European Markets Inch Higher As Global Stocks Near Record High
European stocks were modestly higher Friday as investors look to vaccine rollouts for hopes of normalization, while global markets flirt…
Category: World
Kuaishou Share Price Nearly Triples On Market Launch
Shares of the Chinese short-form video app Kuaishou surged more than 190% on the company’s launch on Hong Kong’s stock…
Mortgage Refinancing Suddenly Surges, But Homebuyers Stall Due To Sticker Shock
Mortgage rates fell for the first time in nearly a month, and that lit a fire under current borrowers who…
Small-Stock Mania Calls For Big-Picture Thinking
The GameStop saga is high drama, but is it an invitation to regulation? Securities sheriffs will soon decide. Newly minted…
METALS-Industrial Metals Rise On Risk Appetite, Firm Dollar Weighs
Most industrial metals rose on Friday as appetite for riskier assets returned following a fading GameStop-style frenzy, although a stronger…
Subsiding Layoffs Raise Cautious Optimism For U.S. Labor Market
The number of Americans filing new applications for unemployment benefits decreased further last week, suggesting the labor market was stabilizing…
Loan Charges Weigh On BNP Paribas Profits Amid COVID-19 Crisis
Charges linked to the COVID-19 pandemic ate into BNP Paribas’ net profit in the fourth quarter as the lender set…
China Shares Post Weekly Gains On Economic Recovery; Sino-U.S. Tensions Weigh
China stocks ended higher for the week on Friday, as investors found support from a continued economic recovery, though Sino-U.S.…
COVID-19 Raising Cancer Deaths, Say WHO, Specialists
As nations mark World Cancer Day today, there are concerns that COVID-19 has further reduced the chances of survival of…
StarHub, Nokia Support 5G Rollout
StarHub and Nokia are to deploy a cloud-native core network for standalone (SA) 5G services scheduled for launch this year,…
International Monetary Fund(IMF) Reviews Debt Sustainability Framework To Address COVID-19 Economic Impacts
New document to take effect in Q4 2021 Following concern over sovereign debts, the International Monetary Fund (IMF), has reviewed…
Asia-Pacific Stocks Fall; Hyundai, Kia Shares Nudge Higher After Report Of Potential Apple Deal
SINGAPORE — Shares in major Asia-Pacific markets slipped on Thursday, with South Korea leading the losses. The Kospi in South Korea declined…
These Workers Could See The Biggest Pay Bump From A $15 Federal Minimum Wage
Millions of workers in the U.S. could be in for a pay raise as Democrats move to pass a $15…
Dollar Strengthens On U.S. Economic Outlook; Euro Dips Below $1.20
The dollar strengthened to two-month highs against the euro and yen, after data pointed to an improvement in the U.S.…
Gold, Silver Retreat As Dollar Gains Upper Hand
Gold and silver slipped on Thursday, as the dollar and U.S. Treasury yields gained and markets awaited clarity on U.S.…
Deutsche’s Trim Investment Bank Is Model For Peers
In recent years, the mere mention of Deutsche Bank’s wholesale business has been enough to elicit a titter from rival…
Investment Banking Boom Lands Deutsche Bank First Profit Since 2014
Deutsche Bank eked out a small annual profit in 2020, its first since 2014, saying on Thursday it had made…
China’s Big Tech Companies Are Now Fighting With Each Other
As China sharpens its antitrust crackdown on the country’s massive tech companies, two of the industry’s biggest players are taking the fight…
Meet Andy Jassy, The Next CEO Of Amazon
Amazon founder Jeff Bezos will transition from CEO to executive chair and pass the reins to Andy Jassy, a 24-year…
Satellite Boom Attracts Technology Giants
Earlier this month, 10 payloads were lofted on the Virgin Orbit rocket, which was launched from under the wing of one of…
Alibaba Revenues Soar But Ant Group Float Uncertain
The company founded by Jack Ma saw revenues up 37% against the same quarter of 2019 to 221bn yuan ($34.2bn,…
Exclusive: Suspected Chinese Hackers Used SolarWinds Bug To Spy On U.S. Payroll Agency – Sources.
Suspected Chinese hackers exploited a flaw in software made by SolarWinds Corp to help break into U.S. government computers last…
Canada To Partner Nigeria On Sustainable Energy Solutions
Canadian government and businesses have expressed willingness to partner with Nigeria in achieving clean and sustainable energy solutions. Canadian High…
US Treasury’s Yellen To Meet Regulators About GameStop Volatility
United States Treasury Secretary Janet Yellen is calling a meeting of top financial regulators this week to discuss market volatility…
SpaceX’s Starship Test Flight Ends In Fiery Crash, Again
A prototype of a SpaceX rocket the company hopes will one day journey to the moon and Mars has exploded…
How To Get The Most Covid Financial Relief When Filing Your Taxes This Year
No one likes doing their taxes. But there is very good reason for everyone to file a federal tax return this year,…
Uber Is Betting $1.1 Billion On Alcohol Deliveries
Uber’s future used to be self-driving cars. Now it’s delivering alcohol. On Tuesday, the company announced that it is acquiring alcohol delivery…
Europe Stock Futures Track Asia, U.S. Losses On Retail Trading Frenzy Jitters
European stock index futures fell more than 1% on Friday, tracking declines in Asian and U.S. equity markets on caution…