2023-05-17 20:55:56 Oil prices rose as investors flocked to risky assets amid optimism about the debt ceiling negotiations in the United States, and they largely ignored a bearish report regarding the country’s oil inventories. West Texas Intermediate (WTI) crude oil prices stabilized above $72 a barrel on Wednesday due to an improvement in risk appetite … Read more
2023-05-07 09:19:29 Finance minister Nirmala Sitharaman will review the state of the economy amid global and domestic challenges at a meeting of the Financial Stability and Development Council (FSDC) on Monday. The 27th meeting of the high-level panel to be held here will be attended by all financial sector regulators, including RBI Governor Shaktikanta Das, … 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
New York Investors on Wall Street start the new stock market week cautiously. The leading indices Dow Jones and S&P 500 lose 0.3 and 0.7 percent respectively in early trading on Easter Monday. The losses in the technology-heavy Nasdaq index are even greater – minus 1.2 percent. Heavyweights like Alphabet, Apple and Tesla are showing … Read more
On a review of current and evolving liquidity conditions, the Reserve Bank of India has decided to conduct a fine-tuning 5-day Variable Rate Repo (VRR) auction worth Rs 75000 crore for the fortnight beginning March 24, 2023 instead of the main operation of a 14-day variable rate Repo/ Reverse Repo auction. Powered by Capital Market … Read more
On the 6th, the Korea Federation of Small and Medium Enterprises held a press conference at the Korea Federation of Small and Medium Enterprises in Yeouido, where they presented the ‘Small and Medium Business Policy Tasks for the 2nd Year of the Yoon Seok-Yeol Administration’. Kim Ki-moon, chairman of the Korea Federation of Small and … Read more
Gold bars are displayed for sale at the Exchange in Seoul, South Korea. (Photo: Yonhap/VNA) World gold price dropped nearly 2% in the 2/2 session, when the USD rose again and some investors took profits after Gold price peaked 9 months due to dovish comments on interest rate policy from US Federal Reserve Chairman Jerome … Read more
Tan Cang Hai Phong International Container Terminal. (Photo: Minh Thu/VNA) The Economic Intelligence Center of Siam Commercial Bank (SCB EIC) of Thailand reported on February 1 that CLMV countries including Cambodia, Laos, Myanmar and Vietnam will achieve growth momentum stronger in 2023 but still below its pre-COVID-19 growth potential. The SCB EIC report suggests that … Read more