Financing
US New Fed Regulator Evaluates The Capital Requirements
According to its new regulatory director, the U.S. Federal Reserve is undertaking a holistic examination of bank capital requirements, intends to analyse lenders' financial risks related to climate change next year, and may impose stricter regulations on major regional...
Financing
Asia Clean Blue Skies Program By ADB To Enhance Air Quality
The Asia Clean Blue Skies Program (ACBSP), which the Asian Development Bank (ADB) inaugurated on September 8th, will increase ADB's investments in enhancing air quality in Asia and the Pacific.
Launched at the Fourth Asia Pacific Clean Air Partnership joint...
Financing
Japan Finance Minister Warns Action As Yen Hits 24-Year Low
The yen has fallen to a new 24-year low versus the dollar, and Japanese Finance Minister Shunichi Suzuki indicated on September 2 that Tokyo will take necessary action as necessary to address volatility movements. This raises the possibility of...
Financing
Eurozone Inflation Hits 9%, Leaving Policymakers In Strain
The increase in inflation in the eurozone in August underscored the economic blow caused by Russia's war in Ukraine and put greater pressure on the European Central Bank to act by sharply hiking interest rates the following week.
Consumer prices...
Financing
2-Decade High USD May Affect Rate Hikes, Unemployment Claims
The US dollar was going to have its third straight week of gains and was close to its highest level in 20 years compared to other major currencies. This was because investors were waiting for US jobs data, which...
Financing
How High Is UK Inflation And Why Are Living Costs Rising?
According to the Bank of England, recent increases in energy prices, which are anticipated to be three times greater than they were a year ago, will push inflation even higher, to 13%. People's finances are being squeezed as a...
Financing
Citi Predicts UK Inflation May Reach 18% As Fuel Costs Soar
The investment bank Citi has issued a warning that rising energy costs will cause UK inflation to reach over 18% in the first quarter of 2019.
According to Citi, CPI inflation will reach 18.6% in January 2023 as a result...
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