Latest Global News
22nd April 2021
Credit Suisse losses € 228m after an impact of more than € 4,000m by the Archegos fundCredit Suisse's adjusted net profit between January and March 2021 reached 3,596 million francs.
21st April 2021
Coronavirus surge spreads to global financial marketsFinancial markets around the world are realising the risks of another coronavirus outbreak.
20th April 2021
Bitcoin falls from recent high as cryptocurrencies take a hit over the weekendThe bitcoin price fell as low as $ 52,148.98 on Sunday morning, days after hitting an all-time high above …
19th April 2021
EuropeEurope stocks rise as futures shiftThe Stoxx Europe 600 Index opened higher after a seventh consecutive week of gains.
15th April 2021
MENAQatar may allow full foreign ownership, stocks riseQatar's cabinet approved a bill on Wednesday that would allow non-Qatari investors to own up to 100%.
14th April 2021
North AmericaCoinbase Global Inc to be listed on Nasdaq, latest step in crypto's march to the mainstreamCoinbase Global Inc, the largest cryptocurrency exchange in the US, will be listed on the Nasdaq on Wednesday, marking …
13th April 2021
MENAAbu Dhabi IHC adds stake in the main constructor in the United Arab Emirates with the latest agreementAbu Dhabi IHC acquires 45% stake in construction giant Alpha Dhabi Holding.
13th April 2021
Stocks erase gains, US futures fall as yields riseAsian stocks erased their gains on Tuesday and US equity futures fell as traders wait for inflation data
9th April 2021
MENAOil rises as OPEC + officially announces plan to gradually increase productionThe Organization of the Petroleum Exporting Countries and its allies officially announced an agreement to gradually raise production starting …
8th April 2021
European stocks hover at record highsEuropean stocks hovered near record highs on Wednesday as investors awaited data on service sector activity for the region, …
6th April 2021
Credit Suisse estimates Archegos fallout at $4.7 billionThe Swiss bank says that chief risk officer Lara Warner and Brian Chin, chief executive of its investment bank, …
6th April 2021
AsiaAsian stocks fell on concerns China is holding back loan growthMost Asian stocks fell on Tuesday as concerns that China would reduce loan growth weighed on sentiment after US …
1st April 2021
AsiaHong Kong hit by dozens of trading stops after earnings deadlineTrading of more than 50 Hong Kong-listed companies was suspended on Thursday after several companies failed to report their …
31st March 2021
MENASaudi Arabia launches $ 1.3 trillion private sector investment boostSaudi Arabia is trying to divert its economy from its dependence on oil exports, which account for more than …
31st March 2021
EuropeDeliveroo falls more than 30% in its debut on the London Stock ExchangeThe company managed to partially liquidate this fall to trade a little more than 3 pounds per share.
30th March 2021
North AmericaTreasury yields rise to its highest level since last JanuaryUS bond markets have led a global decline in government debt since January
30th March 2021
Oil fluctuates ahead of key OPEC meetingOil fluctuates and volatility persists ahead of OPEC meeting
29th March 2021
Nomura and Credit Suisse warn of multi-million-dollar losses due to hedge fund defaultsCredit Suisse falls 13% in the stock market after forecast of large losses.
29th March 2021
The ship Ever Given refloats, stranded for six days in the Suez CanalThe ship has been blocking maritime traffic in the Suez Canal for six days, causing millions in losses in …
26th March 2021
MENAKuwait Petroleum will seek up to $20 billions of funding to cover shortfallKuwait Petroleum Corp will need the money to maintain the country's crude production levels.
25th March 2021
Suez Canal blocked causing major traffic jamSuez Canal is one of the main maritime crossings in the transport of goods and raw materials, is temporarily …
25th March 2021
North AmericaChinese tech stocks fall as U.S. law threatens to delist firmsOn Wednesday, the U.S. Securities and Exchange Commission (SEC) adopted a law called the Foreign Company Liability Act.
24th March 2021
AsiaBank of Thailand keeps key rate unchanged and cuts GDP outlook for 2021Bank of Thailand keeps key rate at record low.
24th March 2021
North AmericaNasdaq leads US equity futures higherNasdaq leads futures higher as yields decline.
23rd March 2021
AsiaEuropeTurkish stocks sink, its worst fall in 20 yearsTurkey's main stock index plunged more than 5%, triggering market-wide circuit breakers for a second day as the market …
23rd March 2021
EuropeEuropean stocks open lower on concerns over new waveEuropean stocks retreated from a year-long high on Tuesday morning as mounting concerns about a third wave of COVID-19 …
22nd March 2021
AsiaEuropePlunge in the Turkish lira has investors on the watchAsian stocks turned mixed, and bonds rebounded on Monday as the fall in the Turkish lira sparked rumors that …
