Category: Asia (Economy, Finance, Business)

By: Economic & Finance Report Goldman Sachs (GS) will be laying off approximately 4,000 employees. CEO David Solomon indicated this as much, in the end of the 2022-year letter to…

By: Economic & Finance Report Saudi Aramco (the world’s largest oil producer); has indicated warning signs that low capacity of oil can lead to an even tighter oil; gas and…

By: Economic & Finance Report Popular Crypto exchange company FTX (Futures Trading Exchange) filed for Chapter 11 bankruptcy on Friday, November 11, 2022. It was certainly the beginning of the…

By: Economic & Finance Report Record labels are renegotiating with TikTok; the popular social media platform, in order to earn more money from the music catalogue, they license to TikTok.…

By: Economic & Finance Mr. Elon Musk has done it, he has made the announcement for the “good of the people”. The people will decide the importance of being Twitter…

https://youtube.com/shorts/t19-vIVnfQM?feature=share

By: Economic & Finance Report Wells Fargo is scaling down it’s mortgage business. The slashing of services from its mortgage division has to do with the direction of the overall…

https://www.youtube.com/watch?v=ies7Kqr3Oy4&feature=youtu.be

By: Economic & Finance Report Oil reserves were shipped overseas last month (June 2022); as constant oil and gas prices remain relatively high. In excess of 5 million barrels were…

By: Economic & Finance Report The Aussie dollar is about to increase tenfold perhaps. The Australian Central Bank (RBA); will be conducting back-to-back interest rate hikes this upcoming Tuesday, June…