News

Thu, 30 Sep 2021 12:30:11 GMT

IPOs stop in Q3

On Thursday, Reuters revealed that global initial public offerings had declined in the third quarter of 2021, compared to major deals at the start of the year.

Thu, 30 Sep 2021 10:30:08 GMT

Japanese output declines

Data publishes on Thursday revealed that in August Japanese factory output had continued to decline.

Thu, 30 Sep 2021 10:24:54 GMT

Maersk stock drops on Thursday

During early Thursday's European trading hours, the stock price for Maersk dropped by 4.79%. The event could be attributed to a recent sale of a container manufacturing unit.

Thu, 30 Sep 2021 08:30:10 GMT

M&A deals break record

On Thursday, Reuters reported that due the ongoing economic recovery merger and acquisition deals had reached record high levels.

Thu, 30 Sep 2021 06:15:35 GMT

Cryptocurrencies recover

During early Thursday's trading hours, cryptocurrencies recovered in value, as, for example, ETH/USD reached September 20 levels.

Wed, 29 Sep 2021 14:30:09 GMT

Boeing successfully tests 737 MAX

Boeing announced on Wednesday that its Boeing 737 MAX test in China has been a success.

Wed, 29 Sep 2021 12:30:12 GMT

Samsung finalizes Texas plant

On Wednesday, Samsung Electronics revealed that it was close to finishing the creation of a $17 billion semiconductor plant in Texas.

Wed, 29 Sep 2021 10:30:09 GMT

Lucid overtakes Tesla

US firm Lucid Group announced on Wednesday that it would start delivering luxury cars that would have larger driving ranges than Tesla.

Wed, 29 Sep 2021 08:30:13 GMT

Switzerland approves crypto fund

On Wednesday, Swiss market regulators approved the licence for the country's first cryptocurrency investment fund.

Wed, 29 Sep 2021 06:25:29 GMT

Asian stock indices decline

During Wednesday's trading hours, Asian stock indices declined in value, as US Dollar nad yields held firm.

Tue, 28 Sep 2021 11:00:13 GMT

French consumer confidence improves

French consumer confidence is back to pre-pandemic levels rising to 102 from 99 in August.

Tue, 28 Sep 2021 09:30:10 GMT

China's power crisis threatens the Economy

China's industrial profits decline on power cuts, high commodity prices and COVID-19 outbreaks.

Tue, 28 Sep 2021 08:54:01 GMT

Brent oil price reaches $80

Brent oil tops $80 a barrel, its highest price since October 2018, amidst fears over tight supply. 

Mon, 27 Sep 2021 14:30:10 GMT

APPEC comments on oil demand

On Monday, oil producers and traders gathered at APPEC for a conference. Most expressed views revealed that the sector expects a resurgence in demand.

Mon, 27 Sep 2021 12:30:14 GMT

Crypto exchanges cut ties

Reuters reported on Monday that cryptocurrency exchanges were cutting ties with their Chinese users due to a government crackdown.

Mon, 27 Sep 2021 10:30:10 GMT

Oil prices surge

On Monday, crude oil price benchmarks continued to surge, as prices gained for fifth consecutive trading session.

Mon, 27 Sep 2021 08:25:06 GMT

Asian shares trade flat

During Monday's Asian trading hours, stock indices in Asia remained flat, as the markets waited for new information about the Evergrande fallout.

Fri, 24 Sep 2021 14:30:10 GMT

Wall Street expects Powell to stay

Reuters revealed on Friday that Wall Street mostly expects the current head of the Federal Reserve Jerome Powell to remain in his post for another four year period.

Fri, 24 Sep 2021 12:30:10 GMT

Lagarde comments on inflation

On Friday, ECB President Christine Lagarde revealed to CNBC that many current causes of inflation were temporary.

Fri, 24 Sep 2021 10:30:09 GMT

Evergrande fails to pay

On Friday, Reuters revealed that some of Evergrande bond holders had not received their payments that were due by Thursday.

Fri, 24 Sep 2021 07:13:31 GMT

USD trades near low level

During early Friday's trading hours, the US Dollar index fluctuated near one-week low level due to one of the biggest drops in a month.

Fri, 24 Sep 2021 06:30:23 GMT

White House addresses semiconductor crisis

The US White House announced on Thursday that it would discuss new option to overcome the ongoing global semiconductor deficit.

Thu, 23 Sep 2021 14:30:07 GMT

Evergrande avoids bond default

On Thursday, Bloomberg revealed that the Chinese government had ordered Evergrande to avoid a near-term USD denominated bond default.

Thu, 23 Sep 2021 12:30:08 GMT

Stocks recover on Thursday

During early Thursday's trading hours, global stock indices continued to surge, as a recovery was fueled by news that the US would keep monetary stimulus intact.

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