Finance News

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Alipay and Wechat to Support Digital Yuan Payment

Alipay and WeChat Pay, China's two largest mobile payment systems, have decided to support the Chinese government's development of digital yuan. Chinese digital currency is to speed up further. According to Chinese media on the 27th, the Digital Monetary Research...

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Global Pandemic and Economy Recovery in 2021

Strong momentum builds in most major economies might lead to a faster recovery in the global economy from its coronavirus slump, Reuters-led polls said. Accordingly, the global economy might recover at a pace not seen since the 1970s. Several reasons...

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India to Roll Out Over $1 Billion Incentives

India is offering incentives in cash to companies that contribute to the country's development. Targeting semiconductor companies, those that set up manufacturing units in India will be able to receive the incentive.  This plan is in line with the country's...

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India Might Be The Next Fastest Growing Economy

Despite a recession in nearly a quarter of a century, India might be coming back as the country with the fastest growing economy in 2021. The Organization for Economic Cooperation and Development (OECD) predicts the country's domestic product could perform...

Financial

Trends Will Shape The Financial Services Industry 2021

Financial institutions are now thinking strategically about their technical setup and questioning for better ones to use going forward. There are trends that will shape the financial services industry in 2021. 1. Modernizing dated core systems  2020 was a year...

us economy

General Review of United States Economy

Despite facing challenges at the domestic level, the U.S. economy is still the largest and most important in the world. The United States economy represents about 20% of total global output and is still larger than that of China. Moreover,...

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China: New Investors Choose Mainland Stock Market

New investors in China are opting for the local stock market for their debut. China's dominance in the global market is attracting more new investors to opt for the mainland stock market. Accordingly, the market might not tumble easily even...

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