Goldman Sachs reports surging Chinese demand for oil and copper
The investment bank has noted that China’s demand for copper has risen by 8% year-on-year, while interest in iron ore and oil increased by 7% and 6%, respectively, surpassing Goldman Sachs’ expectations for the entire year. “The strong demand growth is predominantly associated with a combination of strong growth in the green economy, completion of […]
British digital bank Monzo, valued at $4.5 Billion, introduces new investment feature
The feature, named “Investments,” will allow customers to invest in several funds managed by asset management giant BlackRock. The launch is scheduled, enabling users to invest with a minimum amount of £1. This move puts Monzo in competition with well-established banks like Chase, which offers online investment management through its subsidiary Nutmeg, asset management firms, […]