe’s Gas-Guzzling Days Are Fading
In a reality check for natural-gas producers, volatile prices are prompting European homes and factories to go green faster than expected.Read More
Heard on the Street’s Stock-Picking Contest
Read about our columnists’ most- and least-favorite stocks as they make their choices.Read More
Turkey’s Colendi Receives Approval to Launch First Digital Deposit Bank
Anglo-Turkish fintech firm Colendi has received the green light from Turkey’s Banking Regulation and Supervision Agency (BRSA) to introduce the country’s first digital deposit bank. This approval positions ColendiBank for launch, thus marking a significant step towards elevating Istanbul’s status as a global hub for digital banking. ColendiBank will leverage its proprietary technology in conjunction […]
Rates in China Cut Again, but by Less Than Expected
Economists, saying Beijing needs to do more to reverse a steep slowdown, have slashed their 2023 growth forecasts.Read More
Debt-Addicted Landlord Struggles to Keep a Roof Over its Head
Swedish property owner SBB is running out of options to refinance its enormous borrowings.Read More
AI Funds Are Missing Out on the AI Stock Boom
Tech stocks are powering the bull market, but AI-powered exchange-traded funds are lagging behind.Read More
Understanding Balance Sheets Against a Backdrop of Economic Turmoil
The second half of 2023 looks set to be challenging, with economists anticipating that interest rates will climb to six per cent by the end of the year. Amid this difficult environment, the importance of focused and purposeful asset and liability management is clear. Ashley Crawford, risk specialist at analytics, AI and data management software […]
Hong Kong E-Wallets Navigate Growth Challenges on Path to Profitability
Amid the rising popularity of e-wallets in Hong Kong’s payment landscape, challenges are emerging for these digital payment platforms to attain profitability, a new report has revealed. Analysis by Quinlan & Associates, a strategy consulting firm focused on financial services, delves into the hurdles that Hong Kong’s e-wallet providers are encountering while expanding their merchant […]
Chinese Confidence Hits Low Point Because of Nation’s Economic Troubles
Consumers and business owners say they feel paralyzed by despair, and their reluctance to spend and borrow is feeding what could become a dangerous cycle.Read More
Saudi Border Guards Kill Hundreds of African Migrants on Border, Report Says
A Human Rights Watch report says the guards regularly fire on African migrants trying to enter the kingdom from Yemen and killed hundreds in a 15-month period.Read More
