Cash Archives - Pinfaves

Chinese investment in Europe: A story of cash and concerns

March 23, 2019 Loknath Dasa, and, Cash, Chinese, concerns, Europe, In, investment, of, Story

PARIS: Chinese firms have plowed at least 145 billion euros ($164 billion) into Europesince 2010, but investment has been slowing recently as several European governments tighten rules on acquisitions by foreign firms. As President Xi Jinping makes a crucial visit to Italy promoting China’s new Silk Road project, the EU remains divided over the best approach towards Beijing. Chinese direct investment into the European Union in 2010 totaled just 2.1 billion euros. That climbed rapidly to 20.7 billion in 2015 and then jumped to 37.2 billion in 2016, according to a study by Rhodium Group, as Chinese…

Cash is still king for Indian youth, especially for business

April 7, 2017 Loknath Dasbusiness, Cash, Especially, for, Indian, Is, king, Still, Youth

n India, 32% of youth are willing to deal in cash to help businesses survive, says the EY’s Europe, Middle East, India and Africa (EMEIA) Fraud Survey. Demonetisation, which aimed at hitting out at the cash element in the economy to curb corruption and black money, has had a mixed impact, according to the EY Fraud Survey 2017. While a majority of the respondents in EY’s Europe, Middle East, India and Africa (EMEIA) Fraud Survey support the stance taken by regulators and the government to curb corruption and bribery, the…

Oil Jumps As Yuan Hits 2016 High; Investors Put Fresh Cash Into Oil

March 11, 2016 Srijita2016:, As, Cash, Fresh, High;, Hits, Into, Investors, Jumps, Oil, Put, Yuan

Singapore: Oil prices jumped on Friday supported by fresh investment and a weaker dollar, which makes fuel cheaper for importers using other currencies, but analysts warned that a stronger price rally was premature as a global glut remained in place. U.S. crude futures were trading at $38.64 a barrel at 0749 GMT, up 80 cents and over 2 percent from their last close. Traders said reports that commodity merchant Gunvor was the latest company to export U.S. sweet crude also supported WTI prices. Brent crude futures were at $40.70 a…