China Regulator Issues Warning To Banks Over Yuan Selling
On Wednesday, the foreign exchange regulator in China phoned a number of banks to issue a warning about aggressively selling the yuan. This is yet...
China’s Economic Woes Worsen Due To Property And Factory Issues
The Chinese economy was already wobbly and the beginning of the second half of the year saw it stumble further. This was because the decline...
Moderna Stock Market And Projection: Will MRNA Surpass $400 As BNTX And Pfizer Soar?
Moderna (MRNA) stock came back to life on Friday, as the battered company produced a massive rebound of more than 20% in only a few...
OPEC Members Consider Change of Course As Meeting Nears
Ahead of its ministerial meeting next week, members of the Organization of Petroleum Exporting Countries OPEC, are reportedly considering a change of course. Members are...
Oil Is Nearing A Six-Week Slump As China Prepares To Announce Its Oil Reserve Data
Crude oil prices fell to six-week low points on Thursday before regaining some footing as China announced it was preparing to tap reserves. The announcement...
AstraZeneca Vaccination Linked To Blood Clots
The European Medicines Agency announced on Wednesday that it had discovered a probable relationship between the AstraZeneca COVID-19 vaccination and unusual blood clotting disorders in...
Surging Oil Prices as Economy Recovers From COVID
On Monday morning, oil prices reached an all time high amid the global economy's recovery from the COVID pandemic. This high is supported by the...
Hopson Group To Acquire A Unit At Evergrande
China’s Evergrande will offer a half interest in its real estate division to Hopson Development for about USD 5 billion (HKD 40 billion). Evergrande Real...
China’s Electric Vehicle Companies Target Europe
With Europe's push for green energy, China's battery-powered car companies are racing into Europe, hoping to surprise established automakers. On Thursday, Nio Inc, one of...
Stocks Rise As The Greenback Drops
Worldwide stocks markets revitalized on Thursday, while the dollar plunged from one-month highs as worries about overflow from China's Evergrande behemoth died down and investors...