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Monthly Archives: July 2023

Siemens Energy wind turbine problems could be an industry-wide issue

A Siemens Gamesa blade factory on the banks of the River Humber in Hull, England on October 11, 2021. PAUL ELLIS | AFP | Getty Images Costly failures at wind turbine manufacturer Siemens Gamesa last month sent shares of parent company Siemens Energy tumbling, and analysts are concerned about wider …

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Japan launches Prime 150 stocks benchmark to help investors identify value

Japan launched a new stock index on Monday, making it easier for investors to identify corporate value in the equity markets, in a move to strengthen corporate governance reforms in the world’s third-largest economy. The new JPX Prime 150 Index is a curated list of the 150 constituent listings on …

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India’s HDFC Bank completes $40 billion merger with mortgage lender HDFC

A HDFC Bank branch in Mumbai, India, on Friday, April 14, 2023. Bloomberg | Bloomberg | Getty Images India’s largest private lender HDFC Bank has completed its merger with Housing Development Finance Corporation, the country’s biggest mortgage lender, in a deal that pits the new entity against the world’s largest …

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Singapore names Lawrence Wong as chairman of MAS central bank

Lawrence Wong, Singapore’s finance minister and deputy prime minister in Sept, 2021. Bloomberg | Bloomberg | Getty Images The Monetary Authority of Singapore (MAS) named Deputy Prime Minister Lawrence Wong as chairman of its board of directors effective July 8. Wong, who is the country’s finance minister, will replace Tharman …

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China’s central bank PBOC gets a new party secretary

Pan Gongsheng was named party secretary of the People’s Bank of China on July 1, 2023. Vcg | Visual China Group | Getty Images BEIJING — The People’s Bank of China announced Saturday that Pan Gongsheng, head of the country’s foreign exchange regulator, would become the central bank’s party secretary. …

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Janet Yellen to meet with senior officials in China this week

U.S. Secretary of the Treasury Janet Yellen testifies before the Senate Appropriations Subcommittee on Financial Services March 22, 2023 in Washington, DC. Win McNamee | Getty Images Treasury Secretary Janet Yellen will travel to Beijing this week to meet with senior Chinese officials. The Treasury said Yellen is expected to …

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Signs of ‘toxic gratitude’ and how to overcome it, from a career coach

It may seem like a good approach to see the positive in every situation, but you should be cautious that you’re not spewing “toxic gratitude” to yourself and others. Simply put, toxic gratitude is when you’re implementing self-gaslighting, says Elizabeth Pearson, career coach and author of “Career Confinement: How to …

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The rise and fall of Skype

Skype is not what it was. You may or may not have noticed. The voice, video and messaging app became a hit in the 2000s by letting people talk with friends and family members without paying long-distance fees. In 2005 eBay bought it. That deal didn’t work out as planned, …

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Barbara Corcoran on the first time she felt successful

For Barbara Corcoran, real estate expert and star of ABC’s “Shark Tank,” success is no longer about money.  But the very first time Corcoran felt successful was the day she first made a profit.  “I made $77,000 running my brokerage firm. I had never made a profit. And I thought, …

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Why it’s nearly impossible to find a car for less than $30,000

Car shoppers like luxury Well before the Covid-19 pandemic, consumer tastes had started to steadily shift away from sedans toward more expensive SUVs and trucks. Then, car buyers piled on options, such as high-tech touch screens, ambient lighting, 360-degree cameras and heated and cooled seats. “There’s a war of features,” …

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