China Takes the Lead for the Development of Central Asia
On May 19, Xi Jinping, the Chinese premier, unveiled a plan for the development of Central Asia, right from building infrastructure to boosting trade,...
UK Financial Reform Made Urgent Because Of US Subsidies
The US clean technology subsidies are taking capital out of Europe, thereby making it a high priority to enhance London as an international centre,...
Private Investment Reporting Rule Deferred Declares US SEC
The top regulator of Wall Street said on March 21 that it has deferred a planned vote on a proposed rule that will aid...
As Fed Opens Liquidity, ECB Sets The Template For Rate Hike
The global central bankers on March 16 rolled out what looks to be an emerging effort when it comes to firewall the rate increases...
Better Financial Status For US Hospitals Beginning 2023
According to Kaufman Hall’s monthly hospital flash report, hospitals across the US did better financially in January 2023 than their situation was a year...
Renewables Bank Finance Grows But Still Behind Fossil Fuels
As per a recent report, banks gave 81 cents for every dollar spent when it came to financing support to low carbon energy supply...
Pune Metro Sanctioned €150mn By European Investment Bank
To support the construction of Pune’s metro rail project, the European Investment Bank has pledged a loan of €150 million.
This 20-year loan has been...
Marqeta to buy fintech infrastructure start-up Power Finance for $223m
Marqeta, a US-based modern card issuing platform, has agreed to acquire credit card programme management platform Power Finance for a total of $223m in...
UBS reports 23% increase in Q4 2022 net profit to $1.65bn
Swiss investment bank UBS has reported a net profit of $1.65bn for the fourth quarter ended 31 December 2022, a 23% increase compared to...
A Slight Interest Rate Hike But More Coming- US Fed Reserve
The US Federal Reserve increased its target interest rate percentage point quarter on February 1 and yet continued to promise an ongoing surge in...