News

Note: This section contains information in English only.
Mon, 21 Feb 2022 12:30:21 GMT

Singapore hikes taxes

Last week, the government of Singapore announced that it intends to increase sales taxes starting from the next year.

Mon, 21 Feb 2022 10:30:07 GMT

US adds websites to notorious market list

The US Trade Representative's office has announced that it would put e-commerce sites of Tencent and Alibaba on US list of "notorious markets."

Mon, 21 Feb 2022 08:30:07 GMT

US Treasuries experience inflows

The Bank of America has revealed that US Treasuries have experienced largest inflows in a period of two years, as risks of a recession increase.

Mon, 21 Feb 2022 06:30:08 GMT

ECB's Kazimir comments on bond buying

The European Central Bank's policymaker Peter Kazimir has revealed that in his opinion the ECB should end its bond-buying program by the end of July.

Fri, 18 Feb 2022 14:30:05 GMT

Airbus pays out dividends

Airbus announced this week that the company would restart paying dividends, as the company had experienced a sharp increase in profits.

Fri, 18 Feb 2022 12:30:06 GMT

US government investigates Tesla

This week, it was revealed that the US government was investigating nearly 415,000 Tesla vehicles due to reports of unexpected breaking.

Fri, 18 Feb 2022 10:30:07 GMT

Nestle comments on inflation

Nestle announced this week that the company's profit margins would not be impacted by production cost inflation.

Fri, 18 Feb 2022 08:30:08 GMT

Volkswagen negotiates with Huawei

Manager Magazine reported on Thursday that Volkswagen was in talks with Huawei about an acquisition of its autonomous driving division. The deal could be valued in billions of Euros.

Fri, 18 Feb 2022 06:30:07 GMT

Private debt creates risk

This week, the World Bank announced that private debt in developing countries creates risk, as more than 40% of firms have shown concerns over payments.

Thu, 17 Feb 2022 14:30:06 GMT

Inflation in Canada hits new high level

This week, Canadian Consumer Price Index data revealed that in January annual inflation in Canada hit a new high level at 5.1%, which was the highest level since September 1991.

Thu, 17 Feb 2022 12:30:07 GMT

Google keeps Android AdId

Google revealed this week that the company would continue to use its Android advertisement tracking software AdId at least into 2024, despite Apple applying restrictions to a similar product.

Thu, 17 Feb 2022 10:30:06 GMT

Jaguar Land Rover and NVidia form alliance

This week Jaguar Land Rover and NVidia announced that they would collaborate and develop new computer systems for Jaguar and Land Rover cars.

Thu, 17 Feb 2022 08:30:07 GMT

US import prices hit record high

Data released this week revealed that US import prices had increased by a record number not seen since April 2011. Namely, import prices surged by 2.00% in January.

Thu, 17 Feb 2022 06:30:34 GMT

Barrick Gold announces major results

On Wednesday, Barrick Gold Corporation announced its quarterly results. The company revealed that it had doubled earnings. Moreover, the company revealed that it would buy back up to $1 billion of shares.

Wed, 16 Feb 2022 19:07:18 GMT

FOMC releases Meeting Minutes

At 19:00 GMT on Wednesday, the US Federal Reserve's Federal Open Market Committee published its meeting minutes from January. The document revealed that the Committee agreed upon that, if inflation does not decrease as expected, the Fed would tighten policy more than planned.

Wed, 16 Feb 2022 14:30:05 GMT

Intel expands in new sector

This week, Intel revealed that the company would expand in specialty chip manufacturing via a $5.4 billion acquisition of Tower Semiconductors. The stock price of Tower Semiconductors jumped more than 40.00% on the announcement.

Wed, 16 Feb 2022 12:30:08 GMT

Johnson reveals tools against Russia

On Tuesday, the Prime Minister of the United Kingdom Boris Johnson stated that the UK could ban Russian companies from raising funds in London.

Wed, 16 Feb 2022 10:30:06 GMT

Carmen Reinhart comments on inflation

This week, the Chief Economist of the World Bank Carmen Reinhart stated that, unless the US Federal Reserve tightens monetary policy as soon as possible, the US could face persistent inflation.

Wed, 16 Feb 2022 06:30:07 GMT

Oil prices react to fundamentals

This week, crude oil price movements were fuelled by fundamentals, as news about escalation or de-escalation in Ukraine caused either a surge or decline of oil price benchmarks.

Tue, 15 Feb 2022 14:30:22 GMT

Total and Iraq's oil deal is stuck

Reuters revealed this week that the $27 billion oil deal between TotalEnergies and the Iraqi government was stuck due to a dispute over risks and terms being changed by the government.

Tue, 15 Feb 2022 13:18:32 GMT

Restaurant Brands beat earnings expectations

On Tuesday, the owner of Burger King and Tim Hortons Restaurant Brands revealed that due to online sales the company had beat its quarterly earnings estimates.

Tue, 15 Feb 2022 13:09:59 GMT

Markets jump due to Russian announcement

On Tuesday, the Russian government announced that it had ordered a part of its military to leave border regions near Ukraine and return to their bases. The global markets reacted with an increase of risk on sentiment, as stocks and cryptocurrencies surged. Meanwhile, the Japanese yen, gold and oil prices declined.

Tue, 15 Feb 2022 12:30:07 GMT

Johnson & Johnson deals with court claims

This week, Johnson & Johnson revealed that it would use a subsidiary that would claim bankruptcy to avoid nearly 40,000 claims that the company's products cause cancer.

Tue, 15 Feb 2022 08:30:07 GMT

Toshiba sets break-up voting date

This week, Toshiba announced that it had called a general meeting of stock holders on March 24. Shareholders are bound to vote on the sale of the company's device business.

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