Following the approval of the law by US President Joe Biden that would ban TikTok, TikTok CEO Shou Zi Chew stated that they expect to win the legal battle they wi...
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Meta, the owner of Facebook, Instagram, and WhatsApp, reported revenue of $36.5 billion in the first quarter of this year, up 27 percent from the same period last...
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The yen has fallen to critically low levels against the dollar, and expectations of “exchange rate intervention” have increased in the markets. As the Bank of Jap...
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Gold extended a three-day slide ahead of inflation data that will shape expectations for U.S. monetary policy and the dollar. Gold extended a three-day slide ahea...
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Oil fell modestly as risk-off sentiment countered a decline in U.S. inventories. Brent crude traded around $88 a barrel after falling 0.5 percent on Wednesday, wh...
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The revenues of US technology companies Microsoft, Alphabet and Intel increased in the January-March period. Microsoft, which accepts the January-March period as ...
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Oil headed for a weekly gain ahead of U.S. inflation data. Oil headed for a weekly gain ahead of U.S. inflation data that could provide more clues about the path ...
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The Bank of Japan left monetary policy unchanged, expects higher inflation in 2024. The Bank of Japan (BOJ) left its policy rate unchanged after its monetary poli...
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Copper tested $10,000 a ton for the first time since 2022. Copper reached $10,000 a ton for the first time in two years as expectations grow that the world’s mine...
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According to Bloomberg Economics’ algorithm that examines Fed statements, it is possible that Fed Chair Jerome Powell will hawkish his messages. According to the ...
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The Japanese yen fell to 158 against the dollar. The yen weakened to 158.43 against the dollar, hitting its lowest level in 34 years. On Friday, the Bank of Japan...
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With expectations of a US interest rate cut this year being pushed back, optimistic analysts say the growth theme will lift stocks. Asian stocks started the week ...
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Gold fell after a weekly decline ahead of the Federal Reserve’s midweek meeting, where policymakers are expected to reaffirm their long-term stance on high intere...
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Oil has fallen as the United States tries to broker a peace deal between Israel and Hamas that would ease geopolitical tensions in the Middle East. Brent crude tr...
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Last week, the US economy grew by 1.6%, below expectations of 2%2.5 growth. When the slowdown in the economy was accompanied by rigidity in inflation, the decline...
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Bank of America sees good news for stocks in the week ahead Bank of America (BofA) sees good news ahead that puts risks to stocks upside. “Our economists see no s...
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Gold is on track for a third straight month of gains on strong central bank and haven demand, while attention is focused on this week’s Fed rate decision meeting,...
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The yen has sparked concerns about intervention after a 34-year U-turn from its 1990 low. The yen has rebounded from its weakest level against the dollar amid spe...
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Oil fell the most in almost two weeks as talks of a possible ceasefire in the Middle East eroded the risk premium for crude. Brent crude traded above $88 a barrel...
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US e-commerce giant Amazon’s sales increased by 13 percent in the first quarter of this year compared to the same period last year, reaching $143.3 billion. Accor...
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American quick-service restaurant chain McDonald's, which has been the target of boycotts due to Israel's attacks on Gaza, saw same-store sales decline in the mar...
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