News

Tue, 29 Jun 2021 16:00:08 GMT

Stocks react to coronavirus news

During Tuesday's trading hours, stock indices around the world retraced down from all-time-high levels due to global concerns over the new coronavirus variant.

Tue, 29 Jun 2021 15:00:06 GMT

EU watchdog investigates banks

On Tuesday, the European Union revealed that regulators would look into RegTech technology, which automates fraud checks.

Tue, 29 Jun 2021 14:00:08 GMT

JPMorgan sets up in Abu Dhabi

Reuters revealed on Tuesday that JPMorgan had created a new entity in the Abu Dhabi financial center ADGM.

Tue, 29 Jun 2021 13:00:08 GMT

UK housing prices surge

Data published on Tuesday revealed that the coronavirus pandemic had boosted UK housing prices by 13.4% on a year on year basis.

Tue, 29 Jun 2021 12:00:07 GMT

Dollar remains below high level

As the European trading session started on Tuesday, the value of the US Dollar remained below a two-month high.

Tue, 29 Jun 2021 11:00:07 GMT

Asian stocks decline

During Tuesday's Asian trading hours, stock indices declined in value, as fears of the new coronavirus variant spread.

Tue, 29 Jun 2021 10:00:09 GMT

Google experiences outages

On Tuesday, Google encountered service outages, as multiple users complained about the search engine, email and streaming services.

Tue, 29 Jun 2021 09:00:07 GMT

Facebook stock price jumps

On Monday, June 28, the stock price of Facebook surged by 4.43% or $15.20. By doing so, the company's total valuation reached above one trillion USD.

Tue, 29 Jun 2021 07:48:18 GMT

NVDA hits new high level

During Monday's US trading hours, the price for Nvidia stock aimed at the $800.00 mark.

Tue, 29 Jun 2021 07:00:06 GMT

BoA to raise quarterly dividend

Bank of America is eager to increase its quarterly stock dividend to 21 cents for a share, or by 17%, starting in the current year's third quarter.

Tue, 29 Jun 2021 06:00:08 GMT

Samsung rolls out new smartwatch interface

Samsung Electronics has presented an interface of its new smartwatch at Barcelona's Mobile World conference, with the operating system co-developed with Google.

Tue, 29 Jun 2021 05:00:07 GMT

Japan's May retail sales top estimates

Japan's May retail sales increased 8.2% year-over-year, beating the forecast of 7.9% rise, but overall consumption trends stay hostage to the COVID-19-related pressures, suggesting slower economic recovery.

Tue, 29 Jun 2021 04:00:05 GMT

Goldman Sachs boosts quarterly dividend

Goldman Sachs Group is planning to raise its common quarterly stock dividend from $1.25 to $2 for a share, Reuters reported.

Tue, 29 Jun 2021 03:00:08 GMT

S&P 500, Nasdaq hit record highs

On Monday, the S&P 500 and Nasdaq hit their all-time highs, boosted by tech stocks due to investors expecting a strong earnings season despite interest rates remain at low levels.

Mon, 28 Jun 2021 22:09:21 GMT

Fed officials skeptic about US digital currency

Some of Federal Reserve officials expressed skepticism about issuing a digital currency controlled by the central bank, telling that majority of dollar settlements are already virtual.

Mon, 28 Jun 2021 20:00:08 GMT

Nasdaq rises

The Nasdaq reached an all-time high supported by tech companies as investors focus on growth stocks amid worries about inflation.

Mon, 28 Jun 2021 19:00:06 GMT

Crypto firms drop UK registrations

An increasing number of crypto asset companies are dropping attempts to register with the UK Financial Conduct Authority as scrutiny of the sector intensifies.

Mon, 28 Jun 2021 18:00:07 GMT

Israel exports to reach $120B in 2021

Exports of services and goods from Israel will reach an all-time high of $120B in 2021, a report published by the Ministry of Economy and Industry shows.

Mon, 28 Jun 2021 16:55:00 GMT

German employment sentiment improves

German employment market sentiment improved to all-time high, a research conducted by the Institute for Employment Research shows.

Mon, 28 Jun 2021 14:00:08 GMT

United Airlines orders planes

On Monday, Reuters revealed that United Airlines could close a $30 billion post-pandemic airplane order.

Mon, 28 Jun 2021 13:00:09 GMT

Oil declines after high level

During Monday's European trading hours, after reaching highest level since 2018, crude oil prices declined.

Mon, 28 Jun 2021 12:00:08 GMT

UBS CEO comments on Archegos

On Monday, the CEO of UBS Group Ralph Hamers stated that the collapse of Archegos fund was a unique event.

Mon, 28 Jun 2021 11:00:07 GMT

Rosengren comments on housing

The Boston Fed Bank President Eric Rosengren stated to the Financial Times that the US cannot have boom and bust cycles in the housing market.

Mon, 28 Jun 2021 10:00:06 GMT

Macron invites CEOs to France

On Monday, Reuters revealed that in a post-Brexit move the President of France Emmanuel Macron had invited over various CEOs to France.

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