News

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11 Dec 2024 05:35

BofA Economists Expect China's Exports to Remain Strong

Daily News

BofA economists Xiaoqing Pi and Anna Zhou expect that China's exports will remain strong in the near term due to front-loaded orders, ahead of potential tariff sh...

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11 Dec 2024 05:35

International Logistics Distribution Networks and Trade Show Venue Construction Support Included in Prefinancing Scope

Daily News

Forex - Foreign logistics distribution networks and exhibition area construction support are now included in the pre-financing scope.

In a statement made by the...

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11 Dec 2024 05:35

Oil Rises on Hopes That China's 'Looser' Monetary Policy Will Boost Demand

Daily News

Oil prices rose as market participants anticipated an increase in demand from the world's largest crude oil importer, following China's announcement of a looser m...

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11 Dec 2024 05:25

Goldman Sachs Maintains Bullish Outlook on Gold Despite Strengthening Dollar

Daily News

Goldman Sachs reiterated its bullish outlook on gold prices, arguing against the notion that gold will not rise to $3,000 per ounce by the end of 2025 in a world ...

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11 Dec 2024 05:25

Trump Selects New Ambassador to Turkey from the Market

Daily News

Forex - Donald Trump, the 47th president of the United States, announced that he has nominated Tom Barrack, the founder of the investment firm Colony Capital, as ...

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11 Dec 2024 05:25

S&P Global Downgrades Intel's Credit Rating Amid Slow Recovery and Management Changes

Daily News

On Tuesday, S&P Global Ratings downgraded semiconductor manufacturer Intel Corp's (NASDAQ: INTC.O) credit rating from 'BBB+' to 'BBB' due to slow business recover...

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11 Dec 2024 05:20

ADB Expects Japan's Economy to Contract This Year and Recover Next Year

Daily News

According to a report published by the Asian Development Bank (ADB), the Japanese economy is expected to contract in 2024 and recover in the following year. The r...

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11 Dec 2024 05:10

Boeing's Aircraft Deliveries Decline to 13 in November

Daily News

Forex - Boeing reported that it delivered 13 commercial jets in November, which is less than a quarter of the 56 jets it delivered to customers a year ago. During...

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11 Dec 2024 03:45

BIS: Governments Must Cut Spending or Risk 'Too Late' Panic in Markets

Daily News

Forex - The Bank for International Settlements (BIS) has urged global policymakers to take action on rising debt levels, warning that failure to do so could expos...

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10 Dec 2024 21:52

After-Hours Movers: GM, Stitch Fix, Dave & Buster's, GME, and More

Daily News

After-Hours Stock Movements:
General Motors (NYSE: GM) rose by 2.4%. The company announced that it would no longer finance Cruise's robotaxi development efforts...

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10 Dec 2024 21:24

MicroStrategy Stock Soars 3.3% Amid Nasdaq 100 Inclusion Speculations

Daily News

On Tuesday, MicroStrategy, Inc. (NASDAQ:MSTR) shares rose by 3.3% amid speculation regarding the company's potential inclusion in the Nasdaq 100 index. This incre...

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10 Dec 2024 21:08

BMW Praises Tesla's Full Autonomous Driving Technology on Social Media

Daily News

In a social media post reaching 2.6 million followers, BMW explicitly praised the capabilities of Tesla's Full Self-Driving (FSD) technology version 13.2. "[V]ery...

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10 Dec 2024 20:48

U.S. Steel Stocks Drop Following Biden's Plans to Block Nippon Steel Deal - Bloomberg

Daily News

Shares of United States Steel Corp. fell significantly by over 11% following news that President Joe Biden would block the company's $14.1 billion sale to Nippon ...

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10 Dec 2024 20:41

Judge Halts $25 Billion Kroger-Albertsons Merger

Daily News

Shares of Albertsons Companies Inc. fell by over 4% following a U.S. District Judge's decision to block the proposed $25 billion merger with The Kroger Co. The ru...

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10 Dec 2024 20:18

BLS Attributes Recent Errors to Leadership Rather Than Data Accuracy

Daily News

The U.S. Bureau of Labor Statistics (BLS) has come under scrutiny due to a series of mistakes this year, with a report released on Tuesday attributing the issues ...

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10 Dec 2024 20:10

Apple to Introduce Satellite Connectivity in Smartwatches by 2025 - Bloomberg

Daily News

According to a report, Apple Inc. plans to enhance its technology products by adding satellite connectivity to the Apple Watch series, particularly the Apple Watc...

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10 Dec 2024 20:01

PNC Financial Aims to Acquire Banks with Strong Retail Deposits

Daily News

William Demchak, CEO of PNC Financial Services Group, expressed the company's interest in pursuing merger and acquisition (M&A) opportunities with banks that have...

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10 Dec 2024 17:51

Voya Financial Shares Decline Following Weak Q4 Forecast

Daily News

Voya Financial (NYSE:VOYA) shares experienced a significant drop of up to 8.6% on Tuesday. This marked the largest intraday decline since February and came after ...

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10 Dec 2024 17:39

Walgreens in Ongoing Talks for Private Equity Acquisition

Daily News

Walgreens Boots Alliance shares rose by 5% following news that the company is in talks with Sycamore Partners for a potential acquisition, leading to a temporary ...

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10 Dec 2024 17:16

Charter Communications Shares Surge on CEO's Optimism

Daily News

On Tuesday, Charter Communications (NASDAQ:CHTR) experienced a notable increase in its stock price, rising by 5.5% after CEO Chris Winfrey expressed positive view...

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10 Dec 2024 17:02

Boeing Shares Soar with November Delivery Report

Daily News

Boeing's shares rose by 4.9% after the company announced its commercial jet delivery figures for November. The aerospace giant delivered 13 commercial jets during...

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