Economy

Will Biden’s US$1 tr new infra law impact crypto market?

President Joe Biden signed a US$1.2 trillion bipartisan infrastructure bill into law on Monday after more than a year of discussions with lawmakers....

Glasgow summit: COP26 climate pact in a nutshell

After being overrun by a day, Saturday bought an end to the COP 26 UN Climate Change Conference hosted by the UK in Glasgow. Government represent...

Will 2022 be a normal year for world economy?

The present world economy is looming as several market changes are taking place around the globe. Be it the energy crisis, or the fall of China’...

How banks can prepare for crypto transformation

Highlights Banks can’t stay away from cryptocurrencies any longer due to the growing customer demand. Financial organizations must update th...

US inflation hits 30-year high; CPI climbs 6.2%

Highlights US inflation hit a 30-year high in October, the latest Labor Department data showed. The US Consumer Price Index (CPI) rose at an annua...

How global banks can help in controlling greenhouse gas emissions

Amid the ongoing COP26 UN Climate Change Conference being hosted by the UK , hundreds of the biggest banks and pension funds across the...

95% mortgage: All you need to know

Highlights  A 95% mortgage refers to Loan-to-value (LTV) of owning a house, 95% of the house price will be covered by a mortgage, while 5% of...

What does Australia's Retirement Income Covenant have in store for r...

Big changes lie ahead for the Australian Superannuation fund holders as Australia’s Retirement Income Covenant is set to be effective from July...

Why COP26 Summit is so crucial now

The COP26 stands for “conference of the parties” under the United Nations Framework Convention on Climate Change, and the summit aims to r...

US consumer prices climb at fastest pace in 30 years

Highlights But, despite rising costs and the expiration of unemployment benefits in September, consumer spending also increased in the month, the d...

Can you give away stocks as donations?

Donating stocks instead of cash is always a better option considering the interest of both parties. A wide range of charities, schools, hospitals, and...

Autumn Budget: Top 10 expectations from Sunak

Highlights  The Autumn Budget is due to be delivered by Chancellor Rishi Sunak at the parliament on Wednesday. The Budget is set to come ahea...

China plans new property tax; here’s how it may hit Australia

Highlights China has announced plans to roll out a pilot real estate tax amid the ongoing rise in real estate speculation across the country. The...

UK launches world’s first green savings bond: What the savers can ge...

Highlights The UK launched the world’s first retail green savings bond, issued by the National Savings and Investments The move follows afte...

Why falling inflation is not good news

Highlights UK headline inflation dropped from 3.2% in August to 3.1% in September as per latest ONS figures. In the recent months, inflation has b...

Covid cases surge again: Will there be another lockdown?

Highlights On Monday, new Covid cases reported in the UK were 49,156, highest reported since 17 July this year. The UK government is relying on th...

Inside Apple Unleashed: Which new products were showcased?

After focusing on iPhones and Apple Watches a month ago, Apple has now unveiled a whole bunch of new devices, including iPhones, iPads, and the latest...

Top US retailers get ready to capitalize on holiday sales, boost sto...

Highlights Amazon.com, Inc. (NASDAQ: AMZN) had recently announced plans to hire 150,000 seasonal jobs across the US. Target Corporation (NYSE:...

How US employee emergency savings accounts bolstering financial secu...

Highlights More US companies have launched employee emergency savings accounts to attract and retain staff members. Taking a cue from the covid c...

Why UK job vacancies reached record highs despite cooling unemployme...

The Office for the National Statistics (ONS) reported UK job vacancies touched a record high of nearly 1.2 million in September. The rise came as sev...