News

Note: This section contains information in English only.
Fri, 21 Aug 2020 06:41:13 GMT

US funds experience outflows

On Thursday, Lipper revealed that US equity funds had experienced a $9.3 billion weekly fund outflow.

Fri, 21 Aug 2020 05:41:27 GMT

Japanese consumer prices are flat

Data released on Friday revealed that throughout July Japan's core consumer prices had remained unchanged.

Fri, 21 Aug 2020 03:52:37 GMT

Powell schedules public speech

The Chairman of the US Federal Reserve Jerome Powell on Thursday scheduled a speech on policy for the next Thursday, August 27.

Fri, 21 Aug 2020 03:32:08 GMT

Uber and Lyft win case in California

On Thursday, a Californian court of appeals announced that Uber and Lyft do not have to register their drivers as employees.

Thu, 20 Aug 2020 20:41:14 GMT

Stocks retrace back up

During Thursday's US trading hours, in the aftermath of the Wednesday's decline, US stock indices retraced back up.

Thu, 20 Aug 2020 19:54:43 GMT

SQM reveals record sales

SQM sold more than 12.6K tonnes of lithium in the Q2, up 45% from the Q1, even as lower prices ravaged profits, the producer of the metal used in EV batteries stated.

Thu, 20 Aug 2020 18:54:56 GMT

SGX partners with FTSE Russell

Singapore Exchange expanded its partnership with FTSE Russell, aiming to jointly develop multi-asset index derivatives products.

Thu, 20 Aug 2020 17:45:27 GMT

J&J to buy Momenta for $6.5B

Johnson & Johnson agreed to acquire Momenta Pharmaceuticals for nearly $6.5B, aiming to strengthen its portfolio of medications for autoimmune diseases.

Thu, 20 Aug 2020 16:45:52 GMT

Antofagasta earnings fall 22%

Chile's Antofagasta restarted growth projects and maintained its dividend, even after earnings fell 22% in H1 on weaker copper prices, it announced on Thursday.

Thu, 20 Aug 2020 15:45:49 GMT

Waterdrop raises $230M

China's online insurance platform Waterdrop raised $230M in a funding round led by Swiss Re and Chinese internet giant Tencent Holdings.

Thu, 20 Aug 2020 14:43:47 GMT

Airbnb files for initial public offering

Airbnb announced that it filed for an initial public offering with the US regulators, as the market of short-term rental rebounded.

Thu, 20 Aug 2020 13:44:54 GMT

Chinese loans to small business grow

The People's Bank of China revealed on Thursday that its loans to small businesses had increased by 27.5% on a year to year basis.

Thu, 20 Aug 2020 12:41:06 GMT

China and US agree to hold talks

On Thursday, the Chinese Commerce Ministry announced that the United States and China have agreed to continue their previously paused trade talks.

Thu, 20 Aug 2020 12:15:04 GMT

Global stock indices drop

As the Federal Reserve strengthened the US Dollar on late Wednesday, a global stock sell off started during Thursday's trading hours.

Thu, 20 Aug 2020 11:27:33 GMT

Fed cuts dollar swaps

On Thursday, the Federal Reserve announced that it would cut its one-week US Dollar swap operation with other major central banks.

Thu, 20 Aug 2020 09:41:10 GMT

European share prices decline

During Thursday's European trading hours, European stock indices declined, as the Federal Reserve Meeting Minutes strengthened the US Dollar and caused a European sell off.

Thu, 20 Aug 2020 09:08:18 GMT

Nio begins battery leasing service

China's electric vehicle producer Nio has started a battery renting service, which would allow drivers to purchase an electric vehicle without owning the battery.

Thu, 20 Aug 2020 08:09:49 GMT

US Dollar retreats from 2-year low

The US Dollar rebounded on Wednesday, the dollar index, which measures the greenback's against a basket of currencies rose by 1% above the two-year low at 92.12.

Thu, 20 Aug 2020 04:42:04 GMT

Subaru to use Xilinx's chips

Xilinx Inc and Subaru Corp stated that the Japanese automaker is set to use one of the Silicon Valley firm's chips to power a driver-assistance system.

Thu, 20 Aug 2020 04:28:42 GMT

Nvidia sales to beat estimates

Nvidia announced expectations for Q3 sales above forecasts, though results from the data centre business of the semiconductor industry disappointed some investors, pressuring shares.

Thu, 20 Aug 2020 03:23:02 GMT

Maersk: container demand to recover

Maersk issued earnings guidance exceeding its expectations at the beginning of 2021 and said it anticipates container demand to return to pre-COVID levels in the H1.

Wed, 19 Aug 2020 20:43:48 GMT

EU to impose sanctions on Belarus

The EU did not recognize Belarus elections' results and is set to shortly impose sanctions over those who participated in the repression of protests and electoral fraud.

Wed, 19 Aug 2020 19:42:28 GMT

Southwest forecasts lower cash burn

On Wednesday, Southwest Airlines announced that the company expects a smaller third quarter cash burn, as flight booking had been improving.

Wed, 19 Aug 2020 19:33:08 GMT

OPEC+ holds meeting

Reuters revealed on Wednesday that OPEC+ and its allies gathered on Wednesday to review how the countries had complied with agreed oil production cuts.

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