News

image
19 Dec 2024 04:45

Fed's Message to Slow Down Interest Rate Cuts Shakes Wall Street

Daily News

Forex - The announcement by Fed Chair Powell that they will be moving more slowly and cautiously regarding future interest rate cuts shook Wall Street and led to ...

Read More
image
19 Dec 2024 04:45

Apple in Talks with Tencent and ByteDance to Launch AI Features in China

Daily News

Apple (NASDAQ:AAPL) is in discussions with Tencent and ByteDance, the owner of TikTok, to integrate artificial intelligence models into iPhones sold in China. Sou...

Read More
image
19 Dec 2024 04:35

Mortgage Rates Rise in China for the First Time Since 2021

Daily News

According to new data from research firm Data Motion International Trading Pte, Chinese banks have increased the costs of mortgage loans for the first time in thr...

Read More
image
19 Dec 2024 04:20

El Salvador Reverses Decision to Make Bitcoin Legal Tender Amidst IMF Loan Negotiations

Daily News

The government of El Salvador, led by President Nayib Bukele, has agreed to withdraw its ambitious plan to accept Bitcoin as legal tender in order to secure a $1....

Read More
image
19 Dec 2024 04:15

TANKER REPORT - Bosphorus Strait Closed to Transit Due to Fog

Daily News

Due to reduced visibility caused by fog, the Bosphorus Strait has been closed to transit traffic. According to information received, fog has occurred around the B...

Read More
image
19 Dec 2024 04:05

Trump Opposes Spending Deal to Prevent Federal Government Shutdown

Daily News

Forex - President-elect Donald Trump opposed the government funding bill backed by Republicans, aligning himself with Elon Musk's fight against the package, there...

Read More
image
18 Dec 2024 19:39

Nippon Steel's Bid for U.S. Steel May Be Blocked by President Biden

Daily News

Investing.com -- Based on a letter reviewed by sources, Nippon Steel's $14.9 billion acquisition bid for U.S. Steel did not receive approval from the U.S. Committ...

Read More
image
18 Dec 2024 19:35

Saudi Arabia's Central Bank Cuts Interest Rate by 25 Basis Points

Daily News

The Saudi Arabian Monetary Authority (SAMA) has reduced the benchmark repo and reverse repo interest rates by 25 basis points. According to the announcement from ...

Read More
image
18 Dec 2024 19:35

Gold Prices Decline After Fed's Interest Rate Decision and Projections

Daily News

Despite the expected 25 basis point cut in interest rates at today's FOMC meeting, spot gold prices have declined. The decrease in spot gold prices was influenced...

Read More
image
18 Dec 2024 19:30

Qatar Central Bank Cuts Interest Rate by 30 Basis Points

Daily News

Forex - The Qatar Central Bank (QCB) has reduced the policy interest rate by 30 basis points. According to a statement from the QCB, the benchmark repo rate has b...

Read More
image
18 Dec 2024 19:30

UAE Central Bank Cuts Interest Rates by 25 Basis Points

Daily News

Forex - The Central Bank of the United Arab Emirates (CBUAE) has lowered the policy interest rate by 25 basis points. According to the announcement from CBUAE, th...

Read More
image
18 Dec 2024 19:25

Cleveland Fed President Casts Vote to Keep Interest Rates Steady at FOMC Meeting

Daily News

Cleveland Fed President Beth Hammack opposed the Federal Reserve's decision to cut interest rates by a quarter point, expressing a preference to maintain rates be...

Read More
image
18 Dec 2024 19:25

Bahrain Central Bank Cuts Interest Rate by 25 Basis Points

Daily News

Forex - The Central Bank of Bahrain (CBB) has reduced its policy interest rate by 25 basis points. According to a statement from the CBB, the overnight deposit ra...

Read More
image
18 Dec 2024 19:20

Fed Cuts Interest Rates Again, but Signals More Doubt Ahead

Daily News

Forex - The Fed has once again lowered interest rates. It accepted a reduction of a quarter of a point but showed more signs of skepticism regarding how much and ...

Read More
image
18 Dec 2024 19:15

Fed Officials Upgrade Growth Forecasts for This Year and Next

Daily News

Forex - Federal Reserve officials have revised their growth expectations upward for this year and the next; while the median interest rate forecast remains unchan...

Read More
image
18 Dec 2024 19:00

Fed Reveals Interest Rate Decision

Daily News

The Federal Reserve has announced its interest rate decision. A 25 basis point reduction in the interest rate has been implemented, with the federal funds rate lo...

Read More
image
18 Dec 2024 18:30

Spain Investigates Airbnb Over Unregulated Rental Offers

Daily News

Spain has launched an investigation into the popular home-sharing platform Airbnb for failing to remove thousands of rental listings. This move is part of an effo...

Read More
image
18 Dec 2024 18:18

MTA Approves $20 Billion Budget Featuring Wage Increases for 2025

Daily News

Investing.com -- The Metropolitan Transportation Authority (MTA), the largest public transportation provider in the U.S., has approved an operating budget of appr...

Read More
image
18 Dec 2024 17:55

Ford Motor Appoints New Quality Chief to Address Quality Issues

Daily News

Investing.com -- Ford Motor confirmed on Wednesday that it will appoint a new quality chief. This change is part of Ford's efforts to improve its recall record an...

Read More
image
18 Dec 2024 17:53

Response from the Air Force Secretary to SpaceX's Security Concerns

Daily News

On Tuesday, Secretary of the Air Force Frank Kendall responded to concerns raised by Democratic senators regarding Elon Musk’s reported discussions with Russian l...

Read More
image
18 Dec 2024 17:45

Quantum Stocks Soar with New File System Client

Daily News

Investing.com -- Quantum Corporation (NASDAQ: QMCO) shares surged by 140% following the announcement of a new parallel file system client designed to enhance NVID...

Read More