Tag: finance

2/2 © Reuters. FILE PHOTO: A woman shows a screen of her smartphone, where Access bank mobile app is seen among others, in Abuja, Nigeria September 21, 2020. Picture taken September 21, 2020. REUTERS/Afolabi Sotunde/File Photo 2/2 By Huw Jones LONDON (Reuters) – Rapid action is needed to update how cross-border financial services are scrutinised…

© Reuters. FILE PHOTO: German Bundesbank President Jens Weidmann attends the 29th Frankfurt European Banking Congress (EBC) at the Old Opera house in Frankfurt, Germany November 22, 2019. REUTERS/Ralph Orlowski/File Photo By David Lawder WASHINGTON (Reuters) – The International Monetary Fund said on Friday it has appointed Germany’s former Bundesbank president Jens Weidmann to lead…

Amortizing the value of an intangible asset can be spread over years or months. Canva ContentsWhat Is Amortization?How Is Amortization Calculated?Where Is Amortization Found in the Financial Statement?Where Is Amortization Used?Frequently Asked Questions (FAQ)What Is Amortization?Amortization is writing down the value of an asset or the payment of a loan over a period. From a…

By Anthony Esposito and Noe Torres MEXICO CITY (Reuters) – Mexico’s Deputy Finance Minister Gabriel Yorio said on Friday that talk of a “technical recession” in the country doesn’t take into account coronavirus-related economic volatility and global supply chain issues. Mexico’s economy, the second-largest in Latin America, likely shrank 0.2% in December compared with the…

© Reuters. FILE PHOTO: A general view shows the eastern Swiss Alps, Lake Zurich and the city of Zurich, Switzerland, April 8, 2021. REUTERS/Arnd Wiegmann//File Photo By John Revill ZURICH (Reuters) -Swiss banks have criticised planned new measures designed to cool the country’s red hot property market, saying the steps were unnecessary and would do…

© Reuters. FILE PHOTOS: Signs of JP Morgan Chase Bank, Citibank and Wells Fargo & Co. bank are seen in this combination photo from Reuters files. REUTERS/File Photos By David Henry NEW YORK (Reuters) – U.S. banks will enjoy stronger growth this year from their “bread-and-butter” business of taking deposits and lending money as the…

© Reuters. FILE PHOTO: A man takes a picture with his phone of an electronic board showing the recent fluctuations of market indices on Brazil’s B3 Stock Exchange in Sao Paulo, Brazil October 28, 2021. REUTERS/Amanda Perobelli BRASILIA (Reuters) -Brazil’s outstanding public debt is expected to increase this year to a range between 6 trillion…

Think stocks are too expensive? Think again. Jim Cramer told his Mad Money viewers Tuesday that despite many investors proclaiming that stock prices have gotten out of control, he’s taking the other side of the trade. Nothing is more dangerous to a market than too much supply, Cramer reminded viewers. Yet last year was a…

China Rate Cuts Not Enough to Stabilize Economy: Ex-PBOC Adviser (Bloomberg) — Looser monetary policy in China won’t be sufficient to stabilize the economy and a faster increase in government spending is needed, according to a former adviser to the central bank. “Under the current economic situation, the role the PBOC can play is limited,”…

© Reuters. Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 6, 2022. REUTERS/Brendan McDermid By David Randall NEW YORK (Reuters) – Expectations of rising interest rates are bolstering the shares of regional banks, as a tumble in technology stocks pushes investors to search for assets…