Knight Frank, a real estate agency, has been tasked by Risland UK, a subsidiary of Country Garden, to oversee the sale of the Calico Wharf development. This project, proposed to house 1,000 homes, is located in the Poplar area of London and is yet to commence construction. As China's leading private property developer, Country Garden…
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Established in 2015, VT Markets has distinguished itself as a global broker in multi-asset CFD trading and has now achieved the prestigious status of an Approved Broker Member of the Financial Commission. Effective January 30th, 2024, this membership provides VT Markets and its clients with various benefits, including coverage of up to €20,000 per complaint…
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IMF Chief Economist Pierre-Olivier Gourinchas highlighted the updated World Economic Outlook, indicating that the global economy is approaching a 'soft landing' phase. However, he cautioned that while inflation is steadily declining and growth is maintained, the expansion's pace remains slow, and potential challenges lie ahead. The IMF's optimism is bolstered by increased public and private…
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In 2023, the merged entity's market share dropped to 37.6%, a decrease from 39.3% in the previous year. Adrian Schatzmann, the head of the association, forecasts a further reduction in their market share as UBS integrates and streamlines Credit Suisse's fund offerings. He also noted that some investors seek to diversify their holdings to reduce…
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The EU established the first extensive crypto market regulations globally last year, known as the Markets in Crypto-Assets (MiCA), a significant step in regulating an online sector where enforcing national boundaries has been challenging. The latest EU guidelines detail how non-EU crypto firms and regulators should adhere to MiCA when seeking to provide services directly…
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U.S. equity funds experienced net outflows of $3.04 billion during this period, the smallest amount in the past four weeks. This trend was mitigated by a rally on Wall Street, mainly driven by solid gains in the tech sector following optimistic projections from TSMC and Super Micro Computer (SMCI.O). U.S. value funds witnessed net redemptions…
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European authorities have been mulling over the possibility of seizing frozen Russian assets, including those belonging to the central bank, to fund Ukraine's reconstruction. However, there are concerns that the negative impacts of such an action, including possible retaliation and a decrease in confidence in European assets, might outweigh the benefits. Using a currency as…
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At the outset, the Swiss-based brokerage firm will limit the lending to certain stocks and exchange-traded funds, with plans to expand to additional asset classes. The annual payout rate for some stocks may surpass 5%, depending on market demand. The net return rate for clients on loaned securities could reach up to 1% annually, with…
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To further encourage the adoption of its Investment Plans in the UK, XTB has launched a new promotional campaign. This initiative underscores the advantages of automated, long-term, passive investment strategies. The firm underscores the benefit of this approach, highlighting the adaptability in modifying investment allocations to suit investors' changing objectives and preferences. Joshua Raymond, Director…
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A German national, 59-year-old Walter's extensive background in the financial sector is marked by significant roles at global financial institutions. His stint at the ECB, which began in 2014, saw him supervising major banks within the eurozone. In 2020, he transitioned to a role that entailed overseeing risk supervision, focusing on diverse risk categories, including…
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