Tag: Central bank

Bank of Japan’s new trend gauge shows inflation exceeding target

Sometimes a Chapter 11 bankruptcy solves a brand’s underlying problems. If a company runs profitably, but has legacy debt, leases that outpace the current market, or other past problems weighing on its current results, a chance to reorganize its finances might be enough to build a new…

Passive income is one of the most talked-about goals in personal finance. And for good reason. Getting paid to hold a stock, without lifting a finger, is a concept that resonates with both new and seasoned investors. Coca-Cola is one of the most popular stocks for that exact purpose…

Swedish rates to hold steady amid Middle East war uncertainty, Riksbank minutes show

For years, UBS has been the world’s largest wealth manager with a curious blind spot in its biggest market. The Swiss bank oversees nearly $4.7 trillion in global client assets, yet its U.S. banking arm couldn’t offer something as basic as a checking account. Your neighborhood credit union had more …

China banks eye profit boost as nearly $8 trillion in deposits to be repriced

Something massive just happened in the banking world, and you probably missed it while going about your regular weekend plans. Three federal agencies voted last Thursday, March 19, to overhaul the rules governing how much cash America’s largest banks must keep in reserve. The changes could unlock …

China pledges more balanced trade and further opening of the economy after record surplus

You check your bank account every payday and feel like you are doing everything right with your personal finances. Your bills get paid on time, your credit score looks decent, and your retirement account keeps getting regular contributions each month. But behind those surface-level wins, a largely …

Second-order effects of Strait of Hormuz disruptions on the global economy