The Rare Indicator That’s Still Optimistic About China’s Property Market
Iron ore’s price has risen more than 20% since late May, outperforming metals such as copper and gold.Read More
U.S. Prepares Crackdown on Russian Oil Sanctions Evasion
Treasury Secretary Janet Yellen says the U.S. is likely to start enforcing the $60-a-barrel price cap on Russian oil.Read More
U.S. Probe of Russia-Sanctions Busting Focuses on Major Oil Trader
The investigation is examining whether Murtaza Lakhani, founder and chief executive of Mercantile & Maritime Group, traded Russian oil in breach of Western sanctions.Read More
Evergrande Investors Warn of ‘Uncontrollable Collapse’
Evergrande’s 11th-hour cancellation of a $19 billion debt restructuring could lead to a messy collapse and have “a catastrophic effect” on other troubled companies in the sector, its bond investors said. Read More
CRIF Launches Pet Check Tool to Stop Insurers ‘Making a Dog’s Dinner’ of Risk Assessments
Pet insurers saw claims volumes and payouts hit record highs last year, leading to growing losses for the sector. In an effort to tackle this problem, CRIF, the risk management solution provider for the financial services industry, has launched ‘Pet Check’. UK pet insurers received 1.3 million claims in 2022, a 28 per cent increase […]
Lloyds Bank Delivers Paperless Guarantee Initiative to Support UK Businesses Clients
Lloyds Bank has launched a new initiative enabling clients to request digital Direct Guarantees or Standby Letters of Credit, helping them to trade more efficiently, safely, and securely. Lloyds Bank’s new Paperless Guarantee initiative supports businesses that have a high volume of transactions requiring bank guarantees to be issued. It also enables instant delivery to […]
The Global Context of the Hamas-Israel War
The Hamas attack is a sign of a new world order.Read More
War in Israel
Palestinian militants launched the biggest attack against Israel in 50 years, prompting intense retaliation.Read More
Higher Rates Have Bank Stocks on the Mat
The KBW Nasdaq Bank Index is trailing the broader market by 37 percentage points this year.Read More
What Could Finally Turn Around Citigroup?
Trimming layers of managers will help, but the global bank faces headwinds ranging from interest rates to new capital rules.Read More
