Latest Global News
8th April 2021European stocks hover at record highs
European stocks hovered near record highs on Wednesday as investors awaited data on service sector activity for the region, with gains for energy companies such as BP …
6th April 2021Credit Suisse estimates Archegos fallout at $4.7 billion
The Swiss bank says that chief risk officer Lara Warner and Brian Chin, chief executive of its investment bank, …
6th April 2021AsiaAsian stocks fell on concerns China is holding back loan growth
Most Asian stocks fell on Tuesday as concerns that China would reduce loan growth weighed on sentiment after US …
1st April 2021AsiaHong Kong hit by dozens of trading stops after earnings deadline
Trading of more than 50 Hong Kong-listed companies was suspended on Thursday after several companies failed to report their …
31st March 2021MENASaudi Arabia launches $ 1.3 trillion private sector investment boost
Saudi Arabia is trying to divert its economy from its dependence on oil exports, which account for more than …
31st March 2021EuropeDeliveroo falls more than 30% in its debut on the London Stock Exchange
The company managed to partially liquidate this fall to trade a little more than 3 pounds per share.
30th March 2021North AmericaTreasury yields rise to its highest level since last January
US bond markets have led a global decline in government debt since January
30th March 2021Oil fluctuates ahead of key OPEC meeting
Oil fluctuates and volatility persists ahead of OPEC meeting
29th March 2021Nomura and Credit Suisse warn of multi-million-dollar losses due to hedge fund defaults
Credit Suisse falls 13% in the stock market after forecast of large losses.
29th March 2021The ship Ever Given refloats, stranded for six days in the Suez Canal
The ship has been blocking maritime traffic in the Suez Canal for six days, causing millions in losses in …
26th March 2021MENAKuwait Petroleum will seek up to $20 billions of funding to cover shortfall
Kuwait Petroleum Corp will need the money to maintain the country's crude production levels.
25th March 2021Suez Canal blocked causing major traffic jam
Suez Canal is one of the main maritime crossings in the transport of goods and raw materials, is temporarily …
25th March 2021North AmericaChinese tech stocks fall as U.S. law threatens to delist firms
On Wednesday, the U.S. Securities and Exchange Commission (SEC) adopted a law called the Foreign Company Liability Act.
24th March 2021AsiaBank of Thailand keeps key rate unchanged and cuts GDP outlook for 2021
Bank of Thailand keeps key rate at record low.
23rd March 2021EuropeEuropean stocks open lower on concerns over new wave
European stocks retreated from a year-long high on Tuesday morning as mounting concerns about a third wave of COVID-19 …
22nd March 2021AsiaEuropePlunge in the Turkish lira has investors on the watch
Asian stocks turned mixed, and bonds rebounded on Monday as the fall in the Turkish lira sparked rumors that …
19th March 2021Crude oil futures plunge more than 5%
18th March 2021EuropeCredit Suisse expects fund defaults, Investors threaten to sue
Credit Suisse Group AG said it expects defaults on a $ 10 billion pool of supply chain funds that …
18th March 2021MENASaudi Aramco to become the world’s leading digitized energy company
Saudi oil giant Aramco is advancing its plans to become the world's leading digitized energy company by leveraging innovative
12th March 2021EuropeUK trade with EU plunges after Brexit transition period
UK exports to the EU fell 38 percent in January 2021.
9th March 2021Nasdaq goes into correction and Dow Jones marks highs
Rising US bond yields continue to weigh down on tech companies.
5th March 2021AsiaIndian Central Bank COVID-19 relief measures raise doubts
The Reserve Bank of India called for direct action to boost an economy that went through an unprecedented contraction.