China’s Industrial Output and Retail Sales Data Miss Expectations | News Article China’s Industrial Output and Retail Sales Data Miss Expectations Published 3 Hours Ago China’s March Industrial Output and Retail Sales Data Miss Expectations China’s industrial output for March grew 4.5% year-on-year, missing Reuters’ expectations of a 6% expansion. China’s manufacturing industry grew 5.1% … Read more
Aluminum and Nickel Soar as Sanctions Limit Russian Metal Supplies London Metal Exchange witnessed a significant surge in aluminum and nickel prices today as the market reacted to the imposition of fresh sanctions from both the United States and the United Kingdom. The sanctions, which took effect immediately after midnight on Friday, now prohibit the … Read more
The stability of the peso, one of the most traded currencies of emerging economies – because it is possible to buy or sell the Mexican currency in the global financial system 24 hours a day, 365 days a year – has been consolidated this year, trading at 16.53 units. per dollar spotits lowest level since … Read more
Financial markets brace for geopolitical tension as Iran strikes Israel Financial markets will face the new week fretting about geopolitics with much riding on whether Iran’s unprecedented weekend strike on Israel triggers rounds of retaliation. With investors already rattled by sticky inflation and the prospect of higher-for-longer interest rates, the escalation of the Middle East … Read more
A Rocky Start for Trump Media & Technology Group Corp. In a matter of weeks, Trump Media & Technology Group Corp. underwent a turbulent beginning, resulting in a staggering $4.5 billion decline in market value. Nonetheless, this setback alone will not endanger the considerable special bonus allocated for the former president, Donald Trump, and other … Read more
Mexico City. As a result of the growing bets of lower interest rate cuts in the United States and the caution of the Bank of Mexico, the Mexican peso continued its winning trend against the dollar, appreciating 0.75 percent this Monday, equivalent to 12.32 cents. , to close at 16.3368 units per spot dollar, a … Read more
Highly Ranked Article by Best Newspaper Editor Regional Banks Crushed by Wednesday’s Market Reaction to March Inflation Published 15 minutes ago March’s faster inflation and subsequent repricing of Treasury yields higher had a significant impact on regional banks. The S&P 500 Financial Index experienced a relatively mild drop of 1.5% compared to the 1% decrease … Read more
News Article Hong Kong’s Monetary Authority to Deepen Investment Connection Schemes with China Hong Kong’s monetary authority considering to deepen some connect schemes with China Posted 32 Mins Ago Introduction Hong Kong’s monetary authority is reportedly considering deepening some of the investment connection schemes between the city and mainland China. Background Hong Kong’s monetary authority … Read more
Breaking News: L’Occitane International SA Near Deal with Blackstone to Go Private Breaking News: L’Occitane International SA Near Deal with Blackstone to Go Private L’Occitane International SA and Blackstone Inc. Nearing a Private Buyout L’Occitane International SA, renowned for its skincare products, is on the verge of undergoing a significant transformation as its billionaire owner, … Read more
Spirit Airlines Defers Airbus Plane Deliveries and Announces Pilot Furloughs A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport on February 12, 2024 in Austin, Texas. Spirit Airlines takes strategic steps to ensure long-term success Spirit Airlines, the renowned low-cost carrier, has recently made important decisions to bolster its … Read more