News

Note: This section contains information in English only.
Wed, 17 Nov 2021 12:30:09 GMT

Coal use grows in China

Chinese government research revealed on Wednesday that Chinese industry could hit peak coal consumption by 2024.

Wed, 17 Nov 2021 10:01:18 GMT

USD surges due to US data

On Wednesday, the US Dollar index surged, as better than forecast retail sales data strengthened its value.

Wed, 17 Nov 2021 07:28:38 GMT

BTC trades below 60,000.00

During Wednesday's trading hours, the price for Bitcoin continued to fluctuate below the 60,000.00 mark.

Tue, 16 Nov 2021 14:30:08 GMT

US states update Google lawsuit

This week a group of US states filed an updated complaint about Google. The states accuse google of breaking antitrust laws.

Tue, 16 Nov 2021 12:30:10 GMT

OPEC comments on oil

The Secretary General of OPEC Mohammad Barkindo stated on Monday that the recent COP26 summit had set gas and oil as having no future.

Tue, 16 Nov 2021 10:30:09 GMT

Japanese economy shrinks

Data released on Monday revealed that the Japanese GDP had decreased by 3.0% instead of the forecast shrinking of 0.8%.

Tue, 16 Nov 2021 08:30:11 GMT

ECB comments on growth

This week, the President of the European Central Bank Christine Lagarde stated that current supply chain issues and energy costs would continue to slow down European economic growth.

Tue, 16 Nov 2021 06:30:11 GMT

German government comments on inflation

On Monday, the Ministry of Economy of Germany announced that recent high inflation had been caused by the last year's value-added tax cut.

Mon, 15 Nov 2021 15:05:20 GMT

Tesla declines below $1,000.00

At the start of Monday's US trading hours, the stock price of Tesla returned to trading below the $1,000.00 per share mark.

Mon, 15 Nov 2021 14:30:10 GMT

Reuters poll reveals rate hike

On Friday, a Reuters poll results revealed that surveyed economists expect the Bank of England to be the first to hike interest rates already in December.

Mon, 15 Nov 2021 12:30:14 GMT

German government comment on Lufthansa

The German government recently released a statement, in which it revealed that Lufthansa had been repaying bailout aid earlier than scheduled.

Mon, 15 Nov 2021 10:30:07 GMT

AstraZeneca makes profit from vaccine

On Friday, AstraZeneca revealed that the company would make an only modest profit from the coronavirus vaccine. The event caused a stock sell off.

Mon, 15 Nov 2021 08:30:08 GMT

UK and China extend currency swap

The central banks of the United Kingdom and China have announced that they would extend their $55 billion worth currency swap line.

Mon, 15 Nov 2021 06:30:11 GMT

Johnson & Johnson splits into two

On Friday, Johnson & Johnson announced that the company intends to split into two entities, separating pharmaceuticals from consumer health.

Fri, 12 Nov 2021 15:14:08 GMT

Freeport McMoRan stock extends surge

During Thursday's trading hours, the stock price of FCX gained 9.02% or $3.41. At the start of Friday's US trading, the surge continued, as the stock gained additional 1.33%.

Fri, 12 Nov 2021 12:30:11 GMT

Subway is sued over tuna content

On Thursday, Subway was revealed to have been sued over its advertised "100% tuna," as testing had revealed that the products contain animal proteins.

Fri, 12 Nov 2021 10:30:10 GMT

Deutsche Bank comments on Turkish rates

This week, the Deutsche Bank stated that it expects the Central Bank of Turkey to cut interest rates to 14.00% by the end of this year.

Fri, 12 Nov 2021 08:30:11 GMT

UK retailers prepare for Christmas

British retailer B&M revealed this week that the company had prepared inventory for the upcoming Christmas season.

Fri, 12 Nov 2021 06:30:09 GMT

OPEC comments on oil demand

On Thursday, OPEC announced that the oil producer countries would decrease their global oil demand forecast, as recent energy prices had decreased demand.

Thu, 11 Nov 2021 16:02:28 GMT

Plug Power stock jumps almost 10.00%

During the first half of Thursday's US trading hours, the stock price for Plug Power surged by 9.41%, as the stock price passed previous high levels.

Thu, 11 Nov 2021 14:40:56 GMT

Daimler Truck plans listing

This week, Daimler Truck announced that the company would spin off from Daimler on December 10.

Thu, 11 Nov 2021 14:30:09 GMT

Uber is sued by US government

On Wednesday, the US Justice Department sued Uber Technologies over overcharging disabled clients and breaking federal law.

Thu, 11 Nov 2021 14:20:40 GMT

US Dollar reaches new high level

After passing the previous 2021 high and the 2020 September high levels, the US Dollar index continued to extend it gains during Thursday's trading hours.

Thu, 11 Nov 2021 12:30:09 GMT

SEC considers new rules for funds

The US Securities and Exchanges Commission revealed on Wednesday that the agency would consider new rules for private fund charges set on investors and performance measurements.

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