Finance - My Global News: Voices of a New Era

Global Financial Institutions Urged to Embrace Reforms to Maintain Relevance

My NewsSeptember 6, 202403 mins

Global financial institutions must reform to stay relevant, says Clay Lowery of the Institute of International Finance during the 2024 Bund Summit.

China-Africa Partnership Evolves with Focus on Sustainability and Innovation

My NewsSeptember 5, 202404 mins

FOCAC has been pivotal in strengthening China-Africa relations, focusing on trade growth, diversified partnerships, and sustainable development for a thriving global economy.

China’s Loan Prime Rate Holds Steady in August

My NewsAugust 20, 202402 mins

China’s one-year and over-five-year loan prime rates remained unchanged in August, maintaining 3.35% and 3.85% respectively, signaling market stability.

Guppy Calls U.S. Debt Ceiling Debate ‘Troubling’ and Politically Driven

My NewsAugust 17, 202402 mins

Daryl Guppy, CEO of guppytraders.com, warns that U.S. debt ceiling debates are more political than a serious examination of the ‘troubling’ issue.

Nature

China Allocates 649 Million Yuan for Flood Relief Efforts

My NewsAugust 7, 202402 mins

China’s Ministry of Finance allocates 649 million yuan (~$91M) to enhance flood response and disaster relief efforts across multiple regions, aiming to strengthen infrastructure and community resilience.

U.S. Debt Soars Over $35 Trillion: Nobel Laureate Sounds Alarm

My NewsAugust 1, 202401 mins

Nobel laureate Michael Spence warns that the U.S. national debt, now over $35 trillion, could lead to catastrophic consequences.

Business

U.S. National Debt Surpasses $35 Trillion Milestone

My NewsJuly 31, 202401 mins

The United States’ national debt has exceeded $35 trillion for the first time, highlighting growing economic challenges and calls for fiscal responsibility.