Global Banks Show Tantalizing Signs Of Stability: S&P
S&P estimates that a return to pre-Covid-19 levels of financial strength will not occur until 2023 or beyond.
Financial Markets
Podium Push: Efforts To Relocate Or Postpone Upcoming Olympics In China Gains Momentum
Movement stems from concerns over country’s reported use of forced-labor for a variety of consumer and industrial products
Small Financial Advisers Say System Broken In Australia
Small business financial advisers say the industry has been broken by the extent of regulation since the banking royal commission.
IndiGo Q1 Net Loss Widens To $426.8 Million
The Covid-19 pandemic impacted the company’s financial result, Indigo said.
Starbucks To Sell Stake In Its South Korean Venture To Shinsegae Group
Shinsegae Group is set to acquire an additional 17 percent stake in Starbucks Korea.
Likely Inflation Spike Would Not Unsettle Reserve Bank Of Australia
The June quarter consumer price index is expected to show an annual rate above three percent for the first time in a decade.
Rising Participation Of Big Tech Firms In Financial Services Worries India’s Central Bank
India’s central bank, Reserve Bank, cites antitrust, cybersecurity, and data privacy concerns.
Australian Energy Retailer Fined $1.8 Million Over “Phoney” Agents
Simply Energy was fined AU$1.8 million after-sales agents allegedly impersonated customers to renew their accounts sans consent.
Tackling Income Inequality Might Boost Vocabulary Of Low-income Children: Study
The study’s preliminary results lend credence to developmental and educational benefits of poverty-cutting government programs.