Forex Market News and Analysis

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Mon, 13 Mar 2023 10:30:11 GMT

White House sets Tik Tok deadline

Reuters has reported that the US administration has set a deadline by the end of March for a purge of Tik Tok from all federal employee devices.

Mon, 13 Mar 2023 06:30:06 GMT

Banks buys EU bonds

As the European Central Bank continues to hike interest rates, various global banks have been buying up Euro Zone country bonds.

Fri, 10 Mar 2023 14:30:09 GMT

UK inflation reaches new record

The grocery prices for the United Kingdom has reached a new record high, as food prices grew by 17.1% in the first fourth weeks of February.

Fri, 10 Mar 2023 10:30:30 GMT

Urban employment falls in China

Recently released 2022 data has revealed that for the first time in six decades urban employment had declined in China.

Fri, 10 Mar 2023 06:30:07 GMT

Apple supplier unlikely to recover

The Apple supplier Foxlink has revealed that the company is unlikely to resume its operations in India during the following next two months. The company's local factory has suffered in a major fire.

Thu, 09 Mar 2023 14:30:07 GMT

Japan's PM wants wage hikes

The Prime Minister of Japan, Fumio Kishida has stated that businesses should increase employee wages to combat the ongoing rising inflation.

Thu, 09 Mar 2023 10:30:08 GMT

Yellen aims at US budget reductions

The US Treasury Secretary Janet Yellen has commented that she would discuss a potential US budget deficit reduction with the US Congress in an effort to deal with a possible US government default.

Thu, 09 Mar 2023 06:30:09 GMT

Blackstone CEO receives major pay

The Chief Executive Officer of the Blackstone fund Steve Schwarzman has received $1.26 billion in pay and dividends during 2022.

Wed, 08 Mar 2023 14:30:07 GMT

Yellen comments on World Bank

The US Treasury Secretary Janet Yellen has stated that the US nominee to head the World Bank Ajay Banga is set to overcome all criticism of his nomination.

Wed, 08 Mar 2023 10:30:07 GMT

Thales hires employees

The French defence group Thales has revealed that it would hire additional 12,000 employees, as orders for armaments have skyrocketed.

Wed, 08 Mar 2023 06:30:07 GMT

Twitter lays off employees

The Information news outlet has reported that Twitter has laid off 50 additional workers in an effort to continue to cut costs.

Tue, 07 Mar 2023 14:30:06 GMT

Buffet's profits decline

The profits of Berkshire Hathaway declined in the fourth quarter of 2022, as the investment fund suffered due to a decline in its investments and currency fluctuations.

Tue, 07 Mar 2023 10:30:10 GMT

Nokia restores production in Europe

The producer of Nokia phones HMD Global has revealed that it would set up smart-phone production in Europe, despite the competition continuing to produce in Asia.

Tue, 07 Mar 2023 06:30:09 GMT

IMF wants to ban cryptocurrencies

The International Monetary Fund has revealed that banning private cryptocurrencies might help in the restructuring of global debt.

Mon, 06 Mar 2023 14:30:08 GMT

IMF comments on global debt

The International Monetary Fund has announced that the G20 countries are at a disagreement of how to handle the debt of failing economies.

Mon, 06 Mar 2023 10:30:06 GMT

Food makers cut products

Reuters has revealed that various global food product makers would reduce their line up due to low product turnover.

Mon, 06 Mar 2023 06:30:08 GMT

Kuroda comments on policy

The head of the Bank of Japan Haruhiko Kuroda has revealed that he intends to continue to keep the central bank's ultra loose monetary policy.

Fri, 03 Mar 2023 14:30:06 GMT

Cvent declines Blackstone offer

The events software provider Cvent has refused a $3.9 billion bid offer from the Blackstone group.

Fri, 03 Mar 2023 10:30:07 GMT

World Bank offers concessions

The World Bank has announced that it would offer some concessions to its debtor countries, as they battle the ongoing global economic decline.

Fri, 03 Mar 2023 06:30:17 GMT

Tesla Mexico plant future depends on water

The President of Mexico Manuel Lopez Obrador has stated that the decision to allow the construction of a Tesla car plant in the northern part of the country would depend on the availability of water in the region.

Thu, 02 Mar 2023 14:30:08 GMT

Morgan Stanley cooperates with regulators

The US bank Morgan Stanley has revealed to be cooperating with US regulators in an investigation of the bank's block trading practices.

Thu, 02 Mar 2023 10:30:07 GMT

USA reduces emissions

Due to a switch to natural gas from coal at power plants, the United States have decreased their CO2 emission amount.

Thu, 02 Mar 2023 06:30:08 GMT

Stellantis CEO takes pay cut

The CEO of Stellantis Carlos Tavares would take a 14% pay decrease for 2022. The total salary of the CEO has declined to $15.7 million.

Wed, 01 Mar 2023 10:30:07 GMT

Thailand expects growth

The Ministry of Finance of Thailand has revealed that despite ongoing global economic turmoil the country expects to grow its economy by 3.8% in 2023.

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