Beijing intended to cool its housing market, but the repercussions from debt-laden developers and falling sales spread to the broader economy, creating a larger problem. A type In a market saturated with risk-takers, a Chinese real estate developer is on the verge of default. Due to a lack of funds, one of China’s largest asset…
The price of natural gas rose above Friday’s peak as a result of the failure of Australia’s negotiators to reach an accord. The port authorities and employees at one of the most important LNG terminals in Australia are unable to reach a wage agreement. If no agreement is reached by the first week of September,…
Meta is Preparing to Launch the Web Version of the Threads App, Transforming Online Conversations The Wall Street Journal says that Meta will unveil the web version of Threads, its rival to X (formerly known as Twitter), early this week. It has been frustratingly lacking a web version ever since the short-form posting service started….
As the second-largest economy in the world battles to recover from the effects of the pandemic, China’s central bank has reduced one of its main interest rates for the second time in three months. The prime rate for a one-year loan from the People’s Bank of China (PBOC) was reduced from 3.55% to 3.45%. A…
According to Trade Ministry figures, Turkish construction companies undertook over $8.93 billion (roughly TL 242 billion) in projects abroad in the first seven months of this year. Despite swings in demand in the industry due to the continuing Russia-Ukraine war, as Russia has typically maintained strong demand in recent years, the sector conducted around 120…
China’s central bank and financial regulators met with bank leaders and told them to make more loans to help the economy recover. This is another sign that officials are getting more worried about the worsening economy. A statement from the central bank on Sunday said that officials from China Life Insurance Co. and stock markets…
We are all aware that money is important, whether it is for our everyday life or our future aspirations. But have you heard of “411 Finance”? It’s a smart method to manage your money. In this post, we’ll go over the fundamentals of 411 Finance and how it can help you manage your money like…
When we talk about Midwest finance, we’re going into the area of money management, savings, investments, and economic growth in the United States’ core region. Many states in the Midwest have distinct economies, and understanding its financial environment might help us make better financial decisions. Economic Landscape of the Midwest The Midwest includes states such…
Are you drawn to the idea of owning a famous Harley-Davidson bike? The idea of riding a strong Harley down an open road is very exciting. But it can be a big financial step to buy a Harley. So, we’ve put together this guide to help you understand the different ways you can pay for…