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Cyril Amarchand Mangaldas. "The time has come for law firms to seriously look at succession planning for all critical roles and develop internal candidates who can step up when the time comes." Then, this July, JSA hired Nisha Kaur Uberoi, who headed the competition practice at Trilegal. Uberoi, who looks at complex areas such as merger control, cartels, abuse of dominance, and the digital economy, brought two partners and 25 attorneys with her.

yen hovered near a 2-1/2-month high on Wednesday ahead of a key Bank of Japan (BOJ) policy decision where the central bank is set to detail plans to taper its huge bond buying and a rate hike is on the cards. Wednesday looked set to be a busy day for markets, with China's official purchasing managers' index (PMI) data and Australian consumer price figures also due during the Asian session.

Trump presidency would look like? The former president who was known for some ‘rash’ decisions, according to political observers is firming up plans for his second term presidency. Trump’s ideas have been mentioned in something called the Agenda-47.

American consumers felt more confident in July as expectations over the near-term future rebounded

U.S. job openings fell slightly last month, a sign that the American labor market continues to cool in the face of high interest rates

Ethiopia’s currency has lost 30% of its value the day after the central bank began implementing a flexible exchange rate policy backed by the International Monetary Fund as part of new measures to stabilize the eastern African nation’s economy

The PoC was part of Project Desft (Digital Economy Semi-Fungible Token), an exploration from the BoG and Monetary Authority of Singapore into how technology can boost the participation of micro, small, and medium enterprises from developing countries in international trade. Maxwell Opoku-Afari, first deputy governor, Bank of Ghana, says: "Project Desft is aimed at supporting SMEs in Africa to engage in international trade by removing significant obstacles they face, such as establishing trust with overseas trade partners and obtaining support in cross-border payments and supply chain finance." The project has been focusing on cross-border trade between the two nations using the UN-developed, blockchain-based Universal Trusted Credential, the Singaporean Dollar stablecoin, the Ghanaian CBDC (eCedi) and purpose-bound money. Giesecke+Devrient delivered its Filia platform for the CBDC part, while local commercial lender Fidelity Bank offered banking and exchange services for the eCedi. G+D says the PoC demonstrated a direct transfer between the transacting parties, eliminating the need for the long chain of intermediaries and corresponding high costs in cross-border payments.

Despite an outlier report released by the International Monetary Fund earlier this month that suggested Canada will be a leader in economic growth next year — which had many Liberal MPs crowing that their “economic plans are working” — the overwhelming view of most suggests otherwise, especially when it comes to productivity.

US economy is staring at an imminent recession, former Federal Reserve economist Claudia Sahm has rejected it, reports the 'Fortune'. She has said that though the Sahm rule is close to triggering, a recession is not imminent. Named after Claudia Sahm, the Sahm rule says that a recession appears on the horizon after the unemployment rate’s current three-month moving average exceeds the lowest three-month moving average of the trailing 12 months by half a percentage point or more. According to the Federal Reserve, this reading is 0.43% points at present.

Allan Lichtman who is an election forecaster and a professor said that the “key to the White House” is with Vice-President Kamala Harris who is also the Democratic party’s presidential nominee. This is the prediction which has been made in the present and it could change soon.

Kamala Harris has emerged as the favorite candidate to receive the presidential nomination from the Democratic party. She has garnered the support from her party members. As far as her competition is concerned, Donald Trump is a formidable opponent. According to this Democratic Strategist, Harris may be losing supporters to Trump from the rust belt which fall within some of the swing states.

Fox News senior strategic analyst Gen. Jack Keane discusses the U.S. interception of a Russian and Chinese aircraft, a report that Ukraine is urging China to help end the war, and France's rail networks hit by arson attacks.

HONG KONG : Chinese leaders said they would take more aggressive steps to boost consumer spending and head off a worsening set of economic challenges, signaling rising concern about flagging momentum in the world’s second-largest economy. The Communist Party’s top policymaking body, the 24-member Politburo, pledged more measures to boost household income and reduce funding costs for companies, though the report from the state-run Xinhua News Agency offered few specifics on what it is planning.

Until the Fed decides to start cutting interest rates, potential homebuyers may stay on the sidelines. But will that cut be soon?

The global equity team launch is expected to strengthen Allianz GI's prowess in the booming artificial intelligence and technology sector, which already comprises ecosystems in both Europe and Asia.  Gleeson, who will start his new role at the end of August, joins the firm from AXA Investment Managers, where worked for over 17 years, most recently as a lead portfolio manager of its Global Technology fund. AllianzGI appoints BlackRock's Krautzberger as global fixed income CIO In addition, he has been the lead portfolio manager for AXA's Digital Economy fund since its launch in 2017,...

World shares are mixed ahead of key central bank meetings around the world

Read this | Developed economies lead the global race to ease monetary policy, for now The uncertainty isn't limited to Asia; multiple factors are making it difficult for US equity investors to find short-term relief. “Second quarter earnings season continued to deliver mixed results, highlighted by disappointing numbers for two of the Magnificent Seven stocks, Tesla and Alphabet (the parent of Google)," said SairaMalik, chief investment officer, Nuveen. Their underwhelming performance has prompted a negative reaction on Wall Street, suggesting that the benefits from artificial intelligence (AI) may already be factored into technology stocks.

Oil steadied on Tuesday near its lowest levels since early June as worries about demand in China were balanced by a government pledge of policy measures for the economy and the prospect of lower U.S. crude and product inventories. A raft of disappointing economic news from China, the world's largest crude importer, has been weighing on commodity prices. China's manufacturing activity likely shrank for a third month in July, a Reuters poll showed on Monday.

Europe’s economy enjoyed only modest growth in the April-June quarter even as the U.S. outperformed expectations, highlighting a persistent transatlantic growth gap with Germany, the leading European economy, remaining in the dumps and as hesitant cons...

Meloni hopes to implement past agreements and try new forms of cooperation.

China’s powerful Politburo has endorsed the ruling Communist Party's strategy for growing the economy by encouraging more consumer spending and weeding out unproductive companies to promote “survival of the fittest.”