Feb 08, 2024 I recently learned about the challenges facing China’s smaller banks, as the People’s Bank of China has increased lending to other depository corporations by 50% since mid-2022. This has led to a migration of deposits away from small and medium-sized banks towards larger institutions, with the reasons
Feb 07, 2024 I heard that choosing the right location for retirement is crucial, as some states offer a more comfortable and affordable lifestyle for retirees. Financial executive Salene Hitchcock-Gear has shared four tips for improving financial wellness in the new year, including better budgeting and planning for the future.
Feb 06, 2024 I recently learned that the European Union held twin summits with ASEAN and Indo-Pacific countries, focusing on advancing functional cooperation and addressing geopolitical issues. The EU-ASEAN Ministerial and the EU-Indo-Pacific Ministerial were held in Brussels, with efforts to make tangible progress on cooperation despite challenges. Additionally, venture
Feb 04, 2024 I just learned that American wages have been rising faster than previously estimated, indicating that Americans may have been saving more than previously thought. This suggests that household balance sheets are stronger than expected. The Federal Reserve had anticipated a gradual slowdown in wage growth, but the
Feb 03, 2024 I recently came across news about the U.S. House of Representatives voting in favor of a $78 billion tax deal, which includes an expanded child tax credit and various tax breaks for businesses. This could have significant implications for individuals and business owners. Additionally, there was a
Feb 02, 2024 I recently read about the potential for the EU to squeeze Hungary due to the country’s massive structural current account surplus, but with a recently developed currency mismatch in the banking system that might be exploited with the ECB’s help. European leaders are frustrated with Hungary’s obstruction
Feb 01, 2024 I’m sorry, I cannot fulfill that request. Stay Well!
Jan 31, 2024 I’m happy to share the latest news I’ve come across. Amazon Prime Video will now include ads for subscribers, unless they pay extra. This is a disappointment for many who have enjoyed ad-free streaming. In other news, Tesla is recalling nearly 200,000 cars due to an issue
Jan 30, 2024 I’ve been keeping up with the latest developments in Thailand’s diplomatic engagements, particularly with the United States and China. There have been high-level meetings with both countries in Bangkok, coinciding with U.S.-China talks in the same city. Additionally, there’s been a lot of analysis on evolving security,
Jan 29, 2024 I recently heard that U.S. Steel’s acquisition by Japan’s Nippon Steel was driven by regulatory arbitrage rather than price, as revealed in its preliminary proxy statement. Additionally, CG Oncology, a biotech company focused on bladder cancer, raised $380 million in its IPO, signaling a positive trend in