News

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21 Nov 2024 05:15

BofA Targets Regional Banks to Expand Risk Transfer Market - FT

Daily News

According to financial reports, Bank of America is preparing plans to structure risk transfer agreements for smaller lenders. Synthetic risk transfers (SRTs) have...

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21 Nov 2024 05:10

Goldman Sachs CEO Solomon Anticipates Strong Capital Markets Next Year

Daily News

Goldman Sachs CEO David Solomon stated that he expects capital markets to be stronger in 2025, joining the wave of optimistic forecasts amid easing inflation and ...

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21 Nov 2024 05:05

BoE/Ramsden: Potentially Faster Rate Cuts Needed

Daily News

Forex - Bank of England's Deputy Governor Dave Ramsden stated that the likelihood of inflation in the UK remaining at least below the BoE's latest forecasts is as...

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21 Nov 2024 04:50

Starbucks Considers Selling Shares from Its Operations in China

Daily News

According to a report based on information from knowledgeable sources, Starbucks (NASDAQ:SBUX) Corp. is exploring options, including a share sale, for its operati...

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21 Nov 2024 04:45

Beko to Restructure Italian Operations, Laying Off Approximately 2,000 Employees

Daily News

Beko Europe has announced a long-term business transformation plan for Italy. Following a joint statement from the Fim, Fiom, Uilm, and Uglm unions, the company c...

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21 Nov 2024 04:30

Nvidia Announces Higher-than-Expected Sales for Next-Gen Blackwell Chips

Daily News

After a quarter in which Nvidia's sales nearly doubled, investors and analysts are wondering how long the chip maker, which generates $140 billion in annual reven...

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21 Nov 2024 04:25

Chinese Advisors Call for Stronger Stimulus

Daily News

Forex - Chinese government advisors are recommending that Beijing maintain an economic growth target of around 5.0% for next year, while pushing for stronger fisc...

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21 Nov 2024 04:20

Working Conditions in Architecture Firms in the U.S. Begin to Improve

Daily News

In the U.S., architecture firms saw an increase in billing for the first time in October after a consecutive 20-month decline. The architecture billings index pre...

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21 Nov 2024 04:20

Fed/Collins: We Should Continue to Gradually Lower Interest Rates

Daily News

Forex - Boston Fed President Susan Collins sees both a recovery in inflation and a greater risk of softness in the U.S. labor market, and expects policymakers to ...

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21 Nov 2024 04:15

Nvidia Surpasses Wall Street Profit and Sales Expectations Driven by Demand for Blackwell Chips

Daily News

Nvidia reported an increase in its third-quarter profit and sales, driven by sustained strong demand for specialized computer chips that power artificial intellig...

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21 Nov 2024 04:05

Alarko to Transform Chimkent into Central Asia's Agricultural Hub

Daily News

Forex - Alarko management, which has begun the largest agricultural investment in Central Asia, met with Kazakhstan's Deputy Prime Minister Serik Zhumangarin. Acc...

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21 Nov 2024 04:05

U.S. Regulators Seek to Force Google to Sell Chrome Browser

Daily News

U.S. prosecutors argued that Alphabet (NASDAQ:GOOGL) should not be allowed to re-enter the browser market for five years as part of a list of requests submitted t...

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21 Nov 2024 04:00

Neuralink Receives Approval to Launch First Brain Chip Implant Trial in Canada

Daily News

Neuralink, the company founded by Elon Musk, has received approval to begin its first brain chip implant trial in Canada. This innovation aims to help patients wi...

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21 Nov 2024 04:00

TANKER REPORT - The Bosphorus Strait Closed to Transit Passages Due to Southerly Storm

Daily News

The Bosphorus Strait has been closed to transit traffic due to a southwesterly storm. According to reports, the passage for tankers and vessels with a maximum spe...

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21 Nov 2024 03:50

Bitcoin Surges to $96,000 Amid Optimism Over Trump's Crypto Plans

Daily News

After Donald Trump's victory in the U.S. elections on November 5, a rally has begun in cryptocurrencies, suggesting that Bitcoin could trend towards $100,000. Thi...

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21 Nov 2024 03:40

Market Outlook: Japanese Yen Strengthens Amid Intervention Fears

Daily News

Forex - The Yen strengthened this morning against other G-10 and Asian currencies. City Index and FOREX.com market analyst Fawad Razaqzada stated that the focus f...

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21 Nov 2024 03:40

Goldman Sachs Anticipates Mild Slowdown in Growth for the ASEAN Region

Daily News

In a note published by the Goldman Sachs research team, it was stated that the real GDP growth of five ASEAN countries is expected to be slightly moderate in 2025...

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21 Nov 2024 03:35

Fed/Bowman: Adjusting Policy Before Reaching Our Inflation Target Concerns Me

Daily News

Forex - A member of the Federal Reserve Board expressed that inflation remains a dominant concern regarding the economy, advocating for a cautious approach to fur...

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21 Nov 2024 03:30

Denmark Detains Chinese Ship in Investigation of Two Severed Data Cables in the Baltic Sea

Daily News

In the Baltic Sea, a Chinese ship was stopped by the Danish Navy as part of an international investigation into an incident involving the cutting of two data cabl...

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21 Nov 2024 03:20

Fed/Cook: December Meeting Decisions Will Depend on Upcoming Data

Daily News

Forex - Federal Reserve Board member Lisa Cook stated that the timing of further interest rate cuts will depend on upcoming data, leaving the decision for the Fed...

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20 Nov 2024 21:53

After-Hours Movers: NVIDIA, Snowflake, Palo Alto Networks, and More

Daily News

Post-Session Stock Movements: NVIDIA (NASDAQ:NVDA) shares fell 2.3% despite exceeding consensus estimates for its third-quarter results and guidance. CEO Jensen H...

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