Category: News
Stocks Decline And Yields Rise As Investors Weigh Rate Expectations
On Tuesday, global stock markets were trading lower for the most part, while US bond yields climbed to their highest levels seen since June. This…
Turkey’s Inflation Records 24-Year High
The annual inflation in Turkey in August rose to a new high of 24 years, at it touched 80.21%. On Monday, data showed that the…
Wall Street Closes Week Down With Jobs Data Glow Fading
On Friday, US stock markets closed the week down, as concerns about an energy crisis in Europe erased gains recorded earlier after the US jobs…
S&P 500 Ends Losing Streak Of Four Sessions
On Thursday, the US benchmark index managed to snap out of a losing streak that had been ongoing for the last four trading sessions. The…
FTSE 100 Records Worst Day in Seven Weeks
On Wednesday, the UK’s benchmark index logged its worst performance in a day in the last seven weeks, as concerns about a deep recession in…
Shares Fall And Yields Rise As Data Increases Concerns
On Tuesday, there was a decline in global stocks for the third session in a row, as investors were worried about the continued rate hikes…
Deutsche Bank Shares the Highest Profits for the Second Quarter of 2022
The Deutsche Bank has recently announced its earnings for the second quarter of 2022. The financial giant has revealed that it has generated the highest…
Cryptocurrency Exchanges In Afghanistan Being Shut Down By Police Following Bans By Central Bank
In Afghanistan, more than a dozen cryptocurrency exchanges have been shut down by the Afghan police authorities. The closures have been enforced by the law…
Comments by Jerome Powell Cause US Market to Lose 1,000 Points as Stocks Slide
On Friday, the US Stock market witnessed a great fall in value. This happened because the comments made by Jerome Powell, the Federal Reserve Chair…
Brazil Authorities Interrogate a Local Govt Chief for Involvement in Money Laundering
The law enforcement authorities in Brazil have recently raided the house of a local government chief. The sources reveal that the authorities have reasons to…
