The majority of Asian equities decline prior to Powell's Federal Reserve speech.

The majority of Asian stocks declined on Friday, discouraged by a decline on Wall Street that followed a profit report from Nvidia and conflicting economic data from the United States.

In afternoon trading, the Nikkei 225 decreased 2.0% to 31,634.37. The S&P/ASX 200 in Australia fel...

Asian stocks rise following a Federal Reserve rate hike

After the Federal Reserve raised interest rates to their greatest level in more than two decades, as anticipated by Wall Street, Asian stocks were mostly higher on Thursday.

The focus of the market shifted to a decision by the European Central Bank later in the day and to whether Japan&...

Google says it is creating tools to assist journalists in creating headlines and stories

Google claims it has discussed its ideas with leaders in the news industry and is in the early phases of developing artificial intelligence tools to assist journalists in writing stories and headlines.

Already, questions have been raised regarding whether or not the quickly developing t...

The fourth-quarter results for EVgo blew away Wall Street's expectations, sending the stock soaring

As demand from business customers skyrocketed in the fourth quarter, EV charging network operator EVgo on Thursday reported revenue that surpassed Wall Street expectations and posted a narrower-than-expected loss.

Despite EVgo's revenue guidance for 2023 falling just short of Wall S...

Asian stocks fall following a drop in tech stocks on Wall Street

US futures rose, while oil prices recovered more than $1 per barrel.

Japan updated its GDP figures higher to indicate the economy declined less than previously recorded in July-September, indicating the country survived the latest major COVID wave with less damage than previously assume...

Rivian raises $11.9 Billion in its Wall Street debut

An American automaker, Rivian which specializes in making electric pickup trucks, vans and sport utility vehicles has announced that now it will be raising $11.9 billion in its Wall Street debut.

Highlights

• Rivian is set to deliver 100,000 vans to Amaz...

TOKYO STOCKS OPEN HIGH ON OVERNIGHT GAINS ON WALL STREET

Highlights –

• Tokyo stocks open high on overnight gains on Wall Street.
• The 225-issue Nikkei Stock Average rose 124.69 points, or 0.44 percent.
• The broader Topix index of all First Section issues on the TSE was up 4.59 points, or 0.24 ...

EMPLOYEES OF JP MORGAN LOOK FORWARD TO CRYPTO ASSETS BEING A PART OF THE BANK’S PORTFOLIO

Highlights:

• The cryptocurrency domain, especially Bitcoin is increasingly becoming sought after
• JP Morgan employees look forward to the inclusion of bitcoin as an asset  

When Tesla declared that the company has invested $1.5 billion in bitcoin,...

36 MEMBERS OF US CONGRESS ASK FOR REVIEW OF ACQUITTAL IN DANIEL PEARL’S MURDER CASE

Highlights

• 36 US Congress members urged the nation to undertake a complete review of acquittal of Ahmed Omar Saeed Shaikh in the case of 2002 killing of the Wall Street Journal journalist Daniel Pearl

• In the month of January, Pakistan’s Supreme Court had or...

US STOCKS SURGE OVER REPORTS OF STRONG EARNING AND HIRING DATA

Highlights

• Wall Street stocks were primarily boosted by the results announced by Alphabet and e-commerce giant Amazon as both the companies continued making profits despite the COVID-19 pandemic

• According to the data released by payroll firm ADP, the United State...

RALLY PRECEDING THE US CAPITOL RIOT WAS FUNDED BY TOP TRUMP DONOR: REPORT

Highlights

• The violent storming of the US Capitol on January 6 by Trump supporters was funded by an heiress to the Publix Super Markets chain which donated nearly $300,000 said the Wall Street Journal

• The Journal said Alex Jones himself pledged over $50,000 in se...

BITCOIN CROSSES $23,000 FOR THE FIRST TIME IN HISTORY

Highlights

• According to a composite of prices compiled by Bloomberg, the digital currency went up by over 9 percent on Thursday and touched a record-high of $23,256.92

• The largest digital currency in the world has managed to surge record 220 percent in the year 2...

U.S. STOCKS SURGE ON REVIVED STIMULUS HOPES

Highlights

• As soon as the markets started, the Dow Jones Industrial Average surged 0.4 percent at 30,076.22, while the broad-based S&P 500 also went up by 0.4 percent to 3,680.75

• The tech-heavy Nasdaq Composite was trading 0.2 percent upwards at 12,397.95

TOKYO STOCK OPENED UP ON WEDNESDAY MORNING OVER DOW CLOSING UP

Highlights –

• Tokyo stocks opened up on Wednesday morning over Dow closing up.
• The 225-issue Nikkei Stock Average was up at 416.39 points.
• The Topix index of all First Section issues on the TSE was up at 20.32 points.
• Stock ...

COVID-19 IMPACT: U.S. STOCKS TRADING LOWER THAN EXPECTED

Highlights

• At the opening bell, the Dow Jones Industrial Average index was trading 125.41 points or 0.43 percent lower at 29,313.01, while the S&P 500 index was 13.88 points or 0.39 percent down at 3,553.91

• According to the US Labor Department, initial claims...

TECH STOCKS EXTEND RALLY DESPITE UNCERTAINTY OVER ELECTION RESULTS

Highlights

• The Dow Jones Industrial Average index is currently trading 486.65 points, or 1.75 percent upwards at 28,334.31, while the tech-heavy Nasdaq Composite is 262.49 points, or 2.26 percent up at 11,854.05

• According to the market analysts, regardless of the...

U.S. STOCKS POSITIVE, DOW UP BY 550 POINTS

Highlights

• At 10:18 a.m. Eastern Time, the S&P 500 was trading 2.8 percent upwards, while the Dow Jones Industrial Average was trading up 569 points or 2.1 percent at 28,062 and the tech-laden Nasdaq Composite surged 3.7 percent

• Though it is unclear who will ...

U.S. STOCKS JUMP AS INVESTORS HOPEFUL FOR RECOVERY

Highlights

• The S&P 500 saw weekly slump of 5.6 percent, which was its worst since the month of March, and brought down the index’s  drop to 2.8 percent for October

• Shares of Dow Inc. (DOW) and Honeywell (HON) were in the list of stocks that perform...

U.S. PRESIDENTIAL ELECTIONS LIKELY TO HURT ADVERTISEMENT SALES: TWITTER

Highlights

• On the basis of a statement by Twitter which said that the amount of expenses in the fourth quarter could go up, its shares went down by 16 percent

• Twitter also warned about difficulty to predict how advertisers would react as the election-day is just ...

1MDB SCANDAL: GOLDMAN SACHS WILL PAY OVER $2 BILLION TO SETTLE U.S. CHARGES

Highlights

• According to the reports, Goldman Sachs Group Inc will agree to pay over $2 billion this week to settle U.S. charges over its role in Malaysia’s 1MDB corruption scandal

• Under the agreement with the U.S. Department of Justice and other regulators,...