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European stock close in red territory

January 26, 2023January 27, 2023 - by web desk

European stocks closed in red Wednesday.   The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, was the worst performer …

European stock close in red territory Read More
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US stocks end mixed ahead of key inflation figures

January 26, 2023January 27, 2023 - by web desk

US stocks closed mixed Wednesday, a day before the release of key inflation figures that the Federal Reserve watches closely.   The Dow Jones Industrial Average rose nearly 10 points, …

US stocks end mixed ahead of key inflation figures Read More
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Cryptocurrency exchange Luno to slash workforce by 35% over market turbulence

January 25, 2023January 27, 2023 - by web desk

Cryptocurrency exchange platform Luno announced on Wednesday it will slash workforce by 35% due to market turbulence.   The year “2022 has been an incredibly tough year for the broader …

Cryptocurrency exchange Luno to slash workforce by 35% over market turbulence Read More
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US stocks open lower with weak Microsoft, Boeing earnings

January 25, 2023January 27, 2023 - by web desk

US stocks were down at the opening bell Wednesday with weak results from major companies, including Microsoft and Boeing.   The Dow fell 242 points, or 0.72%, to 33,490 at …

US stocks open lower with weak Microsoft, Boeing earnings Read More
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European stock markets close Monday with gains

January 24, 2023January 26, 2023 - by web desk

European stock markets closed Monday with gains.   The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, was up 2.37 …

European stock markets close Monday with gains Read More
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European stock markets close Monday with gains

January 24, 2023January 26, 2023 - by web desk

European stock markets closed Monday with gains.   The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, was up 2.37 …

European stock markets close Monday with gains Read More
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US stock market rallies to close at 1-month high

January 24, 2023January 26, 2023 - by web desk

Major US stock market indexes rallied Monday to close at their highest levels in a month.   The Dow Jones Industrial Average rose 254.07 points, or 0.76%, to finish at …

US stock market rallies to close at 1-month high Read More
Business / Production

Germany producer inflation at 13-month low in December 2022

January 20, 2023 - by tngadmin

Germany’s producer prices increased at the slowest pace in December 2022 since November 2021, according to official figures released Tuesday.The annual producer inflation in Germany decreased to 21.6% in December, down from 28.2% in November last year,…

Germany producer inflation at 13-month low in December 2022 Read More
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Dow Jones, S&P 500 close lower for 3rd straight day

January 20, 2023 - by tngadmin

The Dow Jones Industrial Average and S&P 500 closed lower Thursday for the third straight session.The blue-chip Dow fell 252.40 points, or 0.76%, to finish at 33,044.56. The S&P 500 lost 30 points, or 0.76% to 3,…

Dow Jones, S&P 500 close lower for 3rd straight day Read More
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China’s retail sales expected to recover with high volatility: Fitch

January 20, 2023 - by tngadmin

China’s retail sales are expected to recover after the lifting of coronavirus restrictions but the recovery in consumption is likely to be volatile and more difficult than those in many other major economies, Fitch Ratings said Thursday.Some of the maj…

China’s retail sales expected to recover with high volatility: Fitch Read More

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