Venture capital deals in the Asia-Pacific region shrank by one fifth in Q3 amid a slowdown in China's economy and massive protests in Hong Kong, according to the South China Morning Post. Total transaction value fell to $ 14.92 billion from $ 18.61 billion in the previous quarter, according to data released by KPMG. The consulting company attributed this to the slowdown caused by the trade war...

More than half of the world's banks will not survive the next crisis - this is the conclusion reached by experts at McKinsey, an international consulting company. The economic downturn makes lack of profits, lack of capital and declining demand for bankruptcy loans inevitable. Ten years after the global crisis, the global banking industry faced another cyclical downturn. This is indicated...

At the October meeting, the US Federal Reserve System lowered the key rate by 0.25 p.p., to 1.5-1.75% per annum. This decline was the third this year after three years of rate hike. However, in its statement, the regulator seemed somewhat softened, giving a signal that a new rate cut in December was still in question. Experts point out that this can only happen if growth rates deteriorate in the...

The cryptocurrency loan market, which appeared only last year, is rapidly heading for collapse, former Wall Street traders warn. This is facilitated by the lack of lending standards and mismatch of huge supply and low demand. Cryptocurrency loans have expanded too quicklyб and are moving towards an explosion, told several former Wall Street traders who are now engaged in digital assets. According...

In 2019, Americans will spend $ 2.7 billion on candy for children on Halloween, according to the National Association of Confectioners (NCA). In 2015, the organization forecasted these expenses at the level of $ 2.6 billion, a year earlier they amounted to a little more than $ 2.5 billion. On this holiday, October 31, children traditionally go around their neighborhood and ask for candies....

Head of the European Central Bank, Mario Draghi, held the last meeting of the governing board of the regulator. Eight years of his leadership of the ECB were almost entirely devoted to protecting the European banking system and the euro from the consequences of the European debt crisis. The task was successfully solved at the cost of economic growth. Now, Christine Lagarde will have to deal with...

Institutional investors (mutual and pension funds, insurance companies) own shares, which account for 41% of global market capitalization, follows from a new OECD report. In the USA, such structures account for 60% of all investments; they also dominate the markets of Great Britain and Canada. The authors of the study note that funds mainly practice passive index-based investing without analyzing...

Contribution of the US-China trade war to the fall in Brent oil prices was 70%, Bloomberg calculated. Responsibility for everything else lies with the balance of supply and demand. Since April, the cost of Brent oil has been reduced by 20%, Bloomberg states. According to the agency’s estimates, the trade war between the US and China is 70% to blame. The remaining 30% is the contribution of large...

Fears of a new recession were quite noticeable in the official agenda of the negotiations of Heads of financial departments of the G20 countries. This was the subject of the two-day meeting held in Washington at the session of the International Monetary Fund and the World Bank. In a communiqué following the meeting, participants said that they would take all measures to support growth, financial...