Tag: Business
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UK banks ‘interest transfer’ warning
The British supervisory agency, the Financial Conduct Authority (FCA), has warned that action will be taken against banks that reflect low or delayed monetary...
US banks tightened loan conditions in the second quarter
The US Federal Reserve (Fed) stated that banks in the country tightened loan terms for companies in the second quarter.
The US Federal Reserve (Fed)...
Walmart buys $1.4 billion Flipkart stock
US retail giant Walmart lost $1.4 billion in competition with Amazon. Walmart is paying $1.4 billion for a 4% stake in Indian e-commerce company...
Asian stock markets follow economic data from the region
Asian markets mixed as China's factory activity fell in July, according to a Caixin private survey compiled by S&P Global.
Asia-Pacific markets were mixed on...
China’s Caixin manufacturing PMI narrows in July
The Caixin/S&P Global manufacturing sector purchasing managers survey came in at 49.2 in July.
It showed that China's manufacturing activities entered contraction territory for the...