News

Note: This section contains information in English only.
Thu, 07 Apr 2022 06:30:06 GMT

Toyota cuts 2022 forecast

On Wednesday, Toyota announced that the company would decrease its 2022 new car sales forecast for the United States due to issues with supply chains.

Wed, 06 Apr 2022 18:00:06 GMT

US Federal Reserve releases Meeting Minutes

At 18:00 GMT on Wednesday, the US Federal Reserve released its Meeting Minutes, which revealed additional details on the world's top central bank's policy.

Wed, 06 Apr 2022 14:30:06 GMT

West Africa faces starvation

West African aid agencies revealed this week that due to the ongoing surge in food prices the region is set to face starvation.

Wed, 06 Apr 2022 12:30:07 GMT

Global bond sales aim at record

S&P Global Ratings has announced that the rating agency expects global state borrowing to reach $10.4 trillion in 2022.

Wed, 06 Apr 2022 06:30:09 GMT

Ryanair expects fare recovery

Ryanair revealed this week that the company expects this summer fares to be higher by up to 10.00%, compared to 2019.

Tue, 05 Apr 2022 14:30:06 GMT

China buys US corn

The US government announced this week that China had bought a record 1.084 million tonnes of US corn.

Tue, 05 Apr 2022 13:47:13 GMT

Natural Gas surges above $6.00

During Tuesday's trading, the price for Natural gas extended its 2022 surge, as the price reached above the $6.00 mark.

Tue, 05 Apr 2022 12:30:06 GMT

Japan's PM associate comments on BoJ

An associate of the Prime Minister of Japan stated this week to Reuters that the Bank of Japan should start monetary tightening, as the rest of the world.

Tue, 05 Apr 2022 10:55:25 GMT

Kuroda comments on Yen

This week, the Governor of the Bank of Japan Haruhiko Kuroda stated that the recent decline of the Yen had been too rapid and that currency rates should be more stable.

Tue, 05 Apr 2022 10:50:54 GMT

EU proposes new sanction on Russia

On Tuesday, Reuters reported that the European Union would propose new bans of imports and exports from and to Russia valued in tens of billions.

Tue, 05 Apr 2022 10:30:06 GMT

Exxon Mobil comments on profits

On Monday, Exxon Mobil hinted that the company's quarterly profits might hit a seven year record, as operating profits could increase by up to $2.7 billion.

Tue, 05 Apr 2022 08:30:06 GMT

Volvo reports sales decline

This week, Volvo Cars announced that due to global chip shortage the company's sales had declined by 22%.

Tue, 05 Apr 2022 07:03:51 GMT

RBA releases statement

On April 5, the Reserve Bank of Australia published its Rate Statement. The central bank kept the Australian base interest rate at 0.10%. Meanwhile, the central bank revealed that due to the ongoing surge in commodity prices, the Australian economy is doing very good.

Tue, 05 Apr 2022 06:30:07 GMT

German trade recovers

Data released on Monday revealed that German international trade recovered in February. However, a drop due to the war in Ukraine would be expected in March.

Mon, 04 Apr 2022 14:30:05 GMT

US firms in China cut forecasts

A Reuters survey revealed on Friday that due to the COVID lockdown in Shanghai US firms that operate in China have been cutting their revenue forecasts.

Mon, 04 Apr 2022 14:20:10 GMT

Elon Musk buys 9.2% of Twitter

On Monday, it was revealed that Elon Musk had acquired a 9.2% passive stake in Twitter. Due to the announcement, the stock price of Twitter jumped more than 25.00%.

Mon, 04 Apr 2022 12:30:12 GMT

EU warns bank about fake news

The European Banking Authority has announced that European banks should prepare for fake news aimed at creating bank runs.

Mon, 04 Apr 2022 10:30:05 GMT

Bank of America issues warning

On Friday, the Bank of America strategists warned that, despite the recent stock rally, recession risks remain high.

Mon, 04 Apr 2022 08:30:07 GMT

Euro Zone factory growth declines

The S&P Global Purchasing Managers Index survey results for the Euro Zone have revealed that manufacturing growth in the Euro Zone had sharply declined during March.

Mon, 04 Apr 2022 06:30:08 GMT

Russian Rouble recovers

Report released by Reuters on Friday revealed that the recent recovery of the value of the Russian Rouble had been caused by central bank intervention and the demand for gas exports to be paid for in Roubles.

Fri, 01 Apr 2022 14:30:05 GMT

Banks expect losses

Reuters revealed this week that large banks expect a decline in profits due to a decline of mergers and acquisitions and equity and debt issuance.

Fri, 01 Apr 2022 12:30:07 GMT

Metals books record quarter

With the end of the first quarter of the year, precious metals booked record gains. Gold booked best quarter since September 2020, silver saw best gains since June 2021 and platinum experienced best quarter since March 2021.

Fri, 01 Apr 2022 10:30:06 GMT

EU lawmakers back crypto regulation

On Thursday, European Union legislators backed the creation of new safeguards for bitcoin transfers.

Fri, 01 Apr 2022 06:30:08 GMT

ECB comments on growth

The Vice President of the European Central Bank Luis de Guindos stated this week that the growth of the Euro Zone in first half of 2022 would barely show positive growth.

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