BEIJING, June 17, 2021 /PRNewswire/ — China International Capital Corporation Limited (CICC, 3908. HK, 601995. SH) is pleased to announce that it held the “Investment Strategy Conference 2H21” yesterday and issued the 2H21 macroeconomic and strategy outlook reports. Dr. Peng Wensheng, CICC’s Chief Economist, Head of Research Department and Executive Dean of CICC Global Institute,…
The Thursday Market MinuteGlobal stocks retreat from record highs as a surprisingly hawkish Fed meeting tees-up the prospect of near-term tapering and earlier-than-expected rate hikes.Fed Chair Jerome Powell says taper talk will now take place at each future meeting, but vowed to signal changes to the $120 billion pace of monthly purchases, as the economy…
© Reuters. FILE PHOTO: The Central Business District (CBD) skyline is pictured at sunset in Sydney, Australia, June 4, 2021. REUTERS/Loren Elliott By Paulina Duran SYDNEY (Reuters) – Australia’s banking watchdog has asked the country’s big banks to give assurances they are lending responsibly and managing risks in their home loan books amid sky-rocketing house…
© Reuters. FILE PHOTO: A sailing boat can be seen in front of the central business district (CBD) of Wellington in New Zealand, July 2, 2017. REUTERS/David Gray By Praveen Menon WELLINGTON (Reuters) – New Zealand’s economic growth swept past forecasts in the first quarter on the back of a housing boom and strong retail…
There have been plenty of pop-ups over the years, but tomorrow Google’s first store opens in NYC’s Chelsea neighborhood. The brick and mortar model finds the company joining peers like Apple, Microsoft, Samsung and even Amazon, all of whom have a retail presence in Manhattan, including several just around the corner from Google’s new digs.…
As the insurance industry adjusts to life in the 21st century (heh), an AI startup that has built computer vision tools to enable remote damage appraisals is announcing a significant round of growth funding. Tractable, which works with automotive insurance companies to let users take and submit photos of damaged cars that are then “read”…
As so-called neobanks continue to gain more traction in the market with their more modern takes on banking and other financial services, a startup that’s building technology to help incumbent players better compete is announcing a big round of funding. 10x Future Technologies, a London-based fintech that helps larger, established banks build both next-generation services…
“These 286 teams were selected through a rigorous process of research and analysis,” Scott says. Evan Agostini/Invision/AP MacKenzie Scott, the philanthropist and ex-spouse of Amazon CEO and founder Jeff Bezos, announced a new round of donations Tuesday, totaling some $2.7 billion to 286 organizations around the U.S. She detailed her thought process and the list…
Share to FacebookShare to TwitterShare to Linkedin Xbox Microsoft This weekend will mark the arrival of Microsoft’s E3 Xbox showcase, but we’re already getting a lot of info about their master plan for long-term market domination. And it’s something that I simply don’t think any of its competitors have the ability to match. Microsoft is…
© Reuters. FILE PHOTO: The headquarters of the European Central Bank (ECB) in Frankfurt, Germany, March 12, 2016. REUTERS/Kai Pfaffenbach By Marc Jones LONDON (Reuters) – A digital euro could suck away 8% of euro zone banks’ customer deposits, analysts at Morgan Stanley (NYSE:MS) have estimated, although the share may be far higher in some…
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