News

Note: This section contains information in English only.
Thu, 12 Dec 2024 08:32:29 GMT

Swiss National Bank cuts rates

On December 12th, the Swiss National Bank decreased its interest rate by more than expected. The new interest rate for the Swiss franc is 0.50%.

Thu, 12 Dec 2024 06:30:03 GMT

BlackRock expands business opportunities

BlackRock announced plans to buy private credit firm HPS Investment Partners for around $12 billion, its third major acquisition this year.

Thu, 12 Dec 2024 03:30:04 GMT

Apple will be using ChatGPT

Apple started integrating OpenAI's ChatGPT into its devices, hoping to boost iPhone sales with new AI-powered features.

Wed, 11 Dec 2024 21:30:03 GMT

Farmers protest in the UK

Numerous tractors protested in central London against the government's decision to end the inheritance tax exemption for farming families.

Wed, 11 Dec 2024 18:30:03 GMT

Airlines anticipate more flights in 2025

The global airlines body IATA has forecasted industry revenue of over a trillion dollars and record passenger numbers for 2025

Wed, 11 Dec 2024 15:30:04 GMT

GM pauses robotaxi project

General Motors will stop funding the self-driving taxi project and will focus on developing autonomous driving for personal vehicles.

Wed, 11 Dec 2024 12:30:04 GMT

Oracle shares drop after earnings release

Oracle shares fell nearly 7%, their biggest drop in a year, after a disappointing earnings report.

Wed, 11 Dec 2024 09:30:03 GMT

UAE and the Eurasian Economic Union sign trade agreement

The United Arab Emirates has signed an economic agreement with the Eurasian Economic Union to boost non-oil trade.

Wed, 11 Dec 2024 03:30:03 GMT

Bankruptcies in Japan are rising

Japan's bankruptcies are set to exceed 10,000 this year. In November, 841 companies went bankrupt, bringing the total for the year so far over 9,000.

Tue, 10 Dec 2024 21:30:03 GMT

Japans Q3 GDP higher than expected

Japan's economy grew more than expected in July-September, boosted by stronger investment and exports, raising hopes for a rate hike soon.

Tue, 10 Dec 2024 18:30:03 GMT

Dodge to team up with China's battery manufacturer in Europe

Automaker Stellantis and Chinese battery giant CATL announced plans to jointly build a 4.1 billion euro lithium iron phosphate battery plant in Spain.

Tue, 10 Dec 2024 16:30:04 GMT

Coffee prices keep climbing

Coffee prices on international markets have reached a record high, with Arabica beans surpassing $3.44 per pound, an 80% increase this year.

Tue, 10 Dec 2024 15:30:04 GMT

MicroStrategy owns over 2% of the total Bitcoin supply

According to its latest filing with the US Securities and Exchange Commission, MicroStrategy holds 423,650 Bitcoin, worth $25.6 billion, with an average acquisition cost of $60,324 per coin.

Tue, 10 Dec 2024 12:30:11 GMT

China's imports decreased in November

China's imports fell by 3.9% in November, the biggest drop since September 2023, missing expectations of a 0.3% increase.

Tue, 10 Dec 2024 09:30:03 GMT

Xiaomi's new EV is set to compete with Tesla in China

Xiaomi revealed its latest electric vehicle, the YU7, a crossover SUV, which will compete in the same segment as the Tesla Model Y.

Tue, 10 Dec 2024 03:30:03 GMT

UK business confidence is weakening

According to BDO, British businesses slowed down and reduced hiring last month, with business confidence dropping to its lowest level since January 2023.

Mon, 09 Dec 2024 21:30:03 GMT

Auto sales in India rise

Indian auto sales November, were up 15% increase in two-wheeler sales driven by festive demand, while passenger and commercial vehicle sales declined, resulting in an 11.21% overall market growth.

Mon, 09 Dec 2024 18:30:03 GMT

UBS CEO comments on Market risks

The CEO of UBS cautions that tariffs and political issues could affect the markets in the future.

Mon, 09 Dec 2024 15:30:03 GMT

China ensists on fiscal stimulus

China's leaders promised to take stronger fiscal actions and loosen monetary policy next year to boost domestic spending, according to an official summary.

Mon, 09 Dec 2024 13:45:03 GMT

China probes Nvidia for monopoly

China announced on Monday that it has launched an investigation into Nvidia Corp over suspected violations of its anti-monopoly law.

Mon, 09 Dec 2024 12:30:04 GMT

El Salvador's president report profits on X

El Salvador's unrealized Bitcoin gains exceeded $300 million as BTC surpassed the $100,000 milestone price, according to the president.

Mon, 09 Dec 2024 09:30:03 GMT

Oil prices rise due to Middle East tensions

Oil prices rose on Monday due to increased uncertainty in the Middle East following the fall of Syrian President Bashar al-Assad's regime, though gains were limited by a weak demand outlook for the upcoming year.

Fri, 06 Dec 2024 21:30:03 GMT

Lululemon Athletica deliver on the quarter

Lululemon's third-quarter results beat expectations, boosting shares by over 8%, but North American sales declined amid growing competition heading into the holiday season.

Fri, 06 Dec 2024 18:30:03 GMT

Judge rejects Boeing's plea deal

A U.S. judge rejected Boeing's plea deal over fraud related to two fatal 737 MAX crashes, and the DOJ is considering whether to appeal or renegotiate the deal.

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