English News
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European markets slide after plunge in U.S. tech stocks and Asia markets; inflation data in focus
KEY POINTS The tumble comes after negative trading sentiment in Asia-Pacific markets overnight following a sell-off in tech stocks on Monday that…
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Abu Dhabi’s ADNOC invites banks to pitch for bookrunner roles for drilling unit IPO-sources
Reuters-Abu Dhabi National Oil Co (ADNOC) has invited investment banks to pitch for bookrunner roles for the initial public offering…
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Dogecoin tumbles after Elon Musk calls it a ‘hustle’ on ‘SNL’ show
Reuters- The value of dogecoin dropped sharply in early U.S. hours on Sunday, after Tesla chief and cryptocurrency supporter Elon…
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WHO chief urges world to follow U.S. lead and support waiving Covid vaccine patent protections
KEY POINTS WHO chief Tedros Adhanom Ghebreyesus called for the G-7 nations to do more to facilitate the equitable distribution…
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Cryptocurrency investors should be prepared to lose all their money, Bank of England governor says
KEY POINTS When asked about the rising value of cryptocurrencies, Bank of England Governor Andrew Bailey said: “They have no…
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A joke cryptocurrency has risen more than 26,000% in the last six months, outpacing nearly every other investment
(CNBC)-Dogecoin, the cryptocurrency branded after a viral dog meme from years ago, hit a new all-time high Friday afternoon. It…
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Asia-Pacific markets trade mixed as investors look ahead to key U.S. jobs report
KEY POINTS Japan’s Nikkei 225 gave up most of its gains to close 0.09% higher at 29,357.82 while the Topix…
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Oil posts 2% gain for the week despite India virus surge
Oil prices steadied on Friday and were set for a weekly gain against the backdrop of optimism over a global…
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Gold accelerates to best week in 6 months on dip in U.S. jobs growth
Gold extended its rally, jumping more than 1% to its best week since November last year after an unexpected drop…
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Dollar slides to more than two-month low after big U.S. jobs miss
The dollar fell to its lowest in more than two months on Friday after U.S. jobs data for April came…
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European stocks close higher on upbeat earnings; U.S. jobs data disappoints
KEY POINTS The Labor Department said the U.S. economy added just 266,000 jobs in April, far less than the 1…
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PayPal profit tops estimates on digital payments boom
(Reuters)-PayPal Holdings Inc (PYPL.O) reported its strongest first quarter on record and beat profit estimates on Wednesday, with a coronavirus-driven shift…
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