21-02-2021
Democrats are on course to approve $1.9 trillion in emergency pandemic spending within the next month. It would be yet another large infusion of federal aid only months after Congress passed a $900 billion aid package…
17-02-2021
German apparel company Adidas is preparing to offload its struggling Reebok brand, the firm announced Tuesday. Adidas acquired Reebok in 2006 for roughly $3.8 billion in an attempt to better compete with Nike, but the…
02-02-2021
USD/JPY FUNDAMENTAL BACKDROP Yesterday, President Joe Biden embarked upon stimulus negotiations with Republicans which resulted in an optimistic attitude across financial markets. Emerging Market (EM) currencies are trading up against the U.S. Dollar which reaffirms…
03-01-2021
Britain becomes the latest country to remove the tampon-tax on Friday, eliminating the sales tax on sanitary products. The UK has abolished the 5% rate of value-added-tax (VAT) on menstrual products. The move was widely…
19-12-2020
China has drawn up new rules that will allow authorities to review foreign investment on national security grounds, the country's state planning agency said on Saturday. The new review system will cover foreign investments in…
19-12-2020
Democratic and Republican lawmakers in Washington were working through the weekend to complete a $900 billion coronavirus aid bill for American individuals and businesses struggling from the economic fallout of pandemic lockdowns. It would be…
18-12-2020
A Swiss court has upheld the 2019 conviction of a former UBS banker for selling information about wealthy German tax evaders to German authorities. The ex-banker - a Swiss dubbed Rene S. under restrictions on…
18-12-2020
China will maintain policy support for its economic recovery, avoiding a sudden shift in policy, to help keep economic growth within a reasonable range in 2021, the Xinhua news agency said today, after a meeting…
17-12-2020
British public spending on furloughing private-sector employees unable to work due to the coronavirus rose to a total 46.4 billion pounds ($63.0 billion) as of Dec. 13, up from 43.0 billion a month before, government…
17-12-2020
Stocks scaled record heights, the dollar plumbed two-year lows and oil prices hit their strongest today since March , as monetary support and the hope of fiscal stimulus in the United States put traders in…
