English News
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Crypto investor who bought Beeple’s NFT for $69 million says he would have paid even more
KEY POINTS The buyer of the $69 million NFT by the artist Beeple said he was prepared to bid even…
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Dow slips from a record high, Apple and Microsoft lead losses
(CNBC)-U.S. stocks fell on Tuesday as major technology shares came under pressure again after the 10-year Treasury yield touched its…
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Xiaomi launches its first foldable phone and camera chip as it looks to challenge Samsung
KEY POINTS Xiaomi launched the Mi Mix Fold, its first foldable phone on Monday, as it looks to challenge Samsung.…
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As Wall Street reels, Archegos’ fire sale raises big questions about regulation
KEY POINTS Reports suggest that several banks had communicated with one another on the Archegos squeeze. Some proceeded to unload…
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Dollar pares gains after hitting four-month high as risk appetite wanes
(CNBC)- The U.S. dollar reached a fresh four-month high before slashing its gains on Thursday, as yields on U.S. Treasuries…
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Gold falls as yields tick up, dollar firms
(CNBC)- Gold fell on Thursday as U.S. Treasury yields nudged up and the dollar hit a four-month high, denting the…
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European markets close slightly lower as Covid surge, Fed comments weigh on sentiment
KEY POINTS Federal Reserve Chairman Jerome Powell hinted at the future removal of monetary stimulus measures that have propped up…
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Oil drops more than 4%, on pace for third straight week of losses
(CNBC)- Oil prices fell on Thursday as a new round of coronavirus restrictions in Europe revived worries about demand, even…
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Stocks making the biggest moves midday: GameStop, RH, Rite Aid, Nike & more
— CNBC’s Jesse Pound, Pippa Stevens and Tom Franck contributed reporting of Checking out the companies making headlines in midday…
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Facebook’s acquisition of Giphy raises competition concerns, U.K. watchdog says
KEY POINTS The Competition and Markets Authority launched the first phase of its investigation on Jan. 28. The CMA said…
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Dow erases a 300-point loss and rises 200 points in volatile trading
(CNBC)- U.S. stocks wiped out earlier losses and turned higher in volatile trading Thursday as the market tried to rebound…
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Hong Kong’s Hang Seng index falls into correction territory as Asia-Pacific stocks largely decline
KEY POINTS The Hang Seng index in Hong Kong was one of the biggest losers among the region’s major markets…
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