Dollar Falters As Fed Dashes Early U.S. Rate Hike View
The U.S. dollar fell on Wednesday, after the Federal Reserve said it does not expect to raise interest rates through…
Day: March 18, 2021
Japanese Judiciary Sends Conflicting Signals To Nuclear Industry
Japanese courts delivered conflicting rulings on two nuclear reactors on Wednesday, lifting an injunction on one and slapping a no-restart…
Nokia Sees Its Comparable Operating Margin Growing To 10-13% In 2023
Finnish telecom equipment maker Nokia sees its comparable operating margin growing to 10-13% in 2023, it said on Thursday. Nokia…
Pakistani Province Plans To Build Pilot Crypto Currency Mining Farms
The Pakistani province of Khyber Pakhtunkhwa is planning to build two hydroelectric-powered pilot “mining farms” to capitalise on a bullish…
Britain Sets Sights On ‘Big Four’ Auditors In Market Shake-Up
Britain proposed weakening the market grip of “Big Four” auditors on Thursday and making company directors responsible for spotting fraud…
BlackRock Ups Focus On ‘Natural Capital’ Ahead Of AGM Season
BlackRock on Thursday warned companies that rely on nature or have an impact on natural habitats to publish a “no…
Credit Suisse Execs Earn Less Following 2020 Headaches
Credit Suisse executives earned 12% less in total aggregate compensation in 2020, the bank’s annual report showed on Thursday, as…
Steeper And Higher: U.S. Bond Tantrum Averted, But Worries Remain
Markets may be less fearful of a “taper tantrum” after the Federal Reserve’s latest meeting, but the prospect of higher…
Fed Patience Calms Yields For Now, But Market Feels Like ‘Coiled Spring’
The Federal Reserve may have avoided inflaming the bond market with its latest policy decision and outlook, but as economic…
China Regulators Held Talks With Alibaba, Tencent, Nine Others On ‘Deepfake’ Tech
– Chinese regulators recently summoned 11 domestic technology companies including Alibaba Group, Tencent and ByteDance for talks on use of…
Stocks Cheer Dovish Fed, Yen Supported Before BOJ Decision
Asian shares and U.S. stock futures rose on Thursday after the Federal Reserve committed to maintaining accommodative monetary policy and…
U.N. Body Raises Global Economic Growth Forecast For 2021 To 4.7%
The global economy is set to grow by 4.7% this year thanks to a stronger-than-expected recovery in the United States,…