Boeing has identified a quality issue with one of its suppliers, which is set to cause delay in deliveries of 737 MAX aircraft.
The Chinese state-run Economic Daily has published an opinion that houses should be for living not speculation, as the country has been known for a real estate speculative bubble.
The Brazilian corn exporters are set to overtake the United States as the top global corn exporter, as the country's firms have made breakthroughs in logistics in the north of the country.
The share price of NVidia has jumped 8.50% at the market open. The surge was caused by the company smashing its earnings expectations and announcing a $25 billion share buyback.
The New York Stock Exchange has suspended WeWork shares from trading due to abnormally low trading prices. Moreover, the exchange is starting the process of delisting.
Reuters has reported that the Chinese state planners have given the approval to Xiaomi Corporation to start the production of electric vehicles.
Since the IPO of the Vietnamese electric vehicle maker VinFast the share price of the company has doubled, as the stock has been up by 127.00%.
Recently released S&P Global Purchasing Managers Indices for Germany have reached low levels not seen since May 2022.
The ex-Head of Foreign Exchange division at the Bank of Japan Atsushi Takeuchi has stated to Reuters that the BoJ has no specific threshold for market intervention, but the 150.00 mark is important due to political reasons.
The chip designer Arm Holdings Limited has started to prepare for a initial public stock offering. The debut to the stock market of the company is expected to be the biggest in 2023.
The release of the United Kingdom's Manufacturing and Services sector Purchasing Managers Indices has caused a major decline of the Pound's value. The survey results were expected to be low. However, the actual results were far below the already pessimistic expectations.
S&P Global has released the Manufacturing and Services Purchasing Managers Index survey results for the top Eurozone countries. In general, the data has shown a larger than expected activity slowdown in the two sectors. The news caused a decline of the Euro.
The Wall Street Journal has reported that Subway has been nearing a $9.6 billion sale to Rock Capital, which is the owner of Arby's and Buffalo Wild Wings.
The US rating agency S&P Global has announced this week that it is reducing the credit ratings of multiple United States banks. Previously, US banks were downgraded by Moody's.
The government of Australia has revealed that due to slow population growth and aging population the workforce is set to shrink and cause an economic decline.
The major bank JPMorgan has stated that the threshold for an invention of the Bank of Japan in the Forex market was the USD/JPY 150.00 level. Namely, the BoJ is expected to strengthen the Yen and cause a drop of the currency rate.
The Black Knight Home Prices Index has revealed that home prices in the United States have reached a new all-time high level.
United Kingdom's authorities have allowed the Broadcom's acquisition of VMware for a total of $69 billion.
This week, equity markets were waiting for the publication of NVidia quarterly results. The company has previously announced expectations of stunning profits due to global demand for AI.
The Peoples Bank of China has announced a new policy interest rate cut. However, the cut was only 0.10%, which surprised the markets that were expecting 0.15% cut.
The Big Short Michael Burry has been revealed to be holding S&P 500 and Nasdaq 100 put options.
The rating agency Fitch has announced that it could reduce the ratings of multiple US banks, including JPMorgan.
This week, it was revealed that inflation in Canada has reached 3.3% mark on a month on month basis. Inflation has continued to remain stubbornly high despite the Reserve Bank of Canada attempting to reduce it.
As the Chinese youth jobless rate hit a new record high, the Chinese authorities have decided to stop publishing the data set.