Düsseldorf The pull is irresistible – people are drawn to cities all over the world. There they hope for better jobs, education and infrastructure. The development is driven by the emerging countries of Asia and South America. In less than 30 years, more than two thirds of the world’s population will be living in large … Read more
Luxury property on the water Wealthy investors are gradually restructuring their portfolios. (Photo: Unsplash) Zurich, Frankfurt Not only the leading central bankers are keeping an eye on the significantly stronger inflation and its causes. Wealthy investors are also currently discussing intensively with their asset managers how inflation is likely to continue to weigh on their … Read more
Frankfurt The British neobank Revolut is growing rapidly. She puts the number of her customers at 18 million, around 70 percent of them in the EU and half a million in Germany. The central offer of the finance start-up (Fintech) Revolut is a finance app. But only now is the company known as “Neobank” or … Read more
Expensive money storage: Bank vaults are becoming more and more popular, but there are also other ways out of negative interest. Image: Julia Zimmermann Savers can escape the negative interest rate more easily than they think. This can also be a welcome occasion to rethink your private investment strategy. SAs soon as the bank announces … Read more
ECB Executive Board member Isabel Schnabel The ECB recently raised its inflation forecast for the new year to 3.2 percent. (Photo: Archyde.com) Frankfurt According to Director Isabel Schnabel, rising energy prices could force the European Central Bank to take action against inflation. The turn to green energy sources carries the risk of higher inflation in … Read more
Frankfurt Stock Exchange The start of the new year was mixed. (Photo: dpa) Frankfurt Rising numbers of corona infections and the realization that high inflation could force central banks to act faster once again kept investors in suspense in the first week of the stock market of the year. At the same time, finance professionals … Read more
Groceries in particular became more expensive last year. Photo: dpa / Annette Riedl The Christmas dinner this time was probably particularly expensive in many rooms. And not necessarily because they did a lot, but because food prices rose sharply in December – by six percent, as the Federal Statistical Office announced on Thursday. Inflation thus … Read more
Frankfurt, New York The US stock exchanges were weaker on the last trading day of the year. The Dow Jones lost 0.2 percent to 36,338 points on Friday. The technology-heavy Nasdaq fell 0.6 percent to 15,645 points and the broad S&P 500 lost 0.3 percent to 4,766 points. In December, however, the Dow rose 5.4 … Read more