Chinese banks risk $200 billion loss due to real estate crisis
Daily NewsAccording to UBS, Chinese banks face $200 billion in losses in real estate crisis The UBS Group estimated in a report published today that the crisis in China’s r...
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According to UBS, Chinese banks face $200 billion in losses in real estate crisis The UBS Group estimated in a report published today that the crisis in China’s r...
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Meeting with representatives of the Japanese business community including Nikon, Fujitsu, Hitachi High-Tech and Tokyo Electron in Tokyo, US Vice President Kamala ...
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Apple is preparing to source chips for its devices from a factory under construction in Arizona in the United States, Bloomberg News reported on Tuesday. The repo...
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The World Bank has approved a $512 million loan to Turkey to increase financing for the retrofitting of housing and infrastructure against earthquakes and floods....
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Atlanta Fed President Raphael Bostic said he sees little evidence that the Fed’s sharp tightening of monetary policy is slowing inflation. While Fed officials ack...
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US Secretary of State Antony Blinken said that the leaks in the Nord Stream pipeline were being investigated and that initial reports suggested they may have been...
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Rishi Sunak is due to hold a surprise meeting with Xi Jinping at the G20 summit of world leaders in Indonesia on Wednesday to try to build a new, frank and constr...
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The European Bank for Reconstruction and Development (EBRD) has raised its 2022 growth forecast for Turkey from 2 percent to 4.5 percent. The bank noted in its as...
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Former US President Donald Trump has declared his candidacy for the 2024 presidential elections. Former US President Donald Trump has officially announced his can...
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British Finance Minister Kwasi Kwarteng is set to meet with Wall Street bankers today. Minister Kwarteng met with bankers, insurers and asset managers in the Lond...
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The ambassadors of NATO member countries will discuss the missile landing in Poland at the North Atlantic Council meeting. The NATO Spokesperson announced that th...
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San Francisco Fed President Mary Daly said the Fed is "determined" to bring down high inflation, but does not want to put the economy in a difficult position or i...
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Although US fund managers cannot reach a consensus on the possibility of a recession, according to JPMorgan modeling, the S&P 500 index indicates a 92 percent pro...
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BMW has chosen Alexa as its next-generation voice assistant. The first vehicles with BMW’s next-generation voice assistant will be released over the next two year...
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Elon Musk announced that the electric pickup Cybertruck can navigate water like a boat. The electric pickup model Cybertruck, announced by electric automotive gia...
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The Bank of Japan (BOJ) has increased the amount of regular bond purchases amid rising bond yields due to volatility in global markets. The bank is expected to in...
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Oil is posting a negative quarterly performance for the first time since 2020 as macro indicators are shaken. Oil lost ground as concerns over a global economic s...
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Former US Treasury Secretary Larry Summers stated that a level of anxiety similar to August 2007, when the first signs of the collapse in the US housing market we...
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According to the data of the World Gold Council, the Central Bank of the Republic of Turkey (TCMB) added 9 tons of gold to its gold reserves in August. Thus, rese...
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In his speech at the Participation Finance Strategy Document Presentation Meeting, President Recep Tayyip Erdoğan made the following comment regarding inflation: ...
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Tesla broke a record for vehicle deliveries in the third quarter of 2022 despite ongoing production and supply chain issues, but the figure fell short of estimate...
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