The COVID-19 pandemic forced people who were left without work to think about prudent financial management and the importance of savings. A PWC study found that 55-62% of Gen Xers and millennials do not have a cash cushion for unforeseen situations. And 49% of Americans struggle to pay their monthly utility bills. This explains the … Read more
Capital C Corporation, a Singapore-based financial services provider, bags SGD$74 Million in their recent fundraising exercise with PhillipCapital, Luminor Capital, Paradise Group, Citystate Group, various family offices and Ultra-High-Networth-Individuals. The fresh injection of funds will serve to fuel their lending capabilities and expand their digital financial platform offerings to provide a seamless experience and also … Read more
War in Ukraine leading to higher inflation, tighter financial conditions WASHINGTON, June 07, 2022—Compounding the damage from the COVID-19 pandemic, the Russian invasion of Ukraine has magnified the slowdown in the global economy, which is entering what could become a protracted period of feeble growth and elevated inflation, according to the World Bank’s latest Global … Read more
Removing tariffs on imported Chinese goods will strip 1% off inflation in the US over time and return confidence to the economy which could help President Joe Biden at the ballot box, former US ambassador David Adelman says. “Inflation will be No. 1 issue in midterm elections in the US in November,” Adelman told CNBC’s … Read more
