Global Banking Monitor

Monday, May 20, 2024

Stripe employees get to sell $1bn of shares

It's good news for the Stripe employees...

Strategies for Upskilling Your Workforce in an AI-Driven Economy

In an era where artificial intelligence (AI)...

Five Strategies for Enhancing Internal Communications in Banks

In the fast-paced world of banking, effective...

Tag: china’s

China’s lackluster economic recovery prompts economists to advocate for increased stimulus

China’s much-vaunted economic rebound after its emergence from strict zero-Covid lockdown measures has yet to fully materialize, prompting some economists to speculate that further...

China’s industrial profits suffer an 18% decline in April due to sluggish demand

Profits at China's industrial firms slumped in the first four months of 2023, official data showed on Saturday, as companies continued to struggle with...

China’s Growth Disappointment Sends Shockwaves Through Global Markets, Sparking Warnings

China’s muted economic rebound and Beijing’s reluctance to deploy large-scale stimulus are reverberating around the globe, crushing commodity prices and weakening equity markets. Investors are...

China’s Economic Downturn Exposed, Reopening Boom Deemed Illusion by Market Expert

Confidence that China's economy can rebound from Covid restrictions is untethered to economic realities, Rockefeller International chair Ruchir Sharma wrote in the Financial Times. "Something...

China’s Currency Surges as Central Bank Takes Action Against Speculation

China’s yuan jumped on Friday after the country’s central bank moved to shore up the currency following a recent selloff, vowing to curb speculation...

China’s Loans Pushing World’s Poorest Countries to the Brink of Collapse, Reports Indicate

A dozen poor countries are facing economic instability and even collapse under the weight of hundreds of billions of dollars in foreign loans, much...

China’s Economic Data Disappoints, Attention Turns to Tech Sector’s Earnings

U.S. equity markets opened lower and turned mixed on the heels of disappointing retail sales data and weak guidance from home improvement retailer, Home...

China’s strong data may be masking a weakening economic recovery

Key economic data this week may suggest China’s recovery is doing a lot better than it is in reality. Official figures on Tuesday are expected...

China’s Central Bank Increases Gold Reserves for the Fifth Consecutive Month

China boosted its gold reserves for a fifth straight month, extending efforts by the world’s central banks to boost their holdings of the precious...

China’s Big Banks Anticipate Tough Year Despite Profit Increases

China’s biggest state-owned banks warned of a tough 2023 as uncertain economic conditions may squeeze earnings after most delivered better-than-estimated profit growth for last...

China’s Large Loans to Certain Countries Result in Billions Spent on Their Bailout

For the past decade, China has lent massive sums to governments across Asia, Africa and Europe, growing its global influence through infrastructure megaprojects and...

China’s industrial profits hampered by soft demand and elevated costs

As the world's second-largest economy is still struggling to fully recover from the long-term effects of COVID-19, most notably soft demand and high costs,...

Understanding China’s Resilient Real Estate Prices: An Analysis

China’s property market is a cornerstone of its economy, and its recent downturn is often blamed for eviscerating local government finances, sowing the seeds...

China’s 5% GDP Target at Risk Due to Credit Suisse Scandal

The trauma from the 2008 “Lehman shock” still looms large in the psyches of Asian policymakers. This can be seen by how quickly Credit...

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