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04 Apr 2025 04:02

Sell-off in bond markets in global markets

Daily News

Ahead of Wednesday’s critical US inflation data, bonds are on the rise. On Monday, US government bonds fell across all major maturities in Asian trading, while th...

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04 Apr 2025 04:02

The automotive market grew, production shrank

Daily News

According to data from the Automotive Industry Association (OSD), automotive production fell by 21.2 percent in August compared to the same month of the previous ...

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04 Apr 2025 04:02

FDA approves updated Covid vaccines

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The U.S. Food and Drug Administration (FDA) has approved updated mRNA Covid-19 vaccines formulated to target widely circulating variants. The FDA made a statement...

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04 Apr 2025 04:02

Chinese Premier Li's message to Biden: "China's development is not a threat, but an opportunity"

Daily News

Chinese Premier Li Jiang reportedly stated that “China’s development is not a threat but an opportunity for the US” during her meeting with US President Joe Biden...

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04 Apr 2025 04:02

Deal gives a breath of fresh air to Chinese Country Garden in crisis

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China’s struggling real estate developer Country Garden has won approval from its creditors to extend the repayment of six bonds it issued in China by three years...

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04 Apr 2025 04:02

JPMorgan CEO warns investors

Daily News

JPMorgan Chase CEO Jamie Dimon said on Monday that it would be a “big mistake” to believe that while the U.S. economy is doing well, it will last for years. JPMor...

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04 Apr 2025 04:02

Inflation message from Japan's Finance Minister

Daily News

Japanese Finance Minister Shunichi Suzuki said he expects the Bank of Japan to conduct monetary policy appropriately and work with the government to achieve its i...

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04 Apr 2025 04:02

Oil trending upwards

Daily News

Oil rose to trade near its highest level this year ahead of reports that could offer more insight into market balance. U.S. crude rose to $88 a barrel after shedd...

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04 Apr 2025 04:02

Economists say Fed rate hikes are over

Daily News

According to the chief economists of American banks, the Fed is done raising interest rates and will start cutting rates next year. According to a survey conducte...

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04 Apr 2025 04:02

Fed official supports plan to increase bank capital

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Michael Barr, the Vice Chairman of the Federal Reserve (Fed) for Supervision, stated that the proposed regulation to increase bank capital could increase banks’ f...

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04 Apr 2025 04:02

Spain reacts to EU decision to halt aid to Palestine

Daily News

Spanish Deputy Prime Minister Yolanda Diaz reacted to the freezing of European Union (EU) development aid to Palestinians while conflict between Israel and Palest...

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04 Apr 2025 04:02

Truck manufacturer Mack Trucks also begins strike

Daily News

In the US, the United Automotive Workers Union (UAW) announced that approximately 4,000 of its members have decided to strike at the Pennsylvania, Maryland and Fl...

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04 Apr 2025 04:02

Fed Vice Chairman Jefferson comments on interest rates

Daily News

Fed Vice Chairman Philip Jefferson said the central bank should be careful about further increases in the benchmark federal funds rate, adding that “we are in a d...

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04 Apr 2025 04:02

Yellen: We will prevent evasion of Russian oil price cap

Daily News

Treasury Secretary Janet Yellen said she was preparing to block any evasion of the G7’s price cap on Russian oil because recent market prices suggested the mechan...

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04 Apr 2025 04:02

Oil calms down after rally

Daily News

Oil prices settled after their biggest rise in six months on the prospect of escalating tensions in the Middle East. U.S. crude rose 4.3 percent on Monday to trad...

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04 Apr 2025 04:02

US bond rally

Daily News

The Fed members’ messages, along with the search for a safe haven against increasing geopolitical risks following the Israel-Hamas conflict, also played a role in...

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04 Apr 2025 04:02

New move from the EU regarding Chinese steel

Daily News

According to the British Financial Times, the European Union (EU) plans to cooperate with the US to launch an anti-subsidy investigation into Chinese steelmakers....

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04 Apr 2025 04:02

Interest rate exit from ECB member: At the right level

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The President of the Bank of France and a member of the Executive Board of the European Central Bank, Francois Villeroy de Galhau, said that interest rates are at...

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04 Apr 2025 04:02

The IRS has found Microsoft owed nearly $29 billion in taxes

Daily News

Microsoft has announced that it has received a notification from the U.S. Internal Revenue Service (IRS) for an additional tax payment of $28.9 billion. Microsoft...

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04 Apr 2025 04:02

US auto workers strike at Ford truck plant

Daily News

In the US, the United Auto Workers Union (UAW) announced that 8,700 of its members went on strike at Ford's truck plant in the state of Kentucky. The UAW statemen...

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04 Apr 2025 04:02

Citi: Be mindful of energy in times of geopolitical risk

Daily News

Citi says the impact of Middle East tensions on stocks will likely be on energy prices. With Israel-Hamas concerns over oil supplies rising, Citi says the main dr...

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