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China NDRC Approves 16 Fixed-Asset Investment Projects Worth $6.96 bln In Q1
China's state planner said on Monday that it approved 16 fixed-asset investment projects worth a total of 45.4…
Dollar Pinned Near One-Month Low Amid Subdued U.S. Yields
The dollar was pinned near a one-month low to major peers on Monday, with Treasury yields hovering near the lowest…
Goldman Sachs Invests $69 Million In Britain’s Starling Bank
British digital bank Starling said on Monday that Goldman Sachs (GS.N) had invested 50 million pounds ($69 million)…
ABN Amro To Settle Money Laundering Probe For $574 mln
Dutch bank ABN Amro on Monday said it had reached a 480-million-euro ($574 million) settlement with prosecutors in…
Microsoft To Invest $1 bln In Malaysia To Set Up Data Centres – Malaysian PM
Microsoft Corporation will invest $1 billion over the next five years in Malaysia as part of a new partnership…
Credit Suisse Serves Investors Thin Gruel As Wall Street Feasts On Deals
While Wall Street rivals feast off a boom in trading and deals, Credit Suisse is stuck in limbo.
The collapse of…
ESR, GIC To Buy Australian Logistics Property Portfolio From Blackstone For $2.9…
Logistics real estate manager ESR Cayman Limited (1821.HK) said it will join with Singaporean sovereign wealth fund…
India May Build New Coal Plants Due To Low Cost Despite Climate Change
India may build new coal-fired power plants as they generate the cheapest power, according to a draft electricity…
Investor Group Calls For Banks To Set Tougher Climate Targets
A group of investors managing $11 trillion in assets has called on banks to set tougher emissions targets ahead of…
Coinbase Chief Executive Armstrong Sold $291.8 Million In Shares On Opening Day
Coinbase Chief Executive Brian Armstrong sold about $292 million in shares in total during the cryptocurrency…
The ‘Metaverse’ Bet: Crypto-Rich Investors Snap Up Virtual Real Estate
What do you do with a $69 million artwork that doesn't physically exist?
That's the question faced by the…
Clubhouse Closes New Round Of Funding That Would Value App At $4 Billion
Audio-chat app Clubhouse closed a new Series C round of financing, the company said during its weekly town hall on…
Fed’s Waller Says U.S. Economy ‘Ready To Rip’ But Inflation Will…
The U.S. economy is set to take off this year as more Americans get COVID-19 vaccinations and become comfortable…
Morgan Stanley Reveals $911 Million Archegos Loss As Profit Jumps
Morgan Stanley (MS.N) lost nearly $1 billion from the collapse of family office Archegos Capital Management, the…
S&P 500, Dow Hit Record Highs On Bank Earnings Boost
The S&P 500 and the Dow hit record highs on Friday after Morgan Stanley wrapped up bumper quarterly earnings…
Bitcoin Price Drops After Turkey Bans Cryptocurrency Payments
The price of bitcoin (BTC-USD) descended from record highs on Friday following a decision by Turkey's central bank…
Euro Zone Yields Rise As U.S. Treasury Yields Jump Back After Rally
Euro zone bond yields rose on Friday, following an overnight jump in U.S. Treasury yields after a hefty rally a day…
Why Banks Need To Pay Attention To Where A Digital Euro Is Heading
The European Central Bank makes clear that the development of its “digital euro” will take several years. Yet given…
Inflationary Pressures To Feed Expectations For Further Yield Increases
According to the National Bureau of Statistics (NBS), Nigeria's headline inflation rose for the 19th consecutive…
Qatar May Allow Foreigners To Fully Own Listed Companies
Qatar may allow foreign investors to fully own listed companies, in a move that could trigger more than $1 billion…
Dollar Heads For Second weekly Loss On Fed’s Lower-For-Longer Stance
The dollar headed for its worst back-to-back weekly drop this year amid an extended retreat in Treasury yields as…
Hong Kong Tycoon Jimmy Lai, Others To Be Sentenced For Illegal Assembly
Hong Kong media tycoon Jimmy Lai and nine other pro-democracy activists are expected to be sentenced on Friday…
City Of London Brexit Hit Worse Than Expected, Says Study
Over 400 financial firms in Britain have shifted activities, staff and a combined trillion pounds ($1.4 trillion)…
ARK buys $110m Coinbase Shares, Adding To Positions
Celebrity stockpicker Cathie Woods' ARK funds bought more shares of Coinbase (COIN.O) worth $110 million a day…
Investor Einhorn Says Palihapitiya, Musk Poured ‘Jet Fuel’ On GameStop
Investor David Einhorn said on Thursday that prominent venture capitalist Chamath Palihapitiya and entrepreneur…
Hyundai Motor Group Names New Chief For Mobility Division
Hyundai Motor Group said on Friday it has formed a new mobility division to launch more service models and named an…
World Stocks Near Record Highs As China, U.S. Data Back Global Recovery Hopes…
Global stocks stood near record highs on Friday after strong U.S. and Chinese economic data cemented expectations…
Pfizer CEO says third Covid vaccine dose likely needed within 12 months
Pfizer CEO Albert Bourla said people will “likely” need a booster dose of a Covid-19 vaccine within 12 months of…
Mercedes-Benz Unveils new flagship EQS electric sedan to take on Tesla
Mercedes-Benz believes its new EQS sedan will redefine the all-electric luxury vehicle segment as it competes…
The CPI And Forex: How CPI Data Affects Currency Prices
In this article, we’ll explore CPI and forex trading, looking at what traders should know about the…