News

Note: This section contains information in English only.
Fri, 24 Dec 2021 06:30:07 GMT

Bank of Japan comments on Yen

This week, the Bank of Japan Governor Haruhiko Kuroda stated that a weak Japanese Yen could hurt the local consumers.

Thu, 23 Dec 2021 14:30:08 GMT

Holzmann comments ECB rates

This week, the ECB Governing Council Member Robert Holzmann stated that the European Central Bank could raise rates at the end of 2022.

Thu, 23 Dec 2021 13:05:13 GMT

Risky assets gain value

This week, global risk assets surged in value. The surge was attributed to a change in sentiment, as Omicron fears receded.

Thu, 23 Dec 2021 10:30:09 GMT

Moody's increases Apple rating

On Wednesday, Moody's rating agency assigned the top AAA credit rating to Apple, as the company had shown promises of growth.

Thu, 23 Dec 2021 08:30:08 GMT

Wells Fargo delays return to office

This week, Wells Fargo announced that the bank would delay its planned return to work from offices due to the surge of Omicron cases.

Thu, 23 Dec 2021 06:30:09 GMT

Erdogan comments on Turkish Lira

On Wednesday, the President of Turkey Tayyip Erdogan stated that the government had stopped the speculative games run by domestic and foreign forces.

Wed, 22 Dec 2021 17:05:09 GMT

Airbus recovers to November levels

On Wednesday, the stock price of Airbus surged by 4.01% or 4.28 EUR. The stock price surged above the previous December high level and reached levels not seen since November.

Wed, 22 Dec 2021 16:13:58 GMT

Tesla stock jumps on Wednesday

During the first hours of Wednesday's US trading hours, the stock price for Tesla surged by 7.60% or $71.32. The surge was attributed to news that the company had submitted documentation for the creation of its new factory near Berlin, Germany.

Wed, 22 Dec 2021 14:30:07 GMT

General Mills raises forecast

This week, General Mills announced that the company would raise its annual sales forecast, as snack, cereal and baking product demand had increased.

Wed, 22 Dec 2021 13:44:23 GMT

US investigates Tesla

US car safety regulators revealed this week that they had started a formal investigation into the safety of 580,000 Tesla cars due to the option of games to be played on the central touchscreen.

Wed, 22 Dec 2021 12:30:06 GMT

US deficit hits record level

Data published this week revealed that the US quarterly current account deficit had increased to a 15 year high level.

Wed, 22 Dec 2021 10:30:06 GMT

EU court rules in favour of flight passengers

This week, an EU court ruled that passengers in Europe would be entitled to compensations, if airlines would bring a flight forward by at least one hour.

Wed, 22 Dec 2021 08:30:07 GMT

Foxconn shuts down plant

Reuters reported on Tuesday that Apple supplier Foxconn had shut down its plant in India for the whole week due to protests about food poisoning.

Wed, 22 Dec 2021 06:30:09 GMT

EU sets up vaccine deadline

This week, the European Union passed new rules that would create a nine month validity period for coronavirus vaccines.

Tue, 21 Dec 2021 14:30:07 GMT

WTO comments on trade

On Monday, the World Trade Organization announced that goods trade decreased in the third quarter of 2021 due to Omicron risks.

Tue, 21 Dec 2021 12:30:06 GMT

China prepares GDP announcement

This week, the Chinese government was set to announce its 2022 GDP growth target. Markets expect a downwards revision of GDP growth.

Tue, 21 Dec 2021 10:36:29 GMT

Turkish Lira recovers

On Tuesday, the Turkish Lira gained nearly 15%, as the President of Turkey Tayyip Erdogan revealed that local currency deposits would be guaranteed against market volatility.

Tue, 21 Dec 2021 10:30:06 GMT

World Economic Forum is cancelled

Sky News revealed this week that the Davos World Economic Forum would be called off due to the coronavirus.

Tue, 21 Dec 2021 08:30:07 GMT

Moderna comments on vaccine

On Monday, Moderna announced that the booster dose of its coronavirus vaccine is capable of protecting against the Omicron variant.

Tue, 21 Dec 2021 06:30:07 GMT

Oil prices decline due to Omicron

This week, crude oil prices continues to decline, as the price drop was attributed to an expected decrease of demand due to the spread of the new coronavirus variant.

Mon, 20 Dec 2021 14:30:08 GMT

Central Banks reduce stimulus

In early December, central banks set a course on a stimulus decrease, as the global economy had reportedly started a recovery.

Mon, 20 Dec 2021 12:30:06 GMT

Facebook exposes spy firms

Last week, Facebook revealed that various private surveillance firms had been hacking or abusing the platform targeting a total of 50,000 people.

Mon, 20 Dec 2021 10:30:08 GMT

Alibaba sets $100 billion target

Alibaba has announced that it has set a $100 billion gross merchandise volume target for Lazada in Southeast Asia.

Mon, 20 Dec 2021 08:30:08 GMT

Tencent publishes updated

After a lift of a ban issued by the Chinese government, Tencent has been allowed to resume the publication of app updates.

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