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22 Mar 2024 09:34

FTX expects to sit at the negotiating table with the US government

Daily News

Cryptocurrency exchange FTX is aiming to negotiate with the U.S. government to reduce its bankruptcy claim to $3 billion to $5 billion. According to a filing in D...

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22 Mar 2024 09:33

Expectations of early rate cut from BOE strengthen

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The fact that two hawkish members of the Bank of England have chosen to skip the election has caused markets to price in an early rate cut. Investor pricing, data...

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21 Mar 2024 09:38

Another record from gold

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Gold rose above $2,200 an ounce for the first time after the Fed maintained its forecast for three rate cuts this year. Bullion rose to a record in early trading ...

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21 Mar 2024 09:37

US Justice Department files antitrust lawsuit against Apple

Daily News

The US Department of Justice (DOJ) is reportedly preparing to sue Apple for antitrust violations. The US Department of Justice (DOJ) is preparing to sue Apple for...

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21 Mar 2024 09:37

US crude oil inventories fall

Daily News

The Energy Information Administration (EIA) announced that U.S. crude oil inventories fell more than forecast last week, while gasoline inventories fell more than...

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21 Mar 2024 09:36

US supports Intel for chip production

Daily News

The US administration will provide an $8.5 billion grant to chip company Intel in order to increase semiconductor production in the country. In a statement made b...

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21 Mar 2024 09:35

Lagarde: Can't promise path even after first rate cut

Daily News

European Central Bank President Christine Lagarde said the bank could not promise further cuts in borrowing costs after a possible first move in June. The bank is...

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21 Mar 2024 09:34

Fed kept interest rates unchanged, expecting 3 cuts

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The US Federal Reserve (Fed) kept its policy rate unchanged at a 23-year high. Thus, the Fed has kept interest rates unchanged in 5 consecutive meetings. The stat...

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20 Mar 2024 09:53

Meta cuts prices in Europe to end investigation

Daily News

Following talks with European Union (EU) data protection authority officials, Meta has announced that it will lower its ad-free subscription fees for Facebook and...

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20 Mar 2024 09:52

Samsung Electronics expects $100 million in revenue from chip packaging

Daily News

South Korea-based Samsung Electronics said it expects to generate $100 million or more in sales from its advanced chip packaging business. Samsung Electronics co-...

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20 Mar 2024 09:50

China keeps benchmark loan interest rates unchanged

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The People’s Bank of China left its benchmark lending rates unchanged The People’s Bank of China left its one- and five-year lending rates unchanged at 3.45 perce...

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20 Mar 2024 09:47

Divergence in BOJ interest rate path expectations

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The Bank of Japan’s earlier-than-expected rate hike earlier this year has fueled discussions about the next rate hike step and the final rate. According to the me...

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20 Mar 2024 09:44

Short positions in bonds before the Fed

Daily News

Before the Fed decision, market players turned to the options market against a possible sell-off in bonds. Market players are protecting themselves against a poss...

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19 Mar 2024 09:44

Mitsubishi forms coalition for e-natural gas development

Daily News

Mitsubishi Corp. has announced that it will form an international coalition with seven companies, including TotalEnergies and Tokyo Gas, to support the developmen...

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19 Mar 2024 09:42

Call from oil giant to invest in oil and natural gas

Daily News

Saudi Aramco CEO Amin Nasser said global oil demand is unlikely to peak for some time, so policymakers must invest sufficiently in oil and gas to meet demand. Spe...

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19 Mar 2024 09:41

US bond yields rise on Goldman update

Daily News

U.S. 2- and 5-year bond yields rose to yearly highs as swap traders and the Goldman Sachs Group predicted that the Fed would cut interest rates less. U.S. 2- and ...

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19 Mar 2024 09:39

Plan to keep US government open until September 30

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Congressional leaders and the White House have agreed on a deal to provide funding to the US government through September 30, according to people familiar with th...

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19 Mar 2024 09:38

Oil maintains gains

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Oil continued to rise as Ukraine’s drone strikes on Russian refineries and OPEC+’s focus on supply cuts continued. Brent crude settled near $87 a barrel after clo...

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19 Mar 2024 09:37

Japan raises interest rates after 17 years

Daily News

The Bank of Japan (BOJ) has ended its negative interest rate policy that it began in 2016. The BOJ raised its policy rate to a range of 0% to 0.1% from -0.1%. The...

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18 Mar 2024 09:42

S&P 500 predictions from market giants

Daily News

While easing estimates for this year vary in the markets, expectations for the US stock indices also vary. Here are the year-end target price expectations of the ...

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18 Mar 2024 09:40

BOJ forecast from Goldman

Daily News

Goldman Sachs expects the BOJ to raise interest rates for the first time since 2007. Goldman Sachs expects the Bank of Japan to raise interest rates for the first...

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