Moody`s issued a forecast about near future of the UK banking system in the light of the country's future withdrawal from the European Union. According to the agency, large banks have done everything possible to level the risks and financial losses associated with Brexit. However, the report notes, difficult times may come for the entire economy of the country. British banks have become more...

The Chinese economy begins to experience the first negative consequences of the trade war with America as pace of the manufacturing sector’s development is declining. The trade war between the USA and the PRC is reducing demand for Chinese goods both abroad and within the country. As a result, Chinese manufacturers already have to cut production, which follows from a statistical report on...

According to Pew Research Center, the technology market in the United States has stopped showing growth in the past two years. Shares of Americans who use social networks, own a smartphone, tablet or computer, are almost identical to those of 2016, although previously the market showed a steady growth. The experts believe that the market has reached saturation. 95% of American adults own phones,...

UBS and Campden Wealth presented a report on activities of family offices for 2018. A family office is usually a company which task is to centrally manage a wide range of issues for wealthy families. Typically, this is investment management, tax and legal support, planning structure of ownership and inheritance of a family business, maintaining consolidated financial statements. The study of...

The rating agency Moody's estimated environmental risks for 84 sectors of the economy, which account for $ 74.6 trillion of rated debt (10% more than in 2015) as part of the "global risk heat map". 11 sectors with total debt of $ 2.2 trillion were included in the group exposed to high credit risks, two of which - coal mining and coal terminals, as well as utilities with unregulated tariffs and...

Excessive demand for shares of cannabis producers resembles the fever around crypto currency in 2017. Last Wednesday (September 19), the rapidly growing marijuana market experienced its "craziest day". Since the beginning of the trading session, Tilray shares have grown more than 40%, reports Bloomberg. Since the IPO in July of this year, the company's capitalization has soared by 1500%, from $...

Following results of the summit in Algeria, participants in the OPEC + agreement, contrary to expectations, did not give the market a clear signal about their readiness to increase production to replace Iranian oil. Its exports may decrease after US sanctions entry into force in early November. Thus, the agreement’s leaders, Saudi Arabia and Russia, have so far paused to see the extent of real...

Representatives of the Swiss bank UBS said that China is still the most attractive market of all developing countries. According to Katherine Tsai, Head of the UBS investment fund engaged in dealing with China, the introduction of the US new tariffs will not have a significant impact on the economy of China, and the potential for its growth remains very high. Katherine Tsai, who heads the UBS...

S&P Global is interested in the $ 11 trillion bond market in China, which may be good news for international investors who need more reliable bond ratings, CNBC reports. S&P Global Financial Director Ewout Steenbergen noted that now is the right time to come to China, since the largest economy of Asia lifted restrictions on foreign ownership for credit rating agencies. Clarifying the...