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After the Fed minutes, Asia’s Shares Decline But The Dollar Remains Stable.
Asian shares fell, tracking Wall Street's losses as the U.S. Federal Reserve looked set to maintain its path of…
Oil Prices Turn More Volatile As Investors Exit The Market.
Traders and fund managers have left crude oil markets in recent months, dropping activity to a seven-year…
Skeptical On U.S. Stocks, Equity Hedge Funds Sit Out Market Rally.
Still uncertain on where U.S. Stocks are headed, equity hedge funds are sitting out the market rally; despite…
By The End of 2022, The U.S. Claims That Roughly 20 Models Will Receive EV…
The Biden administration said about 20 models will still qualify for electric vehicle tax credits; of up to $7,500…
Russian Stocks Rise As The Rouble Reaches A One-Week High Against The Euro.
The Russian rouble strengthened to a one-week high against the euro, boosted by upcoming tax payments; that…
Tencent Stops Sales On Its NFT Platform Huanhe A Year After Launch As Scrutiny…
Chinese internet giant Tencent Holdings' (0700. HK) non-fungible token (NFT) platform Huanhe will no longer…
Inflation Creates Recession Anxiety, Lowering Investor Confidence In Germany.
German investor sentiment fell slightly in August on concerns the rising cost of living will hit private…
Pandora Shares Fall On Disappointing U.S. Sales.
Jewellery maker Pandora (PNDORA. CO) reported disappointing second-quarter sales in the U.S. Market; prompting its…
Inflation Reduces Income While The UK’s Hot Labor Market Cools.
Britain's super-hot labour market showed signs of cooling in official data published; as businesses became more…
Amid Concerns About A Recession, Stocks And Oil Prices Are Unsteady.
Stock markets struggled for direction as they grappled with worries over global growth; following weak Chinese and…
Dangote Cement Shareholders Lose N409 Billion On Sell Pressure.
Negative sentiment witnessed on shares of some blue-chip firms quoted on the Nigerian Exchange has resulted in…
Thailand Hikes Rate For First Time Since 2018 To Tame Hot Inflation.
Thailand's central bank raised its key interest rate for the first time in nearly four years; lifting it by a…
UK’s FTSE 100 Steady Ahead Of U.S. Inflation Data.
UK's blue-chip FTSE 100 was steady on Wednesday as investors digested mixed earnings reports. While caution…
European Shares Dip As U.S. Inflation Data Looms; Ahold Jumps.
European shares edged lower on Wednesday on losses in technology stocks ahead of key inflation data from the…
Britain’s Truss backs powers to override financial watchdogs, says FT.
Liz Truss, the front-runner to become Britain's next prime minister, would give ministers powers to override…
Italy To Approve $14.5 Billion Package Against Inflation.
Italy plans to approve on Thursday a new aid package worth around 14.3 billion euros ($14.5 billion); to help…
Gains From MTN Nigeria, 18 Other Stocks Lift Market Activities To Bullish Stance.
Activities on the Nigerian Exchange Limited (NGX) returned to positive route following gains recorded by blue chip…
China Raises Hope For Emerging Market Debt.
China’s commitment to restructure the $6 billion it is owed by Zambia is a good sign for Sri Lanka and others that…
Ether Overtakes Bitcoin In Options Market For The First Time Ever.
Ether, the native token of Ethereum’s blockchain, currently on the verge of switching its consensus mechanism;…
NESTLE, MTN Drive SWOOTs Capitalization Down By N724 Billion.
The combined market capitalization of stocks worth over one trillion (SWOOTs) depreciated by 3.49% to close at…
FUGAZ Investors Lose N42.21 Billion.
The market capitalization of the top five banks, referred to as the Tier-1 banks or FUGAZ, depreciated by 1.89%;…
UK Inflation Expectations Fall Again As BoE Nears Rates Decision.
The British public's expectations for inflation fell again in July, a survey showed, potentially adding to the…
US Slips Into Recession After GDP Contracts By 0.9% In Q2 2022.
The United States of America recorded a 0.9% contraction in its gross domestic product in the second quarter of…
Oil Rally To Stall As Recession Risks Counter Tight Supplies.
A rally in oil prices could stall as recession fears and COVID flare-ups in China slow demand and counter supply…
Ether Rallies Above $1,700 As Developers Announce Date For “Goerli Testnet Merger”
Looks like Ether, the native token of the Ethereum blockchain is leading the end-of-month rally in the…
Debt Management Office Lists Triple-Tranche Bonds On Nigerian Exchange
The Debt Management Office (DMO) has listed a triple-tranche of $4 billion Eurobonds, $1.25 billion Eurobonds; and…
Prada’s mid-term targets look closer after strong first half
Luxury fashion group Prada beat first-half sales and profit forecasts and said it could reach its mid-term targets…
Exchange Rate Falls Further To N718/$1 At Black Market.
Naira has depreciated to a record low at the black market after the local currency closed trading at N718/$1. This…
Central Bank Of Nigeria’s July 2022 Treasury Bills Auction Records 23%…
It is worth noting that, despite the rise in the interest rate, increased inflationary pressure to 18.6% in June…
Nigerians Run To Crypto Amid Falling Naira, Bitcoin P2P Trading Surge By 258% In 7…
Many Nigerians are hedging against collapsing local currency by amassing dollar-denominated digital assets, in…