#banking

Japan's life satisfaction hits near-bottom among major countries amid inflation surge, with only 13% satisfied and 15% expecting improvement, reflecting deepening economic challenges and demographic pressures.
#YonhapInfomax #JapaneseLifeSatisfaction #Inflation #IpsosSurvey #EconomicChallenges #DemographicPressures #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=58954

RBA minutes indicate May meeting as appropriate time to review policy settings, deem April easing premature amid inflation concerns and global economic uncertainties
#YonhapInfomax #RBA #MonetaryPolicy #PolicyReview #Inflation #EconomicRisks #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=58761

Atlanta Fed President Bostic warns inflation remains significantly above Fed target, emphasizing need for clarity amid economic stagnation and persistent price pressures
#YonhapInfomax #Inflation #FederalReserve #RaphaelBostic #MonetaryPolicy #EconomicGrowth #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=58732

Federal Reserve Governor Christopher Waller suggests tariffs' inflationary effects may be short-lived, hinting at potential policy implications
#YonhapInfomax #FederalReserve #Inflation #Tariffs #MonetaryPolicy #EconomicOutlook #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=58630

Democratic Party files complaint against Acting President Han Duck-soo for abuse of power in Constitutional Court justice nomination, escalating political tensions over judicial appointments
#YonhapInfomax #DemocraticParty #HanDuckSoo #ConstitutionalCourt #AbuseOfPower #JudicialAppointments #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=58567

Singapore's central bank eases monetary policy as GDP growth slows to 3.8%, reducing S$NEER appreciation rate amid lower inflation expectations
#YonhapInfomax #MonetaryAuthorityOfSingapore #MonetaryPolicy #GDPGrowth #S$NEER #Inflation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=58549

https://www.europesays.com/1993003/ bne IntelliNews – S&P revises Hungary’s outlook to negative, citing stagflation risks and fiscal slippage ##banking #bne #Finance #hír #hungary #Magyarország #rating #S&P

https://www.europesays.com/uk/16734/ Brexit reset tested as Brussels and London fight about finance – POLITICO #Banking #BaselIII #Brexit #Britain #Companies #Competitiveness #DonaldTrump #EU #Europe #European #EuropeanUnion #Finance #FinancialServices #FinancialStability #GreatBritain #Growth #Industry #KeirStarmer #Markets #payments #RachelReeves #Regulatory #Services #Stability #UK #UnitedKingdom #UnitedStates

CAUTION!

"Bond market moves raise fears of growing bets against America
#Treasury yields have been behaving unusually, sparking concerns that the typical “safe haven” investment might be losing some of its shine."

#USA #News #Fascism #Economy #GDP #Oligarchy #Tariffs #Business #Constitution #NATO #Banking #Technology #Threats #Disaster #History #Bonds

https://www.nbcnews.com/business/markets/bond-market-moves-raise-fears-growing-bets-america-rcna200936

@RubenWA i don't understand it that way. From Wikipedia:

[#Wero is a European mobile payment system intended to replace Giropay in Germany, Paylib in France,[1] Payconiq in Belgium[2] and Luxembourg and iDEAL in the Netherlands. The service was launched on 2 July 2024 by the European Payments Initiative.[3] The service intends to compete with PayPal and similar services, beginning as a real-time payment system and later with an extended online payment function.]

#banking #creditcards

U.S. tariff exemption on electronics sparks optimism on Wall Street, with analysts calling it "dream news" for Big Tech, despite lingering concerns over potential future restrictions.
#YonhapInfomax #TariffExemption #WallStreet #BigTech #ElectronicsIndustry #TrumpAdministration #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=58474

@RubenWA it's not what I mean.
I am talking about real credit cards, not just a #PayPal alternative allowing online payments.
You can avoid using PayPal and just purchase with your credit card, and there are different national services handling that transaction online.
But not a single EU country has a circuit like #Visa or #MasterCard. We had local debit cards s circuits and even those are being unified under Maestro, which belongs to Mastercard.

#banking #payments

South Korea and Australia agree to cooperate on energy and critical minerals supply chain stability amid global economic uncertainties, emphasizing free and fair trade through multilateral forums.
#YonhapInfomax #ChoiSangMok #JimChalmers #EconomicCooperation #SupplyChainStability #G20 #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=58463

People Power Party presidential candidates unite in support of Seoul Mayor Oh Se-hoon's decision not to run, emphasizing joint efforts for power restoration and reflecting on past administration's failures.
#YonhapInfomax #PeoplePowerParty #OhSeHoon #PresidentialElection #ConservativeMovement #PoliticalStrategy #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=58444

China's biggest banks under pressure as trade war heats up

> China Evergrande Group had 2.39 trillion yuan in debt at the end of June 2023. [..] In January 2024, a #HongKong court ordered the company to liquidate. Yet there are no signs that its debts are being disposed of in mainland #China, where most of the assets are located. https://archive.is/2025.04.11-183155/https://asia.nikkei.com/Business/Markets/China-debt-crunch/China-s-biggest-banks-under-pressure-as-trade-war-heats-up #Evergrande #TradeWar #Tarrifs #banking #realestate #finance

Minneapolis Fed Chief Neel Kashkari sees no major disruption in US Treasury market despite selling pressure, emphasizing cautious approach to inflation
#YonhapInfomax #NeelKashkari #USTreasuryMarket #FederalReserve #Inflation #DollarWeakening #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=58411

US Producer Price Index unexpectedly declines in March, signaling potential easing of inflationary pressures and impacting Federal Reserve policy outlook
#YonhapInfomax #ProducerPriceIndex #USEconomy #Inflation #EconomicIndicators #FederalReserve #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=58407

As @AnnPettifor explores: given the role of T-bills (US public debt) historically as the collateral of choice across the global financial system, what happens when the value of that collateral suddenly (through the actions of a US President) drops?

The unwinding of the US central role in the global market may lead to some very difficult (and damaging) transitions before a new (relative) stability is gained.

Buckle up, its going to be a bumpy ride!

#economics #banking
https://annpettifor.substack.com/p/will-the-us-bond-market-blow-up-the

Goldman Sachs warns of 35% risk for further market decline despite Trump's tariff suspension, citing economic indicators and persistent uncertainties
#YonhapInfomax #GoldmanSachs #MarketCorrection #TariffSuspension #DownsideRisk #EconomicUncertainty #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=58339

USD/KRW exchange rate falls amid global dollar weakness, dropping 5.00 won to 1,451.40 as dollar index slips below 100 for first time since October last year
#YonhapInfomax #USDKRWRate #DollarWeakness #ForeignExchangeMarket #DollarIndex #USTariffs #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=58336