Inflation holds the markets in a tight hold; banks fight to thrive
The Bank for International Settlements (BIS), the central bank umbrella body, has emphasized the need for further interest rate hikes, citing the crucial point at which the global economy finds itself as countries grapple with inflationary pressures. Despite the persistent increase in rates over the past 18 months, inflation remains stubbornly high in many major […]
Investors learn Russian stakes are loose; Deutsche breaks the news
Deutsche Bank, Germany’s largest bank, has informed its clients that it can no longer guarantee full access to their Russian stocks, highlighting the challenges faced by global investors seeking to recover their investments in Russian companies. In a note dated June 9, the bank revealed a shortfall in the shares that support the depositary receipts […]
EV batteries see a change after major gamechangers arrive
As the automotive sector strives to meet the rising demand for affordable electric vehicles (EVs), there has been a concerted effort to develop cost-effective battery solutions. Among these options, lithium iron phosphate (LFP) has emerged as a promising material for EV batteries due to its various advantages. Notably, LFP has gained traction due to environmental […]