On Mon, Nov 27 2023 at 12:26 AM EST, the Beijing Stock Exchange reminded major shareholders of listed companies not to reduce holdings due to fears of losing market excitement, according to Reuters. The Beijing Stock Exchange 50 Index has been on an uptrend, registering a one month gain of 44.72% and three month gain …
Four hours ago, the downward trend of oil prices continued when the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, postponed their policy-setting meeting by four days. The oil cartel’s meetings scheduled for November 25-26 are now rescheduled for November 30. Brent crude traded 1.2% lower at $80.99 a barrel on …
Ripple CEO, Brad Garlinghouse, voices his opinion at the Ripple Swell event in Dubai, accusing the SEC of losing sight of their mission to protect investors. A U.S. judge’s recent ruling deemed XRP was not a security, marking a pivotal victory for Ripple. The company continues to pursue the next steps in the case, hoping …
5 Hours Ago China’s consumer prices decline in October A decline in China’s consumer prices was reported in October as the country’s economy continued its uneven post-Covid recovery. Data from China’s National Bureau of Statistics revealed a 0.2% year-on-year drop in the consumer price index, surpassing the 0.1% decline anticipated by economists surveyed by Reuters. …
New Zealand’s inflation expectations have dropped to a two-year low according to a Reserve Bank of New Zealand survey.The RBNZ’s two-year inflation expectations fell to 2.76% from 2.83%, and annual price increases for a year ahead were expected to cool to 3.60%, down from 4.17%. The survey also highlighted that the central bank’s interest rate …
Malaysia’s inflation rate reaches its lowest point since March 2021, with the consumer price index only increasing by 1.9% in September compared to 2% in August. This is also lower than the expected rate of 2.2% from a Reuters poll. It has been 13 straight months without an increase in inflation. On a month-on-month basis, …
A picture taken in London shows gold-plated souvenir cryptocurrency tether, bitcoin, and ethereum coins arranged beside a screen displaying a trading chart, May 8, 2022. Justin Tallis | Afp | Getty Images Paolo Ardoino, the chief technology officer for Tether, has been promoted to CEO of the stablecoin company in a surprising move. This unexpected …
Vehicles travel along a highway past commercial and residential buildings in Tokyo, Japan, on Wednesday, Feb. 8, 2023. Bloomberg | Bloomberg | Getty Images Foreign investments into Japan’s real estate sector have been thriving in the past year, fueled by a weakened Japanese yen due to the country’s ultra-loose monetary policy sustained by the central …
An urban view of high-rise buildings at dusk as seen from Hong Kong’s Victoria Peak. Nurphoto | Nurphoto | Getty Images Hong Kong’s Hang Seng Index experienced a significant decline of over 3% on Tuesday, primarily due to the decline in the real estate and energy sectors. According to Everbright Securities’ Kenny Ng, the index …
Empty tables in the rain outside an Italian restaurant near a closed down pub in central London, UK, on Tuesday, Aug. 16, 2022. The Office for National Statistics are due to release the latest UK CPI Inflation data on Wednesday. Photographer: Jose Sarmento Matos/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images In July, …