News

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Mon, 06 Sep 2021 12:30:15 GMT

JD.com founders steps away

JD.com announced on Monday that the company's chief executive and founder Richard Liu would switch from day-to-day operations to long-term strategy planning.

Mon, 06 Sep 2021 10:30:09 GMT

Texas offers tax breaks to Samsung

On Monday, Reuters reported that the city of Taylor in Texas would grant Samsung tax breaks for the company to open a $17 billion chip plant in the city.

Mon, 06 Sep 2021 08:30:09 GMT

Asian shares surge on Monday

At the start of the week, Asian stock indices surged, as Friday's worse than forecast US employment data fuelled expectations of global stimulus.

Mon, 06 Sep 2021 06:45:24 GMT

BTC passes August high levels

On Sunday, the price for BTC passed August high levels. During early Monday's trading hours, the BTC/USD rate reached the $52,000.00 mark.

Mon, 06 Sep 2021 06:01:08 GMT

US oil production remains stopped

On Monday, the US Bureau of Safety and Environmental Enforcement reported that US oil output in the Gulf of Mexico remains halted.

Fri, 03 Sep 2021 14:45:22 GMT

ETH pierces 4,000.00 mark

On Friday, the price for Ethereum resumed its surge, as the ETH/USD pair surged by more than 5.00% during the day's early US trading hours.

Fri, 03 Sep 2021 14:30:09 GMT

US freezes Afghan assets

On Friday, the United States announced that it would not release Afghanistan's foreign reserves that are deposited in the US.

Fri, 03 Sep 2021 12:33:28 GMT

US Dollar plummets due to employment data

On Friday, at 12:30 GMT, the US Bureau of Labour Statistics published the US monthly employment data sets. The news that during the last month 235,000 people were employed instead of forecast 720,000 caused a sharp drop of the US Dollar.

Fri, 03 Sep 2021 12:30:10 GMT

US agency probes Apple

Reuters revealed on Friday that a United States labour agency would investigate two charges against Apple, which had been filed by employees.

Fri, 03 Sep 2021 10:30:08 GMT

Ex-Fed official comments on tapering

Former official of the US Federal Reserve Dennis Lockhart revealed on Thursday that the Federal Reserve would most likely announce tapering of asset purchases in November.

Fri, 03 Sep 2021 06:35:18 GMT

Oil trades sideways

On Friday, crude oil prices remained flat during Asian trading, as a strong rise was experienced during the previous session.

Fri, 03 Sep 2021 05:58:13 GMT

Japanese stock indices surge

During Friday's Asian trading hours, the stock indices in Japan surged, as the Prime Minister of Japan Yoshihide Suga.

Thu, 02 Sep 2021 16:30:24 GMT

Japan reveals economic strategy

On Thursday, the government of Japan revealed a list of tasks that would promote digitalisation and green technology to boost the country's long term growth.

Thu, 02 Sep 2021 14:30:10 GMT

Arnault restructures investment in Lagardere

French media firm Lagardere revealed on Wednesday that the French billionaire Bernard Arnault had restructured his investment in Lagardere by exercising sell options.

Thu, 02 Sep 2021 12:30:08 GMT

China keeps flights limits

Air China announced on Thursday that Chinese aviation regulators are expected to keep international flights limited in the first half of 2022.

Thu, 02 Sep 2021 10:30:10 GMT

Oil prices decline

During early Thursday's trading hours, crude oil prices declined, as OPEC+ reconfirmed that oil supply would be increased.

Thu, 02 Sep 2021 08:30:09 GMT

Asian stocks bounce off top

On Thursday, Asian stock indices bounced off a five-week high level, as worse than expected economic data was published by the Chinese government.

Thu, 02 Sep 2021 06:34:34 GMT

BoJ warns about risks

On Thursday, Board Member of the Bank of Japan Goushi Kataoka stated that the coronavirus might impact the Japanese economy for longer than previously forecast.

Wed, 01 Sep 2021 16:30:11 GMT

Carrefour is dumped by large holder

At the start of Wednesday's European trading, the stock price for Carrefour dropped by 5.25% or 0.88 EUR. The value was lost due to the French billionaire Bernard Arnault selling the company's stock after being invested for 14 years.

Wed, 01 Sep 2021 12:57:02 GMT

EUR/USD reacts to ADP payrolls

On Wednesday, at 12:15 GMT, the Automatic Data Processing National Employment Report was released. It revealed that instead of expected 640,000 new employed people in the US, there are 374,000.

Wed, 01 Sep 2021 12:30:12 GMT

ECB Vice President comments on economy

The Vice President of the European Central Bank Luis de Guindos revealed on Wednesday that the euro zone's growth is beating the forecasts of the ECB.

Wed, 01 Sep 2021 10:30:09 GMT

OPEC+ raises demand forecast

On Wednesday, OPEC+ announced that the organization would raise its 2022 global crude oil demand forecast.

Wed, 01 Sep 2021 08:30:09 GMT

Zoom shares plummet

At the start of Tuesday's trading, the stock price for Zoom Video Communications plummeted by 15.97% or $55.66. The move occurred due to the company reporting a bigger than expected decline in demand for its software.

Wed, 01 Sep 2021 06:26:19 GMT

Asian stock indices decline

During Wednesday's Asian trading hours, the stock indices of Asian markets declined in the aftermath of continuous prior gains.

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