AUTHOR FinMag
Generation Z is unprecedentedly rich
Generation Z is taking over. In the rich world there are at least 250m people born between 1997 and 2012. About half are now in a job. In the average American workplace, […]
China’s better economic growth hides reasons to worry
When China’s leaders set an economic-growth target of “around” 5% for this year, the goal was universally described as ambitious. Now the country looks increasingly likely to meet it. Several foreign banks, […]
Germany’s finmid exits stealth mode with €35M funding from N26 founder, Blossom Capital, others
Berlin-based finmid, a startup that helps B2B platforms provide customised financing support to their small and medium-sized customers, has exited stealth mode and raised €35M in early-stage equity funding. Concurrently, finmid has […]
Amsterdam’s fintech unicorn bunq raises €29M to fuel its “2024 growth ambitions”
Amsterdam-based bunq, the second-largest neobank in Europe, has secured a fresh capital injection of €29M from the company’s existing shareholders. Bunq’s annual report reveals that in March 2024, its shareholders signed a […]
Revolut to introduce Dutch IBAN to simplify business banking in the Netherlands: All you need to know
London-based fintech unicorn Revolut announced on Thursday that they will be introducing the Dutch International Bank Account Number (IBAN) to simplify business banking for its customers in the Netherlands Around six months […]
What will humans do if technology solves everything?
In “Permutation City”, a novel by Greg Egan, the character Peer, having achieved immortality within a virtual reality over which he has total control, finds himself terribly bored. So he engineers himself […]
China’s state is eating the private property market
At an upmarket housing development in Wuhan, sales agents want to make clear that their state-owned firm has severed all its ties to the private sector. The firm had at first partnered […]
Ukrainian drone strikes are hurting Russia’s oil industry
Selling more oil at higher prices ought to be the stuff of dreams for a petrostate. But for Russia it is a sign of a new, punishing phase in its war with […]
How fast is India’s economy really growing?
Optimism about India tends to spike now and again. In 1996, a few years after the country opened to foreign capital, the price of property in Mumbai, India’s financial hub, soared to […]
What China’s central bank and Costco shoppers have in common
Gold has always held an allure. The earliest civilisations used it for jewellery; the first forms of money were forged from it. For centuries kings clamoured to get their hands on the […]
Germany expert commission releases report recommending legalization of early-stage abortion and amended laws for later-term pregnancies – JURIST
The Commission on Reproductive Self-Determination and Reproductive Medicine in Germany on Monday submitted a final report recommending the legalization of abortion within the first 12 weeks of pregnancy in the country.The German […]
Australia judge rules in defamation trial that former government adviser raped a colleague in parliament – JURIST
Australia Federal Court Justice Michael Lee found that former government adviser Bruce Lehrmann raped a colleague in a Parliament House office on Monday. The judge dismissed a defamation lawsuit Lehrmann brought against […]
Poland classifies attack on humanitarian aid workers as murder, demands Israeli cooperation in investigation – JURIST
The Polish government on Friday labeled the death of Polish aid worker Damian Soból as murder, following the deaths of seven humanitarian aid workers from the World Central Kitchen (WCK) serving in […]
Amnesty International urges immediate investigation into war crimes in Merawi, Ethiopia – JURIST
Amnesty International asserted Friday that African and global human rights bodies must urgently investigate alleged war crimes committed by the Ethiopian National Defense Forces (ENDF) in the town of Merawi, Amhara region, […]
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