The weekend’s news was dominated by reports of the second-largest banking failure in US history. Those are not the headlines that anyone in financial services wants to see, as there are inevitably jitters throughout the investor community whenever an event occurs that sucks liquidity out of the market.
The Federal Reserve has been acting as a sponge for months now, mopping up excess liquidity and moving profits from the hands of equity investors into those of debt investors. With the dollar as the world’s reserve currency, the interest rate cycle in the US drives rates across the world. South African investors certainly haven’t been immune to the impact of higher rates not just on valuations but also on net profits as floating-rate debt becomes more expensive...
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Philippines Latest News, Philippines Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Qatar's ex-finance minister Al-Emadi to face trial - SABC NewsQatar's former finance minister, AliSherif al-Emadi will face a criminal trial, the state news agency said Sunday, following his 2021 arrest over embezzlement allegations. Meanwhile in SA, the guy would have been promoted...
Source: SABCNews - 🏆 37. / 51 Read more »
Africa must trade its way out of poverty: finance ministersAfrican leaders meeting in Addis Ababa believe intra-Africa trade is the answer to alleviating poverty. That Sounds like work! Very capitalistic of them and the EFF rejects it with the contempt it deserves There's no enough confidence in that statement, we could easily accomplish that but today's African leaders have a mind of their own and it's not to challenge neo/colonial narratives and order. What is the reason Africa is the most under developed continent in the world? Deal with the answer to that question and you might be able to trade out of poverty.
Source: eNCA - 🏆 49. / 51 Read more »
Qatar’s former finance minister faces trial over bribery and corruption chargesCharges include abuse of position and power, damage to public funds and money laundering
Source: BDliveSA - 🏆 12. / 63 Read more »
Personal Finance | Why the fuss about PayShap? | City PressFrom a banking customer perspective, PayShap is simply another payment channel to add to the options that are already available. One can decide whether to use a regular electronic funds transfer (EFT), instant payment, send money (eWallet) or PayShap Earn a minimum of R5k daily R18k weekly, Stephtylorco does The perfectly, i was able to withdraw R65k monthly from an investment of R12k, R3k minimum deposit will earn you more than imagined, check her up for trading startup Stephtylorco 100% guaranteed withdrawal.
Source: City_Press - 🏆 7. / 72 Read more »