Back in June, Michael Mandel of Business Week wrote an interesting piece titled A Lost Decade for Jobs in which he analyzed the growth Private Vs. Public sector job growth. His research showed that the private sector “job growth was almost non-existent over the past ten years”. He added “Between May 1999 and May 2009, …
The Tier 1 common capital to risk-weighted assets ratio historically stood at 7¼% over 1997–2007 for all FDIC banks in the U.S. The U.S. Supervisory Capital Assessment Program (SCAP) which performed the stress tests to assess risks faced by banks assumed a target of 4% Tier 1 common capital to risk-weighted assets ratio which is …
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The latest IMF Country Report for U.S.A released yesterday says that the financial strains are still high and the recovery is likely be gradual. Some of the key takeaways from this report are listed below: Exports of goods and services would be restrained due to the sluggish growth in countries with which the U.S. trades …
Continue reading ‘IMF: U.S. Economic Recovery Likely to be Gradual’ »
In an article titled Barometer on China’s Health: Shippers the Wall Street Journal noted yesterday that “If China’s economy is faltering, the global shipping industry will be among the first to reveal it.” Most of the commodities such as oil, iron ore, wheat, etc. are shipped worldwide are transported by ships. The article added “The …
Continue reading ‘Is the Global Economy Really Recovering Now?’ »
Chinese listed banks, which have lent record high amounts in the first half, are likely to report lower profit growth in the period due to narrowing interest spreads and higher provisioning requirements, industry analysts said. Chinese listed banks to see lower profit U.S. Listed China ADR Stocks by Sector World Bank: China Page IMF: China …