News

Note: This section contains information in English only.
Tue, 23 Mar 2021 04:31:12 GMT

White House comments on stimulus

On Monday, the US White House reported that any talks of additional $3 trillion infrastructure spending were premature.

Mon, 22 Mar 2021 21:43:47 GMT

Wall Street indices rally

Monday's US trading ended with stock indices gaining, as a tech stock recovery took place.

Mon, 22 Mar 2021 20:43:07 GMT

Credit Suisse faces charges

Reuters reported on Monday that Credit Suisse faces additional antitrust charges from the European Union regulators.

Mon, 22 Mar 2021 20:22:49 GMT

Tesla rallies on Monday

On Monday, the stock price of Tesla gained more than 5.00%, as Ark Invest announced that the stock price could reach $3,000.00.

Mon, 22 Mar 2021 18:59:08 GMT

Stock markets surge

During Monday's US trading hours, stock indices surged, as global stocks experienced a boost through ETF buying done by the Bank of Japan.

Mon, 22 Mar 2021 17:59:54 GMT

Google's payments head to step down

Google's top executive and the payments chief Caesar Sengupta announced on Monday he would leave the the tech giant next month, after holding the post during the last 15 years.

Mon, 22 Mar 2021 16:43:22 GMT

JD.com to make investment in Dada Group

On Monday, China's JD.Com stated it would make an $800M investment in Dada Group, the on-demand delivery platform, after which the Chinese e-commerce company would own around 51% of Dada.

Mon, 22 Mar 2021 15:45:53 GMT

Swiss FINMA chief hired as German BaFin head

Swiss FINMA chief Mark Branson has been hired as the president of the German finance watchdog BaFin amid regulatory shake-up following the Wirecard fraud, Germany's finance ministry reported.

Mon, 22 Mar 2021 14:47:16 GMT

Oil prices extend decline

During Monday's European trading hours, crude oil prices extended the last week's decline. The decline was attributed to a slowdown in economic recovery in Europe.

Mon, 22 Mar 2021 14:04:49 GMT

US Dollar remains near high level

On Monday, the US Dollar index remained near a four month high level, as growing US bond yields fuelled demand for the USD.

Mon, 22 Mar 2021 12:46:47 GMT

Futures signal gains in tech stocks

On Monday, futures of S&P 500 and Nasdaq indices revealed that during this week a recovery in tech stocks could be possible.

Mon, 22 Mar 2021 11:53:59 GMT

Bank of Japan continues stimulus

The Bank of Japan announced on Monday that it had just bought stock ETFs valued at 50 billion Yen, continuing to boost the stock market.

Mon, 22 Mar 2021 11:28:26 GMT

Turkish Lira plummets due to politics

On Monday, the Turkish Lira plummeted in value, as the USD/TRY currency exchange rate jumped by 15.40%. The event was caused by the President of Turkey Tayyip Erdogan firing the head of the Turkish Central Bank Naci Agbal.

Mon, 22 Mar 2021 10:29:38 GMT

Deliveroo expects $12B valuation in IPO

Deliveroo is expecting its upcoming IPO in London to value the firm at around £8.8B or $12.19B, it said on Monday.

Mon, 22 Mar 2021 09:31:29 GMT

Foxconn shares surge over 3%

On Monday, Foxconn's shares soared 3.6% after Vingroup, the Vietnam conglomerate, announced its car division had entered early stage negotiations with Foxconn over joint development of batteries and EV parts.

Mon, 22 Mar 2021 07:56:52 GMT

Canadian Pacific to acquire Kansas City Southern

Canadian Pacific Railway has agreed to buy Kansas City Southern in the $25B cash-and-stock deal to establish the first railway encompassing the US, Canada and Mexico.

Mon, 22 Mar 2021 07:37:17 GMT

Crown Resorts gets $6.2B buyout offer

On Monday, Crown Resorts, Australia's casino operator, announced that Blackstone, the private equity firm, had made a buyout offer, valuing the company at $6.19B.

Mon, 22 Mar 2021 06:20:53 GMT

China industrial output rises

The industrial output in China increased 35.1% in the first two months of this year, compared to the same period in 2020, the National Bureau of Statistics reports.

Mon, 22 Mar 2021 05:01:21 GMT

MOC: confidence in China drives FDI

Strong foreign investor confidence drives investment inflow in China as the economy gains momentum, a Ministry of Commerce spokesperson says.

Mon, 22 Mar 2021 03:36:37 GMT

China makes green investment priority

Green investing should be a priority for China to achieve emission and carbon neutrality goals, the governor of the People's Bank of China Yi Gang says.

Sun, 21 Mar 2021 22:23:20 GMT

China approves four new IPO

The China Securities Regulatory Commission approved IPO applications of Changchun Engley Automobile Industry, Shanghai Action Education Technology, Ficont Industry and Suzhou Huaya Intelligence Technology.

Sun, 21 Mar 2021 20:42:42 GMT

Ford slows down production

Ford Motor Co stated on Sunday that it was forced to decrease production in the US due to semiconductors shortage.

Sun, 21 Mar 2021 20:26:43 GMT

Lira plunges after Erdogan's move

The Turkish Lira lost nearly 16% of its value after President Erdogan appointed Sahap Kavcioglu as the new Central Bank's Governor.

Sun, 21 Mar 2021 19:27:30 GMT

Trump to have own media platform

One of Donald Trump's senior advisers stated on Sunday that the former President would launch his own social media platform in coming months.

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