BRICS expansion hopefuls seek to rebalance world order
An expansion of the BRICS bloc under consideration at a summit this week has attracted a motley crew of potential candidates – from Iran to Argentina –
Global Business and Finance Magazine Awards 2023 – DKK Partners
How it started Founded in 2020 by Dominic Duru and Khalid Talukder, DKK Partners is an emerging markets FX liquidity provider with annual revenues of
Moderate Democratic coalition creates AI working group
Moderate Democrats in the U.S. House of Representatives have formed a working group on artificial intelligence aimed at tackling the issue of what restrictions, if
VinFast’s shares surge in Nasdaq debut for Vietnam EV maker
VinFast’s shares soared in thin trading in their Nasdaq debut on Tuesday following the Vietnamese electric vehicle maker’s $23 billion backdoor listing as the startup said
Coinbase wins approval to offer crypto futures trading in US
Coinbase Global said on Wednesday it had secured approval to offer cryptocurrency futures to U.S. retail customers, scoring a major regulatory win even as it battles
Intel scraps $5.4 bln Tower deal after China review delay
Intel Corp scrapped its $5.4 billion deal to buy Israeli contract chipmaker Tower Semiconductor Ltd after their merger agreement expired without regulatory approval from China. U.S.-listed shares
S&P 500, Dow rise as Target results lift retailers; focus on Fed minutes
The S&P 500 and Dow rose on Wednesday as Target’s upbeat quarterly profit lifted the retail sector, while investors awaited minutes of the Federal Reserve’s
Dutch economy enters recession as inflation bites
The Dutch economy has entered a recession as it shrank 0.3% on a quarterly basis in the second quarter, a first estimate published by Statistics
Falling food prices, yet much higher than pre-covid
The World Bank’s food price index has been relatively stable during the past seven months as declines in the prices of grains offset increases in
Monetary policy transmission with adjustable and fixed rate mortgages: The role of credit supply
It is commonly believed that adjustable-rate mortgages make contractionary monetary policy stronger, by allowing a faster pass-through of policy rates and therefore decreasing aggregate demand.
