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World News
10:01am, Thursday, Apr 04, 2024
Citi predicts further rises in cocoa and coffee prices amid adverse weather and high demand. Insights on future market trends and price forecasts.
08:22am, Wednesday, Apr 03, 2024
March sees Eurozone inflation fall to 2.4%, a drop more significant than forecasts predicted, signaling a potential easing cycle beginning as early as summer. This decline hints at a slow but steady journey toward stabilizing the economy.
06:21am, Tuesday, Apr 02, 2024
In a landmark settlement, Google agrees to delete billions of private browsing records and impose limits on tracking, addressing a class action lawsuit over privacy violations in Incognito mode.
05:58am, Tuesday, Apr 02, 2024
Former President Donald Trump's net worth nosedives by over $1 billion as Truth Social's parent company, Trump Media & Technology Group, reveals a $58 million loss and scant revenue in 2023.
05:09am, Friday, Mar 29, 2024
Sam Bankman-Fried, FTX's founder, faces a 25-year prison sentence for an $8 billion fraud, marking the end of his meteoric rise and fall in the cryptocurrency world.
05:25am, Thursday, Mar 28, 2024
FTX co-founder Sam Bankman-Fried faces a potential 110-year sentence for defrauding customers, investors, and lenders. As Manhattan federal Judge Lewis Kaplan prepares to deliver the verdict, the crypto world awaits the impact of one of its most significant legal reckonings.
04:30am, Wednesday, Mar 27, 2024
Donald Trump's media venture, Trump Media & Technology Group (TMTG), experiences a significant surge in its Nasdaq debut, with shares jumping by 59%. Closing 16% higher, the company's valuation nears $8 billion, despite modest revenues and operational losses, driven by strong supporter enthusiasm.
04:22am, Wednesday, Mar 27, 2024
Due to increased bank caution over U.S. sanctions, Russian oil firms encounter significant payment delays from China, Turkey, and the UAE. This move aligns with Washington's objectives to disrupt Kremlin revenues without hindering global energy supplies.
04:17am, Wednesday, Mar 27, 2024
In a significant diplomatic engagement, China's President Xi Jinping meets with prominent US executives and academics at the Great Hall of the People in Beijing, reinforcing dialogues amidst ongoing tensions over transparency and investment.
01:52pm, Tuesday, Mar 26, 2024
A major bridge collapse at the U.S. port of Baltimore disrupts traffic, impacting over 40 ships and key imports and exports flow. The incident underscores the port's vital role in global shipping, especially for automobile and agricultural product shipments.
08:13am, Monday, Mar 25, 2024
China intensifies its efforts towards technological autarky by implementing new guidelines to phase out US microprocessors from Intel and AMD in government computers. This move aims to bolster domestic technology amidst escalating US-China tensions.
05:41am, Monday, Mar 25, 2024
The Bank of Japan concludes its negative interest rate policy, a pivotal change influenced by robust wage growth negotiations. This strategic move, aimed at fostering sustainable inflation and economic growth, could reshape Japan's monetary landscape and the global financial market dynamics.
08:07am, Friday, Mar 22, 2024
Viking Therapeutics emerges as a significant player in the weight loss drug market, with its latest data suggesting a "best-in-class" potential.
10:42am, Thursday, Mar 21, 2024
Reddit's IPO prices at $34 per share, valuing the social media giant at $6.4 billion as it makes its NYSE debut. This move, anticipated amidst a tech IPO drought, reflects investor interest in tech and social media sectors.
05:14am, Thursday, Mar 21, 2024
Fed Chair Jay Powell announces plans to slow the quantitative tightening process, aiming to ensure financial market stability. This strategy adjustment seeks to carefully manage long-term interest rates and prevent market disruptions experienced in past efforts.
09:02am, Wednesday, Mar 20, 2024
Chipotle Mexican Grill (CMG) reveals a massive 50-for-1 stock split, sending shares soaring. Awaiting shareholder vote in June, the move aims to make shares more accessible and could influence trading dynamics.
04:30am, Wednesday, Mar 20, 2024
In its upcoming meeting, the Federal Reserve faces the challenge of updating economic projections without significantly altering the monetary policy outlook. Amid shifting expectations, a steady approach to rate cuts is anticipated, keeping a keen eye on inflation.
04:21am, Tuesday, Mar 19, 2024
Marking a significant economic shift, Japan concludes its negative interest rate policy, introducing a slight hike in short-term interest rates. This strategic move aims to foster a healthier economic cycle, reflecting moderate recovery and stronger wage-price dynamics.
09:50am, Monday, Mar 18, 2024
The SEC penalizes Delphia (USA) Inc. and Global Predictions Inc. for false AI usage claims, highlighting the growing regulatory scrutiny over the authenticity of artificial intelligence applications in finance.
04:58am, Tuesday, Feb 13, 2024
Federal Reserve is set to release the inflation figures today, the financial markets are abuzz with anticipation.
02:21pm, Tuesday, Feb 06, 2024
Recent escalations in Middle East tensions, particularly between Israel and Hamas, have led to a sharp increase in oil prices.
03:17am, Tuesday, Feb 06, 2024
Federal Reserve Chairman Jerome Powell recently voiced concerns that the ongoing banking sector challenges could lead to tighter credit availability for households and businesses, potentially hampering economic growth.