US supports Intel for chip production
Daily NewsThe US administration will provide an $8.5 billion grant to chip company Intel in order to increase semiconductor production in the country. In a statement made b...
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The US administration will provide an $8.5 billion grant to chip company Intel in order to increase semiconductor production in the country. In a statement made b...
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The Energy Information Administration (EIA) announced that U.S. crude oil inventories fell more than forecast last week, while gasoline inventories fell more than...
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The US Department of Justice (DOJ) is reportedly preparing to sue Apple for antitrust violations. The US Department of Justice (DOJ) is preparing to sue Apple for...
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Gold rose above $2,200 an ounce for the first time after the Fed maintained its forecast for three rate cuts this year. Bullion rose to a record in early trading ...
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The fact that two hawkish members of the Bank of England have chosen to skip the election has caused markets to price in an early rate cut. Investor pricing, data...
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Cryptocurrency exchange FTX is aiming to negotiate with the U.S. government to reduce its bankruptcy claim to $3 billion to $5 billion. According to a filing in D...
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The Nikkei 225 surpassed 41,000 as Japanese inflation accelerated in February; Hong Kong stocks fell 3 percent. Japan’s Nikkei 225 index briefly topped 41,000 on ...
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Oil fell for a third day as investors weighed the outlook for global interest rates and geopolitical tensions in the Middle East. Brent crude fell to $85 a barrel...
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Bond investors are cautiously increasing their positions, especially in short-term bonds, in anticipation of dovish central banks. Bond investors are cautiously i...
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Goldman Sachs predicts that interest rate cuts will benefit commodity prices this year, with raw material prices set to rise 15%. Commodities will rise this year ...
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Oil rose after three days of declines on signs the market is tightening due to sanctions, geopolitical risks and OPEC+ supply cuts. Brent crude rose to $86 a barr...
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The deputy minister responsible for exchange rate policies in Japan stated that they will not allow speculative movements in the yen. The most effective verbal in...
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Japanese Finance Minister Shunichi Suzuki said on Tuesday he would not rule out any measures to rein in yen weakness. Suzuki said a weak yen has both positive and...
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Russia has reportedly ordered oil companies to cut production in order to meet a target set by the Organization of the Petroleum Exporting Countries (OPEC) and so...
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Bitcoin, which has gained about $ 6,000 in value in the last day, increased by 7.15 percent to $ 70,900. The cryptocurrency Bitcoin increased by about $ 6,000 in ...
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Oil settled after the biggest gain in a week as OPEC+ reaffirmed its policy of production cuts amid tensions in the Middle East and Russia. Brent traded around $8...
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Gold is hovering near a record high ahead of U.S. inflation data. Gold held on to Monday’s gains as investors turned cautious ahead of U.S. inflation data, which ...
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The ADP private sector employment data in the US has been released. Private sector employment in the US increased by 140,000 in February. Economists surveyed by B...
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In China, one of Apple’s most important markets, iPhone shipments fell by 33 percent in February compared to the same period the previous year. Thus, sales fell f...
Read MoreFed Chairman Jerome Powell gave the message in his speech to the US House of Representatives that the Fed will not rush to cut interest rates. In his expected spe...
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The US Federal Reserve (Fed) announced that its total expenses exceeded its earnings by $114.3 billion in 2023. The Fed has published its annual audited balance s...
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