The world’s third-largest economy expanded by 1.0% in the second quarter of 2017 over Q1, giving an annual rise of 4.0% in gross domestic product for the year to June.
The week’s aggressive rhetoric from the US and North Korea have contributed to a rally in defensive assets in global financial markets.
The South Korean former container shipping giant has raised only a fraction of the amount needed since its bankruptcy nearly a year ago.
As anticipated, US organisations exited prime money market funds en masse following last year’s SEC reforms. AFP’s latest Liquidity Survey indicates what it will take to encourage them back.
Trade credit insurer Atradius expects the country to emerge from recession this year, but warns that weak confidence will continue to keep growth subdued.
Merchants are aiming to meet the expectations of increasingly demanding consumers while still maintaining operational efficiency, reports SIX Payment Services.
Investment in socially responsible assets has dramatically increased worldwide, with a 25% rise over the two years to 2016.
In the competition between EU financial centres to attract business from London post-Brexit, Frankfurt has already scored several significant wins.
Global merger and acquisition deals totalled US$1.4 trillion over the first six months of 2017, a “modest decline” of 4% on a year earlier reports EY.
The US Commodity Futures Trading Commission approved LedgerX as the first regulated clearing house for derivatives contracts settling in digital currencies.