News

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Wed, 30 Dec 2020 08:01:56 GMT

US Dollar declines

On Wednesday, the dollar index, which measures the US Dollar against a basket of major currencies, declined to multi-year lows.

Wed, 30 Dec 2020 07:01:30 GMT

FTSE Russell may delete more Chinese firms

FTSE Russell could delete more Chinese firms from its global benchmarks, the company said in a statement.

Wed, 30 Dec 2020 05:57:53 GMT

Hayward says UK need tighter COVID-19 measures

On Tuesday, Andrew Hayward, a top epidemiologist, warned that the UK government needs to impose tougher COVID-19 lockdown measures.

Wed, 30 Dec 2020 04:57:17 GMT

UK, Vietnam sign free trade agreement

On Tuesday, the Vietnamese Trade Ministry announced that the United Kingdom and Vietnam have signed a free trade deal.

Wed, 30 Dec 2020 04:00:43 GMT

AA resumes 737 MAX passenger flights in US

On Tuesday, American Airlines resumed Boeing's 737 MAX commercial flights in the United States after a 20-month ban was lifted by the US Federal Aviation Administration last month.

Wed, 30 Dec 2020 02:49:57 GMT

EU 27 members approve Brexit trade agreement

On Tuesday, Germany's Foreign Minister Heiko stated that the 27 members of the European Union have approved the Brexit trade agreement.

Tue, 29 Dec 2020 21:13:05 GMT

Fiat Chrysler to invest $203.99M in Poland

The Italian-American car manufacturer Fiat Chrysler plans to invest $203.99 in its plant in Poland, where new Jeep, Fiat and Alfa Romeo models will be manufactured, the Deputy Prime Minister Jaroslaw Gowin says.

Tue, 29 Dec 2020 20:00:28 GMT

S. Korea exports rise

Exports from South Korea increased for a third consecutive month in November despite the ongoing COVID-19 pandemic, data published by the Bank of Korea show.

Tue, 29 Dec 2020 19:05:41 GMT

Vietnam industrial production expands

Industrial production in Vietnam expanded 3.36% in 2020, compared to the same period the previous year, data published by the General Statistics Office show.

Tue, 29 Dec 2020 18:23:54 GMT

Beijing industrial profits rise

Profits of industrial companies in Beijing increased 3% to $24B in the first 11 months of the current year, the Beijing Municipal Bureau of Economy reports.

Tue, 29 Dec 2020 16:57:14 GMT

Brazil expects 4.4% growth in 2020

The economy of Brazil is expected to expand 4.4% in 2020, while inflation forecast is 4.39%, data published by the Central Bank show.

Tue, 29 Dec 2020 16:28:30 GMT

ADB approves $200M loan to Bangladesh

The Asian Development Bank and the government of Bangladesh signed a $200M loan agreement to improve access to electricity in rural areas of the country.

Tue, 29 Dec 2020 14:45:21 GMT

US Dollar declines on Tuesday

During Tuesday's trading, the value of the US Dollar reached for historical low levels, as new stimulus was expected to dilute the value of the currency.

Tue, 29 Dec 2020 13:41:02 GMT

Funds underperform in 2020

Reuters released a report on Tuesday, which revealed that the average hedge fund had made 7.3% in 2020, compared to a 14% surge in the S&P 500.

Tue, 29 Dec 2020 12:51:12 GMT

European stocks extend gains

During Tuesday's European trading hours, stock indices surged, as US stimulus and Brexit trade deal boosted the markets.

Tue, 29 Dec 2020 11:45:21 GMT

Crude oil prices surge

On Tuesday, crude oil price indices continued to gain, as the US Dollar's value was expected to decline due to US stimulus.

Tue, 29 Dec 2020 11:16:14 GMT

Stock prices surge on Tuesday

During Tuesday's European trading hours, stock indices surged, as additional US stimulus was revealed in the form of $2,000 checks.

Tue, 29 Dec 2020 10:06:07 GMT

Coinbase halts trading in Ripple

Coinbase Inc announced on Monday that it would halt trading in Ripple cryptocurrency after the US SEC charged two XRP executives for personal gains they received from the offering.

Tue, 29 Dec 2020 09:00:56 GMT

Crude oil prices edge higher

On Tuesday, crude oil prices edged higher on hopes that a long-awaited US pandemic relief package could drive fuel demand.

Tue, 29 Dec 2020 08:00:08 GMT

Asian shares jump

On Tuesday, Asian shares edged up. MSCI's broadest index rose by 0.46%, Australian stocks edged higher by 0.55%, Japan's Nikkei leapt by 1.63% and shares in China surged by 0.1%.

Tue, 29 Dec 2020 06:59:53 GMT

Samsung extends LCD production in S.Korea

On Tuesday, Samsung Electronics announced that it would extend LCD production in South Korea for an unspecified period.

Tue, 29 Dec 2020 05:42:31 GMT

Alibaba buyback fails to boost stock

On Monday, the share price of Alibaba continued to decline, as the firm's $10 billion buyback failed to ease the pressure of a government investigation.

Tue, 29 Dec 2020 05:12:17 GMT

Congress votes on Trump's demand

It was revealed on Monday that the US Congress was set to vote on $2,000 stimulus checks, which were demanded by the US President Donald Trump.

Tue, 29 Dec 2020 03:50:01 GMT

Oil trades flat

During Monday's US trading hours, crude oil prices remained flat, as the boost from US stimulus was outweighed by expected weak demand.

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