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Financial News Around the World

Category: Finance News

Consumer prices rose 0.3% in December, higher than expected, pushing the annual rate to 3.4%

The consumer price index for December was expected to increase 0.2% on a monthly basis and 3.2% from a year ago, according to Dow Jones.

Published 11 January 2024
Categorised as Finance News

Here’s what a bitcoin ETF actually means for investors

The SEC approved the first-ever spot bitcoin ETFs on Wednesday, paving the way to begin trade. Here’s what you need to know.

Published 11 January 2024
Categorised as Finance News

Shipping boss says ongoing Red Sea disruption could have ‘significant consequences’ for global growth

Maersk CEO Vincent Clerc said it was unclear whether Red Sea trade would resume in “days, weeks or months.”

Published 11 January 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Citigroup, Lyft, Salesforce, Chewy and more

These are the stocks posting the largest moves in premarket trading.

Published 11 January 2024
Categorised as Finance News

Coinbase, Robinhood shares rise as bitcoin ETF approval adds credibility to cryptocurrency industry

Shares of Coinbase and Robinhood popped Thursday as traders bet the approval of bitcoin exchange-traded funds in the U.S. would give the companies a boost.

Published 11 January 2024
Categorised as Finance News

Turkish lira hits fresh record low against the U.S. dollar

The beleaguered lira has fallen some 37% against the U.S. benchmark over the past year.

Published 11 January 2024
Categorised as Finance News

China says the U.S. has ‘weaponized’ chip export controls

China’s Ministry of Commerce said Thursday the U.S. is weaponizing export controls and using them as a tool.

Published 11 January 2024
Categorised as Finance News

The most powerful passport in the world? Six countries tie for top spot

Six countries have earned the title of the most powerful passports in 2024, which grants holders entry into 194 destinations out of 227 — without a visa.

Published 11 January 2024
Categorised as Finance News

China will make foreign investment easier, vice premier tells foreign executives

Chinese Vice Premier He Lifeng met with global finance executives who make up the securities regulator’s international advisory committee, state media said.

Published 11 January 2024
Categorised as Finance News

Citigroup at risk of quarterly loss after charges come in far higher than initially disclosed

CEO Jane Fraser faces a key moment this week as Citigroup reports earnings in the middle of restructuring efforts to make the bank leaner and more profitable.

Published 11 January 2024
Categorised as Finance News

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