Finance Minister Bruno Le Maire stated on Wednesday that the France administration will tighten controls on foreign direct investments to protect French companies over strategic industries and …
Stuttgart-based car and trucks maker Daimler said that it expects the operating profit from its Mercedes-Benz unit to exceed that of the previous year. The announcement came …
Gold prices rose in Asia earlier on Wednesday, continuing its gains from the previous session. Gold futures gained 0.22% to $1,726 per ounce at 12:16 OM ET …
Australian inflation surged to its most rapid pace in over five years, hitting a 5-1/2 year-high record, according to figures released on Wednesday. However, economic recovery seems …
The dollar fell on Wednesday as re-opening economies lifted the market mood ahead of central bank meetings. The risk-sensitive Australian dollar gained 0.4%, at $0.6517, nearing its …
Asian shares advanced for three consecutive sessions on Wednesday. The upbeat market mood was mainly from investors’ enthusiasm that lockdown restrictions will be lifted in some parts …
U.S. oil prices bounced on Wednesday, recovering some of its losses as U.S. reserves filled slower than anticipated. The lockdowns lifted in some European countries and U.S. …
The Australian dollar hit six-week highs on Tuesday as re-opening economies helped recover its losses in March. The Australian dollar has rallied over 17% after hitting a …
Oil prices plunged on Tuesday amid concerns of rapidly filling crude storages globally. On top of that, demand may only recover once restrictions on economic and social …
Nissan Motor Co. on Tuesday said it is expecting to post its annual operating loss in 11 years. The automaker has been met with challenges as dwindling …
The German insurance giant Allianz SE (ALVG.DE) has signed an agreement to create a bancassurance partnership with financial services company Banco Bilbao Vizcaya Argentaria (BBVA.MC) on Monday. …
European stocks maintained two-week highs on Tuesday as strong earnings reports from companies inspired optimism. The positive news outshone that of the rout in oil prices and …
The economic implication of the novel coronavirus is expected to severe the South Korean economy further, with the unemployment rate likely to surge to an unprecedented level, …
Asian shares and U.S. stock futures recorded a frail performance on Tuesday, erasing previous earnings as oil prices declined sharply. The weak trading activity monitored in oil …
Technical analysis of Bitcoin (BTC): Over the past weekend, the price of bitcoin rose to the resistance level of $7,810. Then it fell to the support level …
On Sunday, China’s second-largest pork producer, Muyuan Foodstuff Co. reported a net profit of CNY4.1 billion ($578.86 million) for the first quarter of the year at the …
Diamond Offshore Drilling Inc (DO.N), a Houston-based contract drilling company, applied for bankruptcy protection in Texas on Sunday, after it missed an interest payment and disclosed it …
The European Union organizations affected by the virus outbreak will have the option to request a government loan up to 5% of their turnover last year under …
The Dollar ended its week-long gain streak on Monday in Asia. The U.S. Dollar Index lost 0.28% to 100.148 at 11:30 Am ET (4:30 AM GMT) Investors …
Oil prices dropped on Monday as oil storages around the world are filling rapidly. This raised concerns that output cuts may not compensate for the collapse in …
Asian shares rose on Monday as the Bank of Japan revealed additional stimulus measures to support the economy from the impact of the pandemic. MSCI’s broadest index …
The Bank of Japan has been providing stimulus supports for two months already, with additional support filed on Monday to alleviate corporate funding from financial drag. It …
The inactivity currently faced by the U.S. economy due to the virus pandemic appears to be the sharpest contraction that will likely boost the national unemployment rate …
Today, April 24th saw the falling of Asian shares and U.S. stock futures. This resulted from doubts on narcotics that could potentially cure COVID-19 and an apparent …
European shares slipped on Friday as market fears were reignited following a disappointing report over the unsuccessful development of a potential COVID-19 treatment. The pan-European STOXX …
The dollar was headed for its best week as low oil prices weighed on commodity currencies. The dollar index is nearing more than a two-week high after …
