Money & Finance
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Volcano eruption won’t hit Philippines GDP, says Economist
The National Economic and Development Authority (NEDA) of the Philippines said that the economic impact of Taal Volcano’s eruption does not pose a significant slowdown...
Hong Kong’s financial sector unmoved by protests
Hong Kong's Chief Executive Carrie Lam said their city’s financial strength remains intact despite the month-long protests launched against the government that has also...
US and China vowed to resolve economic disputes through comprehensive dialogue
Apart from inking the Phase 1 trade deal between the United States and China on January 15, the two nations have also agreed to...
World stocks rise as Mid-East tensions wane
The world's stocks reached a record high with more market gains following the lower tensions in the Middle East.
Investors
have reportedly bet on faster global...
President Trump boasts US’ investment boom in Ohio rally
Speaking in front of thousands of supporters during a campaign rally held Thursday night in Toledo, Ohio, US President Donald Trump shared that his...
Tesla’s market value surpassed Ford’s and General Motors’
The market value of Californian automotive company Tesla has increased by 7%, surpassing that of Ford’s and General Motors’ combined worth.
For the first time,...
Australia’s bushfires hit businesses leading to more than $2 billion economic...
Several companies in Australia, including resorts, factories and insurance firms, have been reportedly hit as the summer’s devastating bushfires continue to rage.
With
fires ripping through...
Prices of crude oil soar after Iran’s missile attacks on US...
The prices of crude oil increased to $65.65 equivalent to 4.5% per barrel in Asian trade while global stock prices fell down.
Reports
claim that these...
Money trader Travelex down after getting victimized by cyberattack
The London-based foreign exchange company ‘Travelex’ was forced to shut down its online systems across the globe after falling into cyber traps on New...
US-Iran tensions put world market on edge
"The new year has started with a bang in so far as volatility is concerned."
Thus, said technical analyst Fawad Razaqzada at Forex.com noting
that the...