News

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14 Nov 2024 05:40

Market Outlook: Iron Ore Retreats Amid Rising Supply and Weakened Steel Sentiment

Daily News

Forex - Iron ore futures prices declined as strong supply persisted due to a weak steel market outlook, despite new incentives for China's real estate sector limi...

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14 Nov 2024 05:35

Surge in Demand for China's Dollar-Denominated Bond Issuance

Daily News

Forex - China borrowed nearly at U.S. levels in its $2 billion dollar-denominated bond issuance, while yields continued to decline in trading.

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14 Nov 2024 05:15

Fitch: Japan's New Political Dynamics May Challenge Positive Fiscal Trends

Daily News

Fitch Ratings stated that the re-election of Shigeru Ishiba, leader of the Liberal Democratic Party (LDP), as Japan's Prime Minister at the head of a minority gov...

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14 Nov 2024 05:10

German Ports to Reject Russian Natural Gas Shipments - FT

Daily News

Germany has warned state-operated gas import terminals to reject liquefied natural gas (LNG) shipments from Russia, following a notification of a planned delivery...

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14 Nov 2024 04:50

"9th Judicial Package Becomes Law"

Daily News

The "Draft Law on Amending Certain Laws," commonly known as the "9th Judicial Package," has been published in the Official Gazette and has come into effect. Accor...

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14 Nov 2024 04:45

EIA Raises Oil Production Forecasts

Daily News

Forex - The U.S. Energy Information Administration (EIA) has slightly raised its U.S. and global oil production forecasts.

In its "Short-Term Energy Outlook" re...

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14 Nov 2024 04:35

UK Chancellor to Establish Retirement 'Mega Funds' to Strengthen the Economy

Daily News

UK Finance Minister Rachel Reeves has announced plans to establish a series of "mega funds" with new investment power of up to £80 billion ($102 billion) as part ...

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14 Nov 2024 04:30

UK Housing Prices Show Fastest Rise in Over Two Years in October

Daily News

In October, home prices in the UK showed the fastest increase in over two years. According to a survey conducted by the Royal Institution of Chartered Surveyors (...

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14 Nov 2024 04:25

Gold Prices Dip to Their Lowest Level in 8 Weeks

Daily News

Forex - Following Trump's election victory, the price of gold per ounce has fallen to its lowest level in eight weeks. Amid uncertainty regarding the pace of the ...

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14 Nov 2024 04:20

Fed/Musalem: We're Approaching the Inflation Target, but Recent Data Signals Increased Risk

Daily News

Louis Fed President Alberto Musalem stated that despite price pressures converging toward the Federal Reserve's 2% target, recent data increases the risk of a slo...

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14 Nov 2024 04:10

U.S. Bank CEOs Confidence in Deals and Consumer Financing Rises

Daily News

At a sector conference held in New York, U.S. bank CEOs expressed optimism about the potential for deals and the financial health of American consumers. CEO Brian...

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14 Nov 2024 04:10

Halkbank Appeals Court of Appeals Decision; Seeks Retrial

Daily News

Halkbank, which is currently undergoing trial as a defendant in the Reza Zarrab case at the Southern District Court of New York, has appealed the Second Circuit C...

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14 Nov 2024 04:00

AMD to Lay Off 4% of Its Workforce

Daily News

Advanced Micro Devices (AMD (NASDAQ:AMD)) announced that it will lay off 1,000 workers, which represents approximately 4% of its global workforce.

A representat...

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14 Nov 2024 03:55

According to the New York Fed, Americans are Falling Further Behind on Debt Payments

Daily News

According to a report released by the New York Fed, household debt has reached an all-time high, while Americans fell slightly behind in their credit card and oth...

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14 Nov 2024 03:50

Cisco Surpasses Earnings Expectations as AI Boosts Demand for Network Hardware

Daily News

Cisco Systems outperformed expectations in the first quarter, aided by an increase in demand for networking hardware amid the artificial intelligence boom. The co...

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14 Nov 2024 03:40

Apple Faces £3 Billion 'iCloud Monopoly' Compensation Claim in the UK

Daily News

Forex - In the UK, the consumer rights group 'Which?' has filed a lawsuit against Apple (NASDAQ:AAPL) on behalf of approximately 40 million users of the iCloud cl...

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14 Nov 2024 03:30

U.S. Federal Budget Posts Largest Deficit Since 2020 in October

Daily News

Forex - The U.S. budget deficit increased as the new fiscal year began, casting a shadow over the budget outlook as Washington prepares for a second Trump preside...

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14 Nov 2024 03:20

Fed/Schmid: The Massive Surge in Public Debt Will Impact Monetary Policy

Daily News

Forex - Kansas City Fed President Jeff Schmid stated that the "tremendous" increase in government debt will have an impact on U.S. monetary policy, but he does no...

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13 Nov 2024 21:13

Cisco Earnings Beat Expectations at $0.04, Profit Surpasses Estimates

Daily News

According to Cisco's (NASDAQ: CSCO) report, the earnings per share for the first quarter was $0.91, which is $0.04 better than analysts’ expectations of $0.87. Th...

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