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China maintains its low credit rates, boosting most Asian markets, while Tokyo's stock surge continues.
Monday saw gains across Asia as the rebound in Tokyo equities continued and talks to raise the U.S. debt ceiling resumed. The Hang Seng index in Hong Kong gained 1.23 percent, making it the region's best performer, and the Hang Seng Technology index gained 2.17 percent. The People's Bank ...
With goals for growth and sustainability in mind, Uniqlo rethinks its retail areas.
Fashion is an important part of life for a lot of people. It also changes all the time and can be very different based on where you live, your age, your interests, and many other things.
If you like Japan and you like fashion, you may already know that Japan has a lot of different fashi...
The conference failed to calm South Korea's semiconductor and auto industries.
Presidents Yoon Suk Yeol and Joe Biden met, but little concrete came out of it to soothe South Korean chip producers' and automakers' concerns about Washington's increasingly protectionist policies, leaving them disappointed. After their meeting on Wednesday, the two presidents held a...
After a surprising cut by OPEC and allies, European markets end the day lower, while oil and gas stocks rise by 4 percent.
Monday's slight decline across Europe's stock markets came as investors focused on the oil market in the wake of a surprise production cut by the OPEC+ alliance.
After being flat for most of the afternoon, the pan-European Stoxx 600 index ended up 0.1%.
Brent crude fut...
What the Financial Markets Are Predicting for 2023
Even if this recession is well expected, it will nonetheless have a significant impact. According to Barclays Capital Inc., the year 2023 will be one of the worst for the global economy in the past four decades. The probability of a severe worldwide recession is calculated at 65% by Ned Davis Res...
Ahead of the most recent U.S. jobs reading, Asian stock markets decline
On Friday's Asian stock market action was uneven ahead of U.S. jobs data that could support Federal Reserve plans for larger interest rate increases to curb rising inflation.
Seoul, Tokyo, and Hong Kong all withdrew as Shanghai moved forward. Over $1.50 per barrel was added to the p...
To Meet EU Regulations Google Will Offer Alternative Billing Methods
As per the new regulations of the European Union, Google has proclaimed to facilitate its European users with alternative payment methods for the Google Play application.
This announcement was made in recognition of the recent Digital Markets Act which called for Google Play and similar...
In the upcoming twelve months, 66 per cent of Singaporean businesses intend to expand into new markets
Following the lessons learnt from the epidemic, businesses all around the world, including Singapore, are preparing significant investments in digital technologies to support ambitious expansion ambitions. According to recent findings from Equinix, Inc.'s annual survey of 2,900 technology dec...
According to the EU antitrust chief, big IT is now regulated like banks
"The Digital Markets Act (DMA) will (now) define the rules of the game for corporations who act as gatekeepers," EU competition head Margrethe Vestager told reporters hours after the bill was enacted.
This was "done a long time ago in areas such as finance, telecommunicat...
The impact of Russia's invasion of Ukraine on energy markets
Gulf oil and gas producers may strive to grab market share from Russia while also providing Europe with energy stability.
While the United States expands its LNG export capacity to Europe, the Gulf will be the main spare capacity producer for both LNG and oil. In this regard, three nati...
In mid-March, NMC Healthcare is anticipated to emerge from administration
As a result of the appointment of a new board, NMC Healthcare is likely to emerge from administration around the middle of March, according to a senior official.
Michael Davis, CEO of NMC Healthcare, said the business is open to acquisitions that would support its development plan, but ...
El Salvador has already bought 400 bitcoins, worth $ 20 million
Highlights
- El Salvador is the world’s first country to legalize Bitcoin
- The country has purchased 400 Bitcoins before its roll-out
El Salvador becomes the first country to adopt Bitcoin as legal tender on Tuesday. This is the b...
SOUTH KOREA OIL IMPORT SURGED
Highlights:
- The US crude oil exports have surged as South Korea's flow has surged after a multi-year low the week before.
- The average oil imports to South Korea averaged 933,655 b/d which is the highest weekly average since Jan 24, 2020.
SOUTH KOREA STOCK MARKET TO SLUMP FURTHER
Highlights:
- The South Korean stock market has slumped on Monday with a fall of almost 130 points which is equivalent to 4.2 percent.
- The KOSPI settled just above 3,130 point plateau and it is expected to slump further.
- Major losses ar...
EUROPEAN STOCK MARKET SLUMP
Highlights:
- The European stock market has slumped on Thursday as the markets across the globe are tensed due to the latest US inflation data.
- European markets have followed the negative trend which can be seen in the Asia-Pacific region. ...
UN: INDIA GDP EXPECTS TO SURGE 7.5% IN 2021
Highlights:
- The United Nations (UN) has surged India’s growth forecast to 7.5 percent in 2021, however, they also predicted that India’s outlook for the year will remain fragile.
- The forecast has grown by 0.2 percent from its project...
SENSEX ENDS THE DAY WITH A SURGE OF 272 POINTS
Highlights:
- The benchmark S&P BSE Sensex rolled between a band of 400 points.
- The BSE ended the day with a surge of 272 points which is equivalent to 0.5 percent and settled at 48, 950.
- On NSE, the 50 share index surged by 107 points wh...
AUSTRALIAN STOCKS CLOSED LOWER ON MONDAY
Highlights:
- The shares of Australia have closed lower on Monday
- The S&P/ASX 200 has been decreased by 0.21 percent to 7,045.6 points
On Monday, the shares of Australia has been decreased in the holiday-thinned trade, as the inves...
AUSTRALIAN STOCK MARKET CLOSED LOWER ON TUESDAY
Highlights:
- The stock market of Australia has been closed lower on Tuesday
- The S&P/ASX index has been closed 0.1 percent lower after gaining around 0.5 percent in the early trading
The stock market of Australia has surrendered th...
AUSTRALIA URGED TO EXPAND THE MINING EXPORT MARKETS
Highlights:
- Australia has urged for the expansion of the mining export markets
- Gold, iron ore, nickel and bauxite had also been listed as the commodities that are most dependent on a single market
The mining industry of Australia is ...