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Financial News Around the World

Draghi urges radical European Union reform requiring extra 800 billion euros a year

The report lays out major challenges that the EU must address through a new industrial strategy, which would include reducing enegy prices.

Published 9 September 2024
Categorised as Finance News

Huawei’s tri-fold phone gets 2.7 million pre-orders ahead of Apple’s iPhone 16 launch

Huawei has received more than 2.7 million pre-orders for its new, tri-fold smartphone, according to its website Monday.

Published 9 September 2024
Categorised as Finance News

China’s CPI climbs 0.6% in August, missing expectations as transport, home goods prices fall

China on Monday reported its consumer price index rose by 0.6% year on year in August, missing expectations.

Published 9 September 2024
Categorised as Finance News

Why the father of ‘life planning’ says you’re managing money the wrong way

George Kinder, recognized as the founder of financial life planning, thinks consumers are shortchanging themselves by putting off goals until retirement age.

Published 8 September 2024
Categorised as Finance News

Many ‘doubted the vision’: Saudi investment minister touts ‘green shoring’ on path to diversification

Saudi Minister of Investment Khalid al-Falih pushed back on skepticism of Riyadh’s economic diversification.

Published 8 September 2024
Categorised as Finance News

JPMorgan downgrades its opinion on China, but still likes these individual stocks

As the summer holidays end, investors in China are coming to accept that consumption and growth will remain sluggish for a while.

Published 8 September 2024
Categorised as Finance News

ETFs are on pace to break record annual inflows, but this wild card could change it all

ETF inflows could rise as investors begin to search for other opportunities outside of money market funds.

Published 7 September 2024
Categorised as Finance News

3 ways Wall Street’s largest banks are leveraging AI to increase profitability

Top finance leaders are becoming convinced that the tech will transform their businesses.

Published 7 September 2024
Categorised as Finance News

Europe’s economy survived ‘terrible prophecies’ but must now tackle trade with China: EU’s Gentiloni

After surviving the “terrible prophecies,” Europe’s economy must face the challenges of the war in Ukraine and trade ties with China, EU’s Paolo Gentiloni says.

Published 7 September 2024
Categorised as Finance News

U.S. job market slows, but it’s not yet a ‘three-alarm fire,’ economist says

The labor market has shown unambiguous signs of cooling, economists said. Recession could follow if the trajectory continues.

Published 6 September 2024
Categorised as Finance News

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