HSBC sets up US$1 billion fund for Asean’s digital economy – Industry roundup: 28 March
by Graham Buck
Sweden could cut rates in May; Sri Lanka rate cut surprises markets; Life less sweet as cocoa prices soar; Thames Water faces funding crisis
Cash & Liquidity Mngm in North America
Background
The NAFTA (North American Free Trade Agreement) area, is made up of - USA, Canada and Mexico, is the world's biggest trading blockt. Also NAFTA is the world's largest free trade area in terms…
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Swift plans new CBDC platform by 2026 – Industry roundup: 26 March
by Graham Buck
China woos foreign investors; Boardroom reshuffle at Boeing; Bombardier raises US$750m via junk bond; More central banks shift rate policy
Hong Kong crackdown conflicts with financial hub goal – Industry roundup: 21 March
by Graham Buck
Reddit valued at US$6.4bn ahead of IPO; Malaysia expects 4-5% growth in 2024; Fed reassures on rate cuts; UK retailers get embedded finance lift
India’s economic boom echoes 2003-07, says Morgan Stanley – Industry roundup: 14 March
by Graham Buck
Japan's unions win major pay hikes; Swift to assist Bangladesh central bank; Israel plans for shekel CBDC; €240m funding for sustainability in Africa
US bank secures US$1 billion rescue deal – Industry roundup: 7 March
by Graham Buck
China's foreign trade rebounds; EU to water down supply chain law; UK's Nationwide to acquire Virgin Money; South Africa records 0.6% growth in 2023
China sets this year’s growth target at 5% – Industry roundup: 5 March
by Graham Buck
ADB gives more to climate change funding; Nikkei finally breaks 40,000 level; US deficit fuels 'debt debasement'; Brazil's dengue fever toll
Nigeria hikes rates to support currency – Industry roundup: 29 February
by Graham Buck
US economy ends 2023 on a high; Deutsche updates sustainable investment guide; Verizon completes sixth green bond; Action plan on plastic pollution
France trims 2024 growth forecast to 1% – Industry roundup: 20 February
by Graham Buck
Barclays returns £10bn to investors; War impacts on Israel's economy; ANZ-Suncorp merger gets green light; Investors shun riskiest US corporate bonds
Mexico usurps China as biggest exporter to the US – Industry roundup: 13 February
by Graham Buck
Global trade resilience expected; Body Shop UK to appoint administrators; Economic decoupling underway, says BofA; Digital rupee reaches next stage
US recession no longer in prospect, says Deutsche Bank – Industry roundup: 8 February
by Graham Buck
China reports deflation last month; India keeps rates on hold; Revived fortunes for two Italian banks; ADB trade aid for Cambodia
Fed not yet ready to cut US interest rates – Industry roundup: 1 February
by Graham Buck
Hapag-Lloyd CEO warns on Red Sea crisis; Japan gives US$20bn for green hydrogen; UAE cross-border CBDC payment; YouLend unlocks £4bn for SMEs
India “beats China as supply chain base for US firms” – Industry roundup: 25 January
by Graham Buck
Turkey in "final" rate hike to 45%; German business morale sinks further; Mastercard fund for Europe's SMEs; BNP Paribas launches UK fintech incubator
New US company ownership database under attack – Industry roundup: 18 January
by Graham Buck
UK to boost supply chain resilience; ECB on right track, says chief; Hacker attacks rising says JPMorgan; Commerzbank merger speculation revives
Davos summit opens with jobs warning from AI – Industry roundup: 16 January
by Graham Buck
China keeps rates unchanged; Germany's GDP shrank in 2023; Study assesses bank valuations; CBDCs "could undermine dollar"
US gives the green light for 11 bitcoin ETFs – Industry roundup: 11 January
by Graham Buck
WEF's main worry is misinformation; UAE bucks slump in fintech funding; SAP pays US$222m to settle bribery charges; Revolut platform ready to roll
World is moving into a new super cycle, says Goldman analyst – Industry roundup: 9 January
by Graham Buck
Deloitte staff get AI chatbot; Banco de España chooses CBDC partners; South Africa's power shortages worsen; Citi plans China investment bank unit
US debt load ended year at US$34 trillion – Industry roundup: 4 January
by Graham Buck
HSBC challenges Revolut and Wise; China's top banks review smaller peers; Goldman raises $650m for life sciences; Mexico kicks off 2024 bond sales
More than 1,500 US bank branches closed in 2023 – Industry roundup: 2 January
by Graham Buck
Crunch year for US office owners; China's factory output still weak; Saudi Arabia tops SWF spending league; Cambridge Uni and Google partner on AI
More corporate defaults lie ahead in 2024, warns Fitch – Industry roundup: 29 December
by Graham Buck
Investment banks "face talent crunch"; UK economy to avoid 2024 recession; Turkey's minimum wage rises 49%; Nigeria's competition watchdog fines BAT
South Korea’s semiconductor sector booms – Industry roundup: 28 December
by Graham Buck
S&P expects tough 2024 for US banks; New deputy for China's central bank; AML regulation update for Egypt's banks; Hong Kong rules for stablecoin
India to become world’s third US$10 trillion economy by 2035, report predicts – Industry roundup: 27 December
by Graham Buck
Maersk resumes Red Sea shipments; Clothing sustainability drive in Ireland; France fossil fuels ruling to hit ESG funds; Lidl UK CFO departs
ING to exit upstream oil and gas sector by 2040 – Industry roundup: 21 December
by Graham Buck
Citi moves out of distressed debt; Argentina auctions peso debt; Sweden's interest rate may have peaked; Cardano Foundation partners with Petrobras
Japan ending 2023 with rates still negative – Industry roundup: 20 December
by Graham Buck
UK inflation falls to 3.9%; Norway advances CBDC pilot; BNP Paribas signs new securitisation; Philippines incentives for sustainable finance
USDC ranked as strongest stablecoin by S&P Global – Industry roundup: 14 December
by Graham Buck
DWS forms euro stablecoin j-v; US households are cash resilient; UK payments regulator wants card fees cap; Japan urged to speed up digital yen