BOJ’s Kuroda Says No Plan To ‘Permanently Reduce’ ETF Buying, Shrugs Off Fears Of Asset Bubble
Japan’s central bank has no plans to “permanently reduce” its purchases of exchange-traded funds (ETF), its governor said on Tuesday,…
Category: World
Brent Oil Holds Above $63 With Cold Snap Disrupting U.S. Supply
Brent oil held gains in Asia after closing at the highest level in more than a year as electricity blackouts…
Euro Zone Eyes March-May Decisions On Post-COVID Econ Support Tapering
The euro zone is likely to decide between March and May when and how governments would start tapering support to…
U.S. Oil Wells, Refineries Shut As Winter Storm Hits Energy Sector
A deep freeze across the United States is taking a toll on the energy industry in the largest U.S. crude-producing…
Bank Of America Names The Emerging Market Currencies To Back As Inflation Risks Mount
With global demand returning and supply bottlenecks likely to drive up shipping, food and energy prices, Bank of America believes emerging market…
Dollar In Doldrums As Recovery Optimism Thrives
The U.S. dollar was pinned down on Tuesday, as vaccine optimism boosted the British pound to an almost three-year high,…
Officialy: Okonjo-Iweala appointed as WTO DG
The former Minister of Finance, Ngozi Okonjo-Iweala has been appointed as the Director-General of the World Trade Organisation. Okonjo-Iweala, whose…
All JLR Cars To Be Fully Electric By 2030; Jaguar All Electric By 2025
Jaguar Land Rover’s car range will be fully electric by 2030 as the carmaker joins a global race to develop…
Exclusive: EU Antitrust Regulators To Okay Siemens Healthineers’ $16.4 Billion Varian Buy – Source
EU antitrust regulators are set to grant conditional clearance to German health group Siemens Healthineers’ $16.4-billion bid for U.S. peer…
Investors Left To Fly Blind On Bid Approaches
For even the most battle-hardened private investor or self-possessed institutional fund manager, divesting some stock and then subsequently reading the…
Rolls-Royce Hires Ex-Deloitte Partner Panos Kakoullis As Finance Chief
Rolls-Royce is to appoint a finance director with no experience of a top job at a publicly-listed company. The lossmaking,…
Nissan Says ‘Not In Talks With Apple’ Over Autonomous Car Project
Nissan Motor Co Ltd said on Monday it is not in talks with Apple Inc, following a report that the…
Mining Stocks Power Gains In Europe On Recovery Optimism
European shares scaled one-year highs on Monday and mining stocks tracked a jump in copper prices as bets of more…
TikTok Is Laying Off Employees In India As Ban Becomes Permanent
TikTok has been forced to lay off some of its workers in India as the country doubles down on what…
Everything You Need To Know About Bitcoin
After years of skepticism, bitcoin is finally gaining mainstream credibility. This week alone, Tesla (TSLA) said it will soon accept bitcoin as payment for…
Bitcoin Hits Record High $50K
Bitcoin hit a new record high and approached $50,000 on Sunday, as Wall Street and Main Street increasingly adopt the…
KPMG’s UK Boss Resigns After Telling Staff Not To ‘Sit There And Moan’ About The Pandemic
The UK chairman of accounting firm KPMG is resigning after he told staff in a meeting to stop complaining about…
Dollar Held Down By Doubts Over Pace Of U.S. Recovery; Bitcoin Retreats From Record High
The dollar started the week pinned near two-week lows on Monday as traders questioned whether the recovery from the pandemic…
UK Pubs Group Mitchells & Butlers To Raise $486 Million
Mitchells & Butlers said on Monday it intends to raise 350 million pounds ($486.05 million) through an open offer of…
Stock Market Operator Euronext Hires UBS’ Novelli As New Chairman
Euronext has hired Piero Novelli, a co-president at Swiss bank UBS, to become its new chairman, the pan-European stock market…
Elon Musk Says He Supports Top Dogecoin Holders Selling Most Of Their Coins
Billionaire Elon Musk said on Sunday that he supports major holders of the meme-based digital currency dogecoin selling most of…
Asian Shares Hit New Peaks, Oil Up On Middle East Tensions
Asian shares advanced to record highs on Monday as successful coronavirus vaccine rollouts globally raise hopes of a rapid economic…
Bitcoin Nears $50,000 As It Reaches Record
Bitcoin reached a new record on Sunday rising above $49,000 for the first time. The world’s largest cryptocurrency reached about…
Big Freeze Threatens Texas With Blackouts As Markets Gyrate
The arctic freeze gripping the central U.S. is raising the specter of power outages in Texas and ratcheting up pressure…
Nigeria’s Grounded Aircraft Fleet Now 63.81%
Nigeria now occupies the third position in the top 10 countries’ list with the highest percentage of grounded fleets. The…
Daimler Recalls 1.29 Million U.S. Vehicles For Software Issue
Daimler AG’s U.S. unit Mercedes-Benz USA said Saturday it is recalling 1.29 million vehicles sold since 2016 because software may…
Tesla To Set Up Electric Car Manufacturing Unit In Southern India
Billionaire Elon Musk’s Tesla Inc will set up an electric-car manufacturing unit in the southern Indian state of Karnataka, according…
Volkswagen CEO Diess ‘Not Afraid’ Of An Apple Electric Car
Germany’s Volkswagen is not concerned by any Apple plans for a passenger vehicle that could include the iPhone maker’s battery…
Bitcoin Nears $50,000, Wider Adoption Fuels Record Rally
Bitcoin hit a new record high and approached $50,000 on Sunday, building on its record rally as Wall Street and…
Mastercard Brings Crypto Onto Its Network
Whatever your opinions on cryptocurrencies — from a dyed-in-wool fanatic to utter skeptic — the fact remains that these digital…