News

Wed, 27 Nov 2024 11:50:02 GMT

Coffee prices rise

Since the 1st of November, coffee prices have risen by more than 26.5%. The combination of a possible weak future supply and drought is driving the price of coffee higher.

Wed, 27 Nov 2024 11:40:04 GMT

HSBC expands market in buy now, pay later segment

HSBC is partnering with energy company Ovo to offer customers the ability to pay for solar panels in instalments.

Wed, 27 Nov 2024 10:25:03 GMT

Consumer confidence in France falls

Unexpectedly, the consumer confidence index in France has fallen in the month of November from an estimated number of 93 to 90.

Wed, 27 Nov 2024 10:20:03 GMT

Bank of Japan collect dividends

The Bank of Japan has stated that it has collected around $8.3 billion in dividends from its ETF holdings.

Wed, 27 Nov 2024 09:25:04 GMT

UK regulator fines Bank and trader

The FCA has set a £13 million fine on Macquarie Bank for control failures in trading. Trader Travis Klein has received a ban from the finance industry.

Wed, 27 Nov 2024 09:20:05 GMT

President-elect Donald Trump proposes new tariffs

President-elect Donald Trump proposes new tariffs on Mexico, Canada, and China to fight illegal immigration and the drug crisis in the U.S..

Wed, 27 Nov 2024 09:15:04 GMT

Money Market Funds reach over 6.5 trillion dollars in total assets

According to the St. Louis Federal Reserve, total assets in money market funds have reached over 6.5 trillion dollars.

Wed, 27 Nov 2024 09:10:04 GMT

Industrial profits fall in China

According to the National Bureau of Statistics, China's industrial profits dropped by 10% in October compared to the previous year.

Wed, 27 Nov 2024 09:05:04 GMT

Reserve Bank of India boosts liquidity

India's banking system faced a cash crunch on Monday, prompting the Reserve Bank of India to inject liquidity into the market to stabilize it.

Tue, 26 Nov 2024 11:10:02 GMT

Natural Gas prices rise

Natural gas prices have risen to a 56-week high, reaching $3.44 per MMBtu.

Tue, 26 Nov 2024 10:00:11 GMT

EUR/USD reaches 1.05000

The EUR/USD rate has reached the 1.05000 price level, a 57-week low. Dollar dominance has had a significant impact on the FX rate.

Tue, 26 Nov 2024 08:50:03 GMT

UK is looking for an EU negotiator

UK government is hiring someone who could oversee and lead policy multiple subjects related to UK's and EU relations, salary starts from £153,000.

Tue, 26 Nov 2024 08:45:03 GMT

Walt Disney agrees to pay $43 million

Walt Disney has agreed to settle over gender pay gap allegations where women employees have been receiving lower salaries that men.

Tue, 26 Nov 2024 08:40:05 GMT

Malaysia plans to harvest jet fuel

Plantation and Commodities minister of Malaysia has stated that they will start producing sustainable aviation fuel in 2027.

Tue, 26 Nov 2024 08:35:04 GMT

Trump's trade policy begins

President-elect Donald Trump proposed 25% tariffs on Canada, Mexico, and China, with the tariffs on Canada and Mexico potentially being lifted if they successfully fight against drugs.

Tue, 26 Nov 2024 08:30:03 GMT

Texas Stock Exchange will go live on 2026

According to CEO and founder Jim Lee, the Texas Stock Exchange will be fully operational by early 2026.

Mon, 25 Nov 2024 11:05:03 GMT

UniCredit makes a merger offer for its competitor

Italian lender UniCredit has made a €10.1bn surprise offer for its competitor Banco BPM.

Mon, 25 Nov 2024 10:15:03 GMT

China strikes Gold

According to state-owned news in China, gold has been found in a city in Hunan province, with an estimated value of around $83 billion.

Mon, 25 Nov 2024 10:05:08 GMT

CFTC recommends the use of tokenization

The Commodity Futures Trading Commission has recommended expanding the use of tokenization, mentioning digital bonds from EU as an efficient collateral example.

Mon, 25 Nov 2024 09:55:06 GMT

Wealth Managers do not trust AI

According to research from Avaloq, 55% of UK investors who participated would not use AI in any form for investment advice, while only 7% would fully rely on AI.

Mon, 25 Nov 2024 09:15:06 GMT

DHL's cargo plane crashes in Lithuania

A DHL Boeing 737 cargo plane has crashed into a house near Vilnius Airport. One person has died in the accident. DHL Group has yet to comment.

Mon, 25 Nov 2024 09:05:03 GMT

Big oil companies invest in developing countries

TotalEnergies, BP, Shell, and Equinor have committed $500 million of capital to fund high impact projects in Southeast Asia and in Sub-Saharan Africa.

Mon, 25 Nov 2024 08:25:03 GMT

Republican Senator proposes to hold strategic reserves in BTC

Senator Cynthia Lummis has proposed creating a strategic reserve of BTC for the U.S. If the plan is implemented, 1 million BTC will be held by the U.S. government.

Mon, 25 Nov 2024 08:00:03 GMT

Donald Trump has chosen new Treasury secretary

Scott Bessent has been chosen as U.S. Treasury Secretary to implement new tax reforms. Scott Bessent has worked with George Soros and Jim Chanos in the finance industry before.

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