by EFSD | May 23, 2019 | Economic News
Wei Jianguo, a former vice minister at China’s Ministry of Commerce, tells CNBC he hopes the U.S. won’t miss the opportunity to benefit from the Chinese market.Two speakers at a small press event organized by the government’s main information office echo some of Wei’s...
by EFSD | May 22, 2019 | Economic News
St. Louis Federal Reserve President James Bullard said that China should accept U.S. demands in the trade talks in order to attract more foreign capital as the country stands to reap enormous benefits.He cautioned that there is a risk of tariffs lingering, which could...
by EFSD | May 21, 2019 | Economic News
Chinese President Xi Jinping ramped up his rhetoric by saying China is embarking on a “new Long March, and we must start all over again!”Although he didn’t mention the U.S. or the ongoing trade war, the remarks are interpreted as a clear sign that China is not going...
by EFSD | May 20, 2019 | Economic News
Global dividend payouts rose 7.8% to a first-quarter record of $263.3 billion.Janus Henderson expects $1.43 trillion in dividend payments this year. Global dividends reached a first-quarter record of $263.3 billion, rising 7.8% despite concerns about the world...
by EFSD | May 19, 2019 | Economic News
ROME (Reuters) – The Bank of Italy plans to adopt investment criteria which reward companies that take action on climate change, joining other central banks, commercial banks and fund managers in ratcheting up pressure on boardrooms to go green. The criteria...
by EFSD | May 18, 2019 | Economic News
Americans now pay their banks an average 17% interest on credit cards — the highest level recorded by the Fed.The rising monthly cost for U.S. consumers may be one reason they’re spending less, as April’s weak retail sales laid out. The combination doesn’t bode well...
