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China Evergrande stock trading resumes after 17 months – Loses $2.4 bn in value
The world’s most indebted property developer, China Evergrande Group, resumed share trading on Monday after a suspension of 17 months,...
Fed’s Chair Powell Declares Continued Interest rate hikes at Jackson Hole Speech
The US federal Reserve Chair Jerome Powell at a speech at Jackson Hole on Friday hinted that the Fed may...
Bitcoin falls to a two-month low after Fed minutes raise inflation concerns
Cryptocurrencies remained under pressure on Thursday amid renewed concerns about the inflation in the US economy and changing market sentiments....
Goldman Sachs forecasts over 20% price gain for Brixmor Property Group
Goldman Sachs, a premier American multinational investment bank and financial service provider has upgraded its outlook for Brixmor Property Group...
Inflation rose 3.2% in July shows US CPI report, less than market expectations
The Bureau of Labor Statistics for the USA has just published the monthly inflation numbers of the outgoing month of...
UK-based fund manager abrdn hit by market volatility; assets under management drops
(Reuters) - Abrdn Plc (ABDN.L), a UK-based global investment and asset management company headquartered in Edinburgh, Scotland; reported a plunge...
Oil prices rise to 4-month highs Amid cuts by OPEC+
Reuters - Oil prices rose on Monday to their highest levels seen in mid-April as top oil producers, Russia and...
PayPal in Recent Crypto Payment Push Launched a Dollar-Backed Stablecoin
In a recent push towards crypto payments, PayPal launched its first dollar-backed stable coin on Monday, this move has been...
Berkshire’s Q2 Earnings on the Rise Amidst Strengthening Insurance Stake
(Reuters) - Berkshire Hathaway recorded its highest-ever quarterly operating earnings on Saturday amidst rising profits from stock holdings helping the...
Saudi Public Investment Fund reports assets under management surpasses 2.23 trillion riyals
Dubai, Aug 6 (Reuters) - Saudi Arabia’ Public Investment Fund revealed its annual report for the year 2022 on Sunday,...
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