2023-08-25 21:03:50 Frankfurt, New York US stock markets edged higher in jittery trading on Friday after little new information on the Fed’s monetary policy path. The Dow Jones index of standard values closed 0.7 percent higher at 34,346 points. The tech-heavy Nasdaq advanced 0.9 percent to 13,590 points. The broad S&P 500 gained 0.7 percent … Read more
2023-06-15 13:16:19 15 jun 2023 om 14:40Update: 22 minuten geleden The interest rate of the European Central Bank is going up for the eighth time in a row, reaching 3.5 percent. In this way, the ECB hopes to bring inflation under control. On the same day, the US central bank umbrella announced a pause in … Read more
2023-06-08 22:54:00 Tesla opens its Supercharger charging network for electric cars from rival General Motors (GM). Starting next year, GM customers will have access to around 12,000 Tesla charging stations, as the largest US carmaker announced in Detroit on Thursday (local time). Tesla’s charging technology is becoming more and more popular. GM boss Mary Barra … Read more
2023-05-07 11:12:01 07 mei 2023 om 05:05Update: 6 uur geleden Savings rates have crept up in a year’s time, after the European Central Bank (ECB) gradually increased interest rates. Saving has become a little more attractive. But interest rates are slowly rising and inflation is far from making you rich from savings. Savings interest rates, … Read more
The food storage container manufacturer Tupperware has come under heavy pressure on the stock exchange due to liquidity concerns. After the company warned of acute cash shortages, the stock fell 49 percent on Monday to $1.2. The price fell to its lowest level since the record low at the beginning of the Corona crisis around … Read more
Zurich, Frankfurt The struggle for the future of Credit Suisse is over: UBS takes over the second largest Swiss bank. The Swiss National Bank (SNB) is supporting the emergency merger with liquidity assistance amounting to CHF 100 billion, as the government, financial regulator and the two banks announced in a joint press conference. UBS pays … Read more
Tuesday 07 February 2023 Inflation problem not solved Bundesbank boss demands much higher interest rates “It would be dangerous to think that we are already through and that the inflation problem is over,” says Bundesbank President Nagel. (Foto: picture alliance/dpa) In January, inflation in the euro area fell sharply to 8.5 percent. A positive development, … Read more
A gold shop in Ahmedabad (India). (Photo: AFP/VNA) Gold price in Asia slightly increased in the afternoon session of January 30, while investors waited for signals from major central banks and the US Federal Reserve (Fed). Spot gold price rose 0.2 percent to $1,931.07 per ounce at 14:17 (Vietnam time). US gold futures delivery rose … Read more