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Economy

“China Market Turmoil Amps Up Pressure for Policymakers to Act”

“Renewed concerns about the property sector, missed payments by one of the nation’s largest private wealth managers, unprecedented losses at China-focused hedge funds and the threat of deflation have all combined to deal a blow to investor sentiment. A gauge… Continue Reading…

Banking

“UBS Is the Biggest Winner From Banking Turmoil With $35 Billion Gain”

UBS the Swiss bank that took over Credit Suisse in March, appears to be the biggest winner so far from the turmoil that has rocked bank stocks this year. UBS joins JPMorgan Chase (JPM), HSBC (HSBC) and First Citizens (FCNCA)… Continue Reading…

Banking, Economy

“Japan Funds Ramp Up Treasury Purchases Amid US Banking Turmoil”

“Japanese investors bought a record amount of Treasuries in the first three months of the year as concern over the US banking sector damped bets on Federal Reserve rate hikes… Net purchases totaled ¥9.12 trillion ($68 billion) in the January-March… Continue Reading…

Banking, Economy

“Major Bank Warns of Economic Turmoil for America”

“EDITOR NOTE: A dire economic warning for America has been issued by Deutsche Bank, one of the few major financial institutions that have stood apart from mainstream opinion concerning inflation. With current inflationary levels already a burden to most Americans,… Continue Reading…