What next for supply chains and transformation? An inspiring evening in Tokyo
Together with the German Embassy, Frankfurt Main Finance invited to dinner in Tokyo. An evening that once again made it clear that Japan and Germany have much more in common than ‘just’ economic interests.
China’s Economic Outlook: A Global Perspective
China’s new stimulus plan signals steady progress towards its full-year economic goals, supported by a stock market boost and rising consumer spending. In an interview with CGTN, Hubertus Väth highlighted how this initiative is driving long-term economic transformation beyond short-term gains.
How generative AI is revolutionizing finance
According to Moody’s, one of the most exciting developments in AI is its democratization. Gone are the days when AI was solely the realm of software engineers. Today, analysts, creatives, and other professionals can leverage these powerful tools to streamline their workflows. Tools like ChatGPT have played a pivotal role in this shift, making AI accessible without the need for deep technical know-how.
KPMG Study: AI Revolutionizes Financial Reporting
The KPMG study ‘AI in financial reporting and audit: Navigating the new era’ reveals that nearly three-quarters of companies already use AI in financial reporting. Within three years, almost all companies plan to adopt AI. Concerns about accuracy and data privacy are significant, while auditors are expected to ensure safe technology use.
CFOs remain optimistic despite crises and risks: upturn in sight
The Deloitte CFO Survey for spring 2024 shows a cautious recovery in the German economy, with domestic market sectors benefiting while export-oriented sectors continue to suffer from uncertainties.
Germany’s Pivotal Role in Shaping Europe’s Financial Future
I recently had the privilege of hosting German Finance Minister Christian Lindner at Bloomberg’s European headquarters. During this visit, I reiterated Bloomberg’s long held belief in Germany’s role as a leading centre for finance. For our part, Bloomberg has operated in Germany for over three decades with offices in Frankfurt, Berlin, and Munich. We have seen first hand the legislative reforms the country has undertaken to make it easier for global businesses to operate and integrate…
Need for action to reinforce economic security and support net zero – a German-Japanese perspective
Despite the distance of around 9,000 kilometers between Berlin and Tokyo, Germany and Japan are close partners. Both countries are intensifying their bilateral relations and face similar transformation challenges due to their dependence on frictionless global trade and net zero commitments. The Frankfurt Main Finance study presents a three-step approach to managing global supply chain risks.
Top speakers at FinCity Tokyo’s flagship event- FinCity Global Forum
The Japanese economy is at a turning point: Prime Minister Fumio Kishida has announced that Japan is aiming to become a leader in wealth management. FinCity.Tokyo therefore aims to increase Tokyo’s attractiveness as a financial market and establish the city as a global financial centre. The Global Forum of the Financial Centre Initiative will take place on 31 January at the same time as the Tokyo Asset Management Forum in order to promote intensive discussions and the growth of the industry.
The Synergies between Japan and Germany
Japan and Germany can shoulder the ecological transformation more easily through increased cooperation, write the President of Frankfurt Main Finance, Gerhard Wiesheu, and the Japanese LDPD member of parliament Seiji Kihara.
Chengdu, China
Frankfurt Main Finance and the China Innovation Finance Institute have signed a comprehensive Memorandum of Understanding (MoU), laying the groundwork for enhanced cooperation in 2023.
