English News
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Say goodbye to $30 plane tickets. The era of dirt-cheap flights is ending
KEY POINTS Airfares fell sharply as Covid-19 cases spiked. Vacationers are starting to return, propping up fares and hotel rates.…
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The Fed will not extend a pandemic-crisis rule that had allowed banks to relax capital levels
KEY POINTS The Fed declined to extend a pandemic-era exemption that lowered bank capital requirements. Relaxing the so-called supplementary leverage…
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Gold rebounds as dollar, U.S. yields pull back
KEY POINTS Platinum rises as much as 3.4% SPDR Gold holdings hit lowest since April 2020 (CNBC)- Gold rose more…
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Dollar falls back from three-and-a-half month highs as yields stabilize
KEY POINTS The index that measures the dollar’s strength against a basket of other currencies was 0.4% lower by midday…
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Asia-Pacific markets mixed as shares in South Korea, China struggled for gains
KEY POINTS Asia-Pacific markets traded mixed Tuesday, after starting the week by struggling for gains in what some analysts have…
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European markets edge higher as bond yields retreat
KEY POINTS The euro zone economy contracted by 0.7% in the final quarter of 2020, the European statistics agency said…
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Oil prices rise on expected economic recovery, likely drawdown in stocks
(CNBC)- Oil prices rose on Tuesday on expectations of a recovery in the global economy after the U.S. Senate approved…
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Apple accused of breaching European privacy law by French start-up group
KEY POINTS France Digitale, which has around 2,000 members, filed a seven-page complaint, with the Commission Nationale de l’Informatique et…
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Microsoft closes $7.5 billion Bethesda acquisition, aiming to take on Sony with exclusive games
KEY POINTS Microsoft has closed its $7.5 billion acquisition of ZeniMax, the parent company of Bethesda. Microsoft confirmed that some…
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S&P 500, Dow advance as stimulus bill gets Senate nod
(Reuters) – The S&P 500 and the Dow climbed on Monday, led by stocks poised to benefit the most from…
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Dollar hits three-and-a-half month high on firmer U.S. yields
CNBC- The U.S. dollar hit a 3-1/2 month high on Monday as elevated U.S. Treasury yields spooked investors and boosted…
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Gold slumps to 9-month trough as yields, dollar rally continues
CNBC- Gold prices slid over 1% on Monday to a nine month-low, as the dollar and U.S. Treasury yields kept…
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