Our Scans · (ZY.4.02) Business Studies · Weekly Summary

• [New] With global economies showing signs of normalising and optimism over Fed interest rate cuts in 2024, analysts expect companies across key markets to spend more on technology that will drive higher growth forecasts by Indian software services firms. The Straits Times
• [New] Expanding on the transformative potential of commodity-backed tokens, particularly for developing nations rich in natural resources, it is essential to delve into the broader scope of asset tokenization and its implications for the future of global markets and economic development. businesslive
• [New] The trend towards asset-backed tokenization is not just a technological innovation but a financial strategy that could increase access to global markets for developing nations. businesslive
• India's current account deficit will widen moderately to 1.7% of GDP on rising imports for meeting domestic demand. Daily Pioneer
• Lower average selling prices, as Tesla will likely have to cut prices in key markets like China, in line with peers. Morningstar, Inc.
• Emerging markets in APEJ hold immense growth potential but are strongly facing the challenges to growth due to the availability of a myriad alternate ingredients over food grade phosphates. FMIBlog
• Working together with Ontario businesses and industrial partners, the federal government, municipalities, Indigenous communities, academic institutions and other key stakeholders, we are going to connect Ontario with global markets to develop an economically sustainable low-carbon hydrogen sector. Ontario.ca
• Inflation may be stickier, and interest rates higher, than markets expect, citing the costs of building a greener economy, restructuring global supply chains, boosting military expenditure and battling rising healthcare costs. The Guardian
• US lawmakers are intensifying efforts to prohibit funds from investing in Chinese companies, in an effort to address the strategic, commercial and national security risks Beijing poses to the US economy and financial markets. Financial Times
• Washington is wary that cheap Chinese exports could flood global markets, citing green energy sectors like solar and electric vehicles. The Daily Star
• Among stocks, Indus Towers is likely to see $189 million in passive inflows, while Sundaram Finance could attract inflows worth $174 million and Solar Industries India may see $164 million in inflows. Mint
• Indorama Ventures Pcl, the Thai chemicals business that's the biggest producer of PET worldwide, will spin off two of its most profitable units and restructure its business to navigate fundamental long-term changes in global chemical markets amid subdued Chinese demand. Mint
• The UK economy is facing heightened risks from vulnerabilities in global financial markets amid rising political tensions and higher interest rates. Kent Online
• Australian soil will be a net emitter and could account for 8.3% of Australia's total current emissions under the sustainable scenario and more than 14% by 2045 under the 'middle-of-the-road' and 'fossil-fueled' scenarios. phys.org
• New section 1179 FH sets out that if a video game does not meet the UK expenditure condition in relation to an accounting period then it will not be a qualifying video game. GOV.UK
• The UK expenditure condition shall be provisionally treated as being met if the development company's accounts for the period state the total amount of core expenditure that is expected to be incurred in relation to the video game, and the amount of expected UK expenditure. GOV.UK
• Uganda's suspension from AGOA presents an opportunity for AfCFTA member states to capitalise on lost trade opportunities, redirecting trade towards intra-African markets. The Bulrushes
• The World Bank assists Indonesia in bolstering its financial response to natural disasters through the Disaster Risk Finance and Insurance Project and Indonesia Infrastructure Financial Facility Project. World Bank
• SMRs SMRs are an exciting opportunity for Canada to be a world leader in nuclear innovation, clean energy and to capitalize on emerging world-wide markets for SMRs SMRs. Ontario.ca
• As a key supplier for Leapmotor, Hesai will play a significant role in providing advanced intelligent driving systems to global markets. MarketScreener
• The Trans Mountain Expansion (TMX) pipeline project, which could come on line this year, is designed to increase Canada's access to global crude oil markets from ports on the Pacific Coast. EIA - Energy Information Administration

Last updated: 19 April 2024