Sunday, June 16, 2024

Yen Under Pressure After Hawkish Fed Stance; Traders Await Friday’s BoJ Policy

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The Japanese yen experienced a dip against a basket of major currencies in early trading today, as market participants widely expect the Bank of...
China2020

China Unleashes Funds, But More Firepower Needed to Tame Housing Woes

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China last week unveiled a 300 billion yuan ($41 billion) fund to support purchases of unsold housing inventory. While marking a new approach to...

Global Economy – Consumer Confidence Lags Despite Economic Rebound in Rich Nations

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Even as many advanced economies have returned to growth after the pandemic, consumer confidence levels remain subdued and below pre-COVID levels. According to OECD...

UK Inflation Stubbornly High, Dashing Hopes for Imminent Rate Cut

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Britain's inflation rate unexpectedly remained elevated in April, dashing market expectations that the Bank of England would be ready to cut interest rates as...

Raspberry Pi, the British company renowned for micro computer, is set to go public...

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Raspberry Pi, the British company renowned for its affordable, compact computers, is set to go public in London, providing a much-needed boost to the...

Eurozone inflation to fall faster than expected, EU says

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Eurozone inflation is projected to decline faster than previously anticipated this year due to a less severe impact from Red Sea trade disruptions, according...

Why transitioning to a green economy can kick-start a revival in UK manufacturing

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Rishi Sunak claims his economic "plan" is delivering results, and with lower inflation, he might have a point. However, a more profound and concerning...
digital

Cybersecurity Luminary Stephen Khan to Receive Prestigious Hall of Fame Award at Infosecurity Europe

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Infosecurity Europe, ExCeL London, 8 May 2024: Infosecurity Europe, Europe’s leading information security event running at ExCeL London from 4-6 June 2024, has today announced industry...
journalism, AI

The pros and cons of using AI in investing

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Artificial intelligence (AI) is shaking up the way we invest our money. Gone are the days when complex tools were reserved for the wealthy...

Incredible fraud case in Vietnam exposes the susceptibility of banks

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The financial crisis of 2008 showed just how much the world depends on banks being well run. Since then, regulators have been given new...

Electric cars stock up at European ports as Chinese firms struggle to find purchasers

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China’s automotive industry has revolutionised over the past decade, from producing basic western clones to making cars that equal the world’s best. As the...

UK mortgage demand bounces back to growth

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UK mortgage lenders saw a resurgence in demand during the first quarter of 2024, according to the latest official data from the Bank of...

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