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-- 2021-02-27 09:10:15
GameStop Corp closed 6 per cent lower on Friday as an early rally fizzled but the stock finished the week 151 per cent higher in a renewed surge that left analysts puzzled. The video game retailer's...
-- 2021-02-26 10:33:32
China’s gross domestic product (GDP) could expand 8-9 per cent in 2021 as it continues to rebound from the COVID-19 pandemic, Liu Shijin, a policy adviser to the People’s Bank of China, sa...
Reuters 2021-02-25 13:02:12
Saudi Arabia’s Public Investment Fund (PIF) launched a new venture that will invest $3 billion in developing tourism and infrastructure in the southwestern Asir region, the state news agency SPA...
Reuters 2021-02-25 12:06:10
Asian stocks jumped on Thursday after US Federal Reserve Chair Jerome Powell reaffirmed interest rates would stay low for a long time, calming market fears that higher inflation might prompt the centr...
Reuters 2021-02-25 11:45:47
Standard Chartered on Thursday restored its dividend and reaffirmed its long-term profit goals, in a show of confidence about its ability to recover from the impact of the Covid-19 pandemic even...
-- 2021-02-24 11:21:46
Bitcoin, shares of Tesla, and a high-flying exchange traded fund (ETF) fell on Tuesday, retreating from recent rallies in a volatile session that gave investors a gut check. It was the latest sign of...
-- 2021-02-24 10:25:36
Online platforms like Robinhood in the United States that offer commission-free share trading to retail investors would be illegal in the European Union, officials from the bloc said on Tuesday. Onli...
-- 2021-02-23 11:16:59
The European Union will call on financial leaders of the world’s 20 biggest economies this week to keep pumping money into the global economy as long as is needed for it to recover from the Covi...
-- 2021-02-22 11:28:15
Businesses shut in Myanmar on Monday in a general strike called to oppose the military coup and thousands of protesters gathered despite a threat from authorities that confrontation could cost lives....
-- 2021-02-20 16:04:38
The World Bank is working with the International Monetary Fund (IMF) on ways to factor climate change into the negotiations about reducing the debt burdens of some poor countries, World Bank President...
-- 2021-02-18 10:50:42
The Nasdaq closed lower while the S&P 500 was little changed on Wednesday as investors rotated out of technology shares and concerns about inflation added some pressure on stocks. The Dow Jones I...
Reuters 2021-02-17 13:57:15
Tesla boss Elon Musk’s SpaceX completed an equity funding round of $850 million that sent its valuation to about $74 billion last week, according to a CNBC report run by Reuters on Tuesday. Spa...
REUTERS 2021-02-16 14:05:07
Asian shares rallied on Tuesday, setting the stage for world equities to extend their bull run for a 12th consecutive session, as investors banked on a rollout of coronavirus vaccines to keep the glob...
-- 2021-02-16 10:25:12
Global shares rose for the 11th day in a row to reach a fresh peak on optimism about the rollout of COVID-19 vaccines and new fiscal aid from Washington, while tensions in the Middle East drove oil to...
-- 2021-02-15 12:21:58
Japan’s economy expanded more than expected in the fourth quarter, extending the recovery from its worst postwar recession thanks to a rebound in overseas demand that boosted exports and capital...
-- 2021-02-13 10:49:33
US President Joe Biden’s administration told allies on Friday it was re-engaging with them to help steer the global economy out of its worst slump since the Great Depression, a contrast with the...
Reuters 2021-02-12 20:19:32
A record $58.1 billion poured into global equity funds over the past week as investors pulled money out of cash funds and had a lighter exposure to bonds, BofA’s weekly fund flow data showed on...
-- 2021-02-12 18:20:04
Britain's coronavirus-ravaged economy suffered its biggest crash in output in more than 300 years in 2020 when it slumped by 9.9 per cent, but it avoided heading back towards recession at the end of t...
Reuters 2021-02-12 09:54:02
Group of Seven finance ministers are likely to back a new allocation of the International Monetary Fund’s own currency, or special drawing rights, at an online meeting on Friday to help low-inco...
Reuters 2021-02-10 23:17:49
The new administration of US President Joe Biden joins international talks on the global economy this week with other rich nations expecting a decisive break from the "America First" nationalism of...
-- 2021-02-10 10:08:44
Black workers, women and others in low-paying jobs were more likely to become unemployed during the pandemic, faced greater health risks if they did keep working and are being pushed out of the labour...
Reuters 2021-02-09 10:02:04
Emerging market central banks delivered just one interest rate cut in December, signalling the fading out of an easing cycle that had started in 2019 and had exceeded the cuts during the 2008 financia...
-- 2021-02-09 09:51:17
Major US stock indexes registered all-time closing highs on Monday amid optimism over US fiscal stimulus, and bitcoin jumped after Tesla revealed it had purchased $1.5 billion of the cryptocurrency an...
-- 2021-02-06 14:46:47
China's garment industry registered lower profits and revenue in 2020, data from the Ministry of Industry and Information Technology has shown. Profits of the country's major garment enterprises came...
-- 2021-02-06 13:49:40
Nigeria’s Ngozi Okonjo-Iweala was poised to become the first African and first woman to lead the embattled World Trade Organization (WTO) after a South Korean rival withdrew on Friday and the Un...
-- 2021-02-06 12:38:55
Shares of GameStop and other companies caught in the recent social media-fueled trading frenzy bounced on Friday, after online broker Robinhood lifted all the buying curbs imposed at the apex of the b...
UNB 2021-02-05 22:56:53
Although developing countries attracted a record share of global foreign direct investment (FDI) in 2020, finance for infrastructure and productive sectors fell significantly, weakening their COVID-19...
-- 2021-02-05 18:31:53
India needs to restructure its export basket on lines of Bangladesh for achieving achieve high growth in exports, says Economic Survey, an annual document of India's Ministry of Finance. It adds that...
-- 2021-02-05 14:32:41
German airline Lufthansa said it had issued a 1.6 billion euro ($1.92 billion) bond on Thursday, money that will be used to repay part of a bailout given last year by state lender KfW to help it cope...
-- 2021-02-05 13:24:57
Governments and developers around the world are exploring the potential use of “vaccine passports” as a way of reopening the economy by identifying those protected against the coronavirus....
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