Financial Statements/Surveys/Reports
China announces a target of 5% Growth in GDP for 2023; Shows Cautious Approach.
China’s leaders take a cautious approach to the estimate for the country’s economic recovery, after removing most of the Covid restrictions on business activity that were imposed in 2022.
China announced a target of around 5% Gross Domestic Product (GDP) growth...
News
White House Aims to Shift Cybersecurity Burden to Tech Providers
The White House announced its much-awaited National Cyber Strategy. It provides a road map for how the White House administration aims to defend the USA from an increasing number of online threats.
A key element of the new strategy consists...
Money/Wealth Management
Goldman CEO Says, Asset and Wealth Management will be New Growth Driver for Bank
Goldman Sachs CEO David Solomon stated that asset management and wealth management will be the growth driver of the bank.
Solomon said, “The actual story of opportunity for growth for us in the coming years is around asset management and wealth...
Inflation and Employment
Amazon Employees Urge CEO to Reconsider Return-to-Office Mandate
Amazon employees are pushing CEO Andy Jassy to drop a return-to-office mandate.
Jassy recently announced Amazon would require employees to work from the office a minimum of three days a week beginning May 1.
Jassy said, “Amazon’s leadership team, known as the S-team, decided...
Financial Statements/Surveys/Reports
CSRC announces new rules for overseas IPOs
CSRC announces new rules for overseas IPOs
The China Securities Regulatory Commission (CSRC) recently announced new rules that require domestic firms to comply with national security regulations and the personal data protection law measures before going public overseas.
China-based firms now...
Financial Statements/Surveys/Reports
Crypto market gains $84 billion
Crypto market gains $84 billion despite tougher regulatory stance from US Authorities
Crypto markets gained $84 billion in value yesterday despite tougher regulatory stand from the USA government.
Bitcoin rose to $24,500.00 while ether was up at $1,679.31, as per the Coin Metrics.
Vijay Ayyar,...
News
The Shares Of Alphabet Decline 7% After Google’s AI Event
The shares of Google’s parent company Alphabet declined more than 7% following an event of company to promote its new AI-powered chatbot called Bard.
Google publicly announced AI-powered Bard recently and expressed that it will begin to roll out the AI-powered Bard technology...
News
IMF Revises Global Growth Forecast
The International Monetary Fund (IMF) revised its global growth forecast for the 2023 and 2024. According to its latest update economy will grow at 2.9% in 2023 and at 3.1% in 2024. The global economy grew at 3.4% in...
News
Argentina and Brazil are thinking about a common currency
The two largest economies in South America are Argentina and Brazil are discussing about creation of a common currency, as a coordinated effort to reduce dependency on the U.S. dollar.
The analysts are dismissing the proposal due to discrepancies between...
Inflation and Employment
AES CEO Says, Its time to start blending of Natural gas with green hydrogen
Major economies in the world are coming up with plans to shift from fossil fuels to green hydrogen using low or zero-carbon technologies.
Technological innovation, huge money, and tremendous political will are essential to make this shift and it is...
Latest News
China announces a target of 5% Growth in GDP for 2023; Shows Cautious Approach.
China’s leaders take a cautious approach to the estimate for the country’s economic recovery, after removing most of the...