Numerous Small Businesses Frustrated in Not Getting Government Loans, Says US Banks

Apr 21, 2020 04:17 am UTC| Economy Business

A couple of large US banks revealed that they could not meet the overwhelming number of requests for the paycheck protection program (PPP), which were at hundreds of thousands as of Saturday. The PPP, a scheme that...

More Asian Commodity Traders Being Denied Bank Loans Due to Perceived Risks

Apr 21, 2020 04:17 am UTC| Economy Investing

Bankers are now requiring crippling terms from commodity traders in Asia or refusing to lend to them altogether due to the perceived risks in transacting with them. Asian commodity traders are increasingly deemed as...

India to probe beneficial ownership of money from investment hubs

Apr 20, 2020 12:49 pm UTC| Investing Economy

The Securities and Exchange Board of India (SEBI) will scrutinize investment hubs such as Singapore, the Cayman Islands, Luxembourg, and Ireland, for investments originating from China and Hong Kong. Investments from...

Canada to guard against foreign takeovers during the COVID-19 pandemic

Apr 20, 2020 12:39 pm UTC| Economy Investing

Canada will scrutinize health-related foreign investments to make sure that other countries arent taking advantage of the pandemic to pursue takeovers. The companies to be examined with particular attention are those...

Global Geopolitics Series

Brexit: how the UK is preparing to secure its seas outside the EU

Apr 18, 2020 06:38 am UTC| Economy

Four dinghies carrying 53 migrants who tried to cross the English Channel from France were intercepted by British and French authorities in early April. The crossings are a reminder of the importance of maritime security...

FxWirePro: Is Sterling Disregarding Stimulus From BoE And UK Govt? Reactivation of GBP/USD Shorts

Apr 17, 2020 08:56 am UTC| Research & Analysis Central Banks Economy Insights & Views

Short GBPUSD is the preferred candidate to raise our long USD, defensive exposure once again after the rounds of profit-takes of recent weeks. As evident from the above diagram, cable has retraced from its lows more...

Post-coronavirus economic thinking could go one of two ways in the UK

Apr 16, 2020 15:22 pm UTC| Economy

British economic policy since the 1940s has largely been an ideological battle between two schools of thought. One embraces the interventionist ideas of John Maynard Keynes. The other follows the ideas of free market...