Global Banking Monitor

Monday, June 17, 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: trade

Loophole in Trade Policy Facilitates Influx of Affordable Chinese Products to US

The meteoric rise of shopping platforms selling Chinese-made goods, including Shein and Temu, has been fueled by a decades-old loophole that allows cheap products...

Australia’s Trade Surplus Surpasses Estimates as Imports Decline

Australia’s monthly trade surplus widened in June as iron-ore shipments gained while overall exports slid less than imports. The windfall was A$11.3 billion ($7.4 billion),...

Promoting African Trade: Bank Urges Africans to Transact with Local Currencies

A pan-African payment system that would allow African nations to trade among themselves, using their own currencies, is gaining momentum. The African Export-Import Bank expects...

Yellen Warns Against US-China Trade Decoupling, Calling It a Significant Mistake

Treasury Secretary Janet Yellen said it is in the United States’ best interest to maintain ties with China, though she said documented allegations of...

China’s Slowing Economic Recovery Evident as Trade Declines in May

China’s exports fell 7.5% from a year earlier in May and imports were down 4.5%, adding to signs an economic rebound following the end...

Global Debt Reaches Alarming Levels as Rate Hikes Spark a ‘Crisis of Adaptation,’ Warns Top Trade Body

The global debt pile grew by $8.3 trillion in the first quarter to a near-record high of $305 trillion as the global economy faced...

Brazil posts record trade surplus of $62.3 bln in 2022

BRASILIA, Jan 2 (Reuters) - Brazil posted a $62.3 billion trade surplus in 2022, official data showed on Monday, a record in the series...

European Shares Gain In Thin Trade As Manufacturing Downturn …

(RTTNews) - European stocks traded higher on Monday after recording their worst annual performance since 2018 last year. Trading volumes remained thin due to New...

European Shares May Struggle For Direction In Thin Holiday Trade

(RTTNews) - European stocks look set to open on a flat note Monday, with most markets closed for New Year holidays. Asian markets traded mixed...

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