Hints and tips:
...Officially, the canal is known as the Tonle Bassac Navigation Road and Logistics System Project....
...Financial markets may have hit the buffers last year, but this did make one type of investment a lot more popular: buffered exchange traded funds....
...One investor said they were concerned Berkshire did not have systems in place to address what they called “reprehensible behaviour” at BNSF....
...advocacy group Stand.Earth, which is working with the comptroller, told the Financial Times....
...Email me your thoughts at sid.v@ft.com. Latest news Amy Kazmin in Rome has a fascinating piece on why Giorgia Meloni is pushing back on Italy’s shift to digital payments....
...A version of this article was first published by Nikkei Asia on February 14 2023. ©2023 Nikkei Inc. All rights reserved....
...Only 60 per cent of workers in south-east Asia are estimated to have bank accounts, Naik said, but ecommerce in the region is growing quickly as more consumers gain access to the financial system....
...Let us know what you think at imani.moise@ft.com and sid.v@ft.com. A programming note: FintechFT will take a one-week break in observance of the Easter holiday. The next issue will be April 25....
...Bricks and mortar chains including JCPenney, Neiman Marcus, J Crew, Brooks Brothers and Canada-based Aldo filed for bankruptcy protection last year, but several later exited or were bought out of Chapter...
...Olaf Scholz said the affair had revealed that Germany’s system of financial regulation “needs to be reorganised”. 2....
...Welcome to the Due Diligence briefing from the Financial Times. Not a subscriber? Sign up here....
...You don’t have to be Thomas Piketty to recognise that inequality poses a significant risk to the global system as it stands....
...Brian Brooks, acting head of the Office of the Comptroller of the Currency, a federal banking regulator, told the FT he was not “prepared to revisit the fundamentals of bank regulation” as a result of the...
...“The system is deficient in dollars. I’m not saying that a crisis is happening imminently....
...“There has been a rebound, and funding conditions are normalising,” said Robin Brooks, chief economist at the IIF....
...Yet non-profits remain sceptical of efforts — notably by Japanese megabanks like Mizuho Financial Group, Sumitomo Mitsui Group and Mitsubishi UFJ Financial Group — and point out loopholes, including the...
...Under the current credit system, banks hand over customer data to credit reporting agencies such as Equifax and Experian, before buying back aggregated reports from those companies....
...An overly indebted financial system will weigh on long-term growth prospects. It also reinforces the feedback loop between central banks and asset prices....
...The Chinese government has long held a tight grip on the country’s financial system, opening up to trade but closing out competition to its national businesses from foreign institutions....
...The story makes money an abstraction, an accounting system for value created elsewhere. Governments can borrow money, or tax it, but they can’t create it....
...AstraZeneca Plc has made a preliminary approach to rival drugmaker Gilead Sciences Inc. about a potential merger, according to people familiar with the matter, in what would be the biggest health-care deal...
...Is Lockheed Martin a ‘bad’ company because it makes weapons that kill, or a ‘good’ company because it makes missile defence systems?...
...Last year was exceptional for Europe Inc in terms of growth, profitability and business expectations....
...Brooks believes it could lead to a repeat of the panic in 2015 and 2016. Worse, it could foil Beijing's plans to put its financial system on firmer footing....
...Developing risk management systems that are better at modelling a bank’s financial exposures and calculate potential losses RENEWABLE ENERGY Improving the efficiency of solar cells by designing better...
International Edition