by Liberty Street Economics | Apr 1, 2024 | alerts, Markets/Economy
Donald P. Morgan and Wilbert van der Klaauw Overdraft credit, when banks and credit unions allow customers to spend more than their checking account holds, has many critics. One fundamental concern is whether overdrafts are salient—whether account holders know how...
by Bloomberg.com | Apr 1, 2024 | alerts, Markets/Economy
Central bank expected to start easing cycle after pace slows Prices ease after everyday food items double in three years Pakistan’s inflation pace eased in March for a third month in a row to the lowest in almost two years as record borrowing costs weakened economic...
by Bloomberg.com | Apr 1, 2024 | alerts, Markets/Economy
Taiwan, Japan, South Korea PMIs remain just below 50-threshold Business optimism improves as demand seen to rebound this year Asia’s manufacturing activity painted a mixed picture in March as new orders and output worsened for some amid still subdued global demand...
by Bloomberg.com | Mar 31, 2024 | alerts, Markets/Economy
Foreign inflows to South Korea are biggest in Asia after Japan Samsung, SK Hynix are among foreign funds’ favorites in 1Q Bets on artificial intelligence drove the largest quarterly foreign inflow to South Korean shares, contributing to a global rally in AI-related...
by Bloomberg.com | Mar 31, 2024 | alerts, Markets/Economy
China poses deflation risk; Trump policies may spur inflation Opposing rate paths in Japan, US may cause market dislocations Japan’s economy is at risk from price pressures from its two largest trading partners, according to the chief of the country’s banking...
by Bloomberg.com | Mar 31, 2024 | alerts, Markets/Economy
Sales from top real estate companies fell about 46% in March Nation’s property crisis has weighed on big builders, banks China’s home sales slump dragged on in March, signaling a much-hoped turnaround for the sector isn’t in sight yet. The value of new-home sales from...
