News

Wall Street Opens Higher on Upbeat China Data, Yuan Stable

On Thursday, Wall Street was set to open higher as better-than-expected trade data came from China. In addition, a firm…

5 years ago

NZRB slashes rates by 50 basis points

The Reserve Bank of New Zealand cut its official cash rate by 50 basis points. The OCR is now at…

5 years ago

Update on Major Cryptocurrencies, August 6

Cryptocurrency keeps everyone on their toes constantly. First they drop drastically, only to break records soon enough. Bitcoin, for example,…

5 years ago

August 5, Worst Day For Stocks. Why?

On Monday, August 5, 2019, US stocks showed the largest losses in one day. The reasoning is thought to be…

5 years ago

Trump Escalates His Trade War with China

U.S. President Donald Trump just intensified the tariff war with greater China, saying that he would impose an additional 10%…

5 years ago

More Fed Rate Cuts, Traders Say

The Federal Reserve will follow the interest rate cut it implemented this week with more rates cuts, traders believe. Said…

5 years ago

Zalando Upgrades Sales Forecast

Online fashion store Zalando revised its revenue forecast after it reported higher traffic on its website on Thursday. The company…

5 years ago

Samsung Reports Feeble Q2 Profit Dragged by Chip Turmoil

On Monday, Samsung Electronics cautioned about Japanese curbs on chip-making materials exports distorting its outlook. The smartphone maker said it…

5 years ago

Swedish, French Economies Contract Unexpectedly

Sweden’s economy unexpectedly contracted during the second quarter and dampened enthusiasm to Riksbank’s view to increase rates further. For figures,…

5 years ago

Takeaway.com To Merge with Just Eat, Rivaling Uber Eats

Takeaway.com has made an agreement to buy Just Eat for 8.2 billion pounds ($10.1 billion). The deal will create the…

5 years ago

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