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Major U.S. Banks Announce Dividend Increases: JPMorgan, Wells Fargo, Goldman Sachs, and Morgan Stanley Boost Quarterly Payouts
author-avatar Rogerio Alvarez
Economy, News
July 1, 2023
02 Jul 2023

Major U.S. Banks Announce Dividend Increases: JPMorgan, Wells Fargo, Goldman Sachs, and Morgan Stanley Boost Quarterly Payouts

Introduction In a significant development for the financial sector, JPMorgan, Wells Fargo, Goldman Sachs, and Morgan Stanley have recently announced plans to increase their quarterly dividends. These dividend hikes reflect the banks' robust financia...
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Philippine Finance Secretary Expects Central Bank to Maintain Steady Interest Rates as Inflation Eases
author-avatar Rogerio Alvarez
Economy
June 27, 2023
27 Jun 2023

Philippine Finance Secretary Expects Central Bank to Maintain Steady Interest Rates as Inflation Eases

Philippine Finance Secretary Foresees Interest Rate Stability Philippine Finance Secretary Benjamin Diokno, who also serves as a policymaker in the country's central bank, has expressed his expectation for a "long pause" in raising interest rates. H...
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US Business Activity Slows in June as Manufacturing Contracts, Raising Concerns
author-avatar Rogerio Alvarez
Economy
June 24, 2023
25 Jun 2023

US Business Activity Slows in June as Manufacturing Contracts, Raising Concerns

The United States witnessed a deceleration in business activity during early June, with the slowest pace of expansion observed in three months. This underperformance can be attributed to a more pronounced contraction within the manufacturing sector. ...
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China Cuts Interest Rates as Alibaba Shakes Up Board Economic Update.
author-avatar Rogerio Alvarez
Economy, News
June 20, 2023
20 Jun 2023

China Cuts Interest Rates as Alibaba Shakes Up Board: Economic Update

China's economy has been showing signs of losing momentum in its post-pandemic recovery, prompting the People's Bank of China to take action. In an attempt to stimulate the economy, the central bank has recently cut its benchmark lending rates. Concu...
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European Shares Steady as U.S. Fed Signals Pause in Rate Hikes; Entain Shares Tumble on Acquisition Announcement
author-avatar Rogerio Alvarez
Economy
June 14, 2023
14 Jun 2023

European Shares Steady as U.S. Fed Signals Pause in Rate Hikes; Entain Shares Tumble on Acquisition Announcement

European shares started the day with little change as investors awaited the U.S. Federal Reserve's decision on interest rates, which was widely anticipated to result in a pause in rate hikes. Concurrently, Entain, the owner of Ladbrokes, experienced ...
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Bank Indonesia to Intervene in Currency Market Amid Volatility
author-avatar Rogerio Alvarez
Economy, News
March 16, 2023
16 Mar 2023

Bank Indonesia to Intervene in Currency Market Amid Volatility

Bank Indonesia (BI) Governor Perry Warjiyo has announced that the central bank will intervene in the currency market to address the impact of market uncertainty linked to the closure of some U.S. banks and problems at Credit Suisse. Speaking after a ...
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author-avatar Rogerio Alvarez
TRADING AND INVESTING
March 28, 2023
09 Mar 2023

Protecting Your Finances Against Inflation: Tips and Strategies

Inflation is a term that refers to the increase in prices of goods and services over time. It is a natural phenomenon that occurs in most economies around the world. While inflation can have some positive effects on the economy, such as promoting gro...
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