Fall in China’s exports and imports
Exports are not expected to contribute to the nation’s growth in the next few quarters...
Tag : financial magazine
Bank of England keeps interest rate unchanged
Makes no change to its bond buying programme...
Tsipras confident of winning dispute with European creditors
Says there is room for breakthrough without blackmail...
Investors may soon find Iraq interesting
According to World Bank, economy is expected to grow by 7.2% despite the hurdles...
End of era of very low inflation and interest rates
Many investors believe there are more hikes to come due to the strength of the US economy and the likely policies of a Trump presidency...
US Fed hikes interest rate
The hike is only the second since 2008 IFM Correspondent December 15, 2016: Citing an improving economy, the US Federal Reserve raised its key interest rate on December 14 for the first time in 2016 by a quarter percentage point. In a statement after a two-day meeting, the Fed said policymakers unanimously agreed to lift...
KPMG International aggregated revenue for FY16 is $25.42 billion
Growth driven by investments in innovation, alliances and people December 14, 2016: KPMG International announced aggregated network revenues of $25.42 billion for the fiscal year ending September 30, 2016 (FY16), representing an 8.0% increase in local currency terms. “KPMG’s strong FY16 results, in what remains a slow-growth global environment, are a testament to the passion and innovative thinking we...
Banks need not fear startups
How data science can save traditional banking and insurance from GAFA Florian Douetteau December 12, 2016: In 2016, there are very few industries that big tech players (Google, Apple, Facebook and Amazon – or GAFA) don’t have their hands in. The finance industry is no exception; after having recovered from the global economic crisis of...
Implementing digital for banks and insurance
How financial institutions can develop digital strategies as bricks and mortar become obsolete Alejandro Gonzalez & Pedro Fernández December 9, 2016: The way customers interact with banks and insurance companies has changed: according to Eurostat and The Financial Brand, as much as 40% of banking customers in the EU are active online banking users. That...
Businesses fear post-Brexit era, plan for a new future
64% of businesses say Brexit vote has negatively impacted their growth potential...