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China rolls out stimulus package to give a boost to the economy
China’s benchmark CSI 300 Index rose by 4.3% on the news
It’s still all about interest rates everywhere on Planet Finance
Fed officials left the door open for more big rate cuts this year
US banks reaped USD 1 tn in windalls from high interest rate environment
Banks are expected to pass some of the recent half-percentage-point rate cuts onto depositors
Investors weigh up the rationale behind the Fed’s rate cut
The rate cut is feared to have been a late move by the Fed to maintain growth momentum
Fed kicks off easing cycle with a bang
The Fed’s updated projections include a further 50 bps rate cut by year end
Wall Street's biggest banks are lagging in their response to climate risks
80% of banks are gathering climate data, but fewer than half are adapting their financing for climate-vulnerable businesses
Islamic bond market may see shift from asset-based to equity-like sukuk
Sukuk differ from bonds as they rely on an underlying asset to generate returns
The big question of the week: How far will the Fed go?
The Fed faces pressure to protect growth while rising inequality complicates the path forward
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