Revolut Plans To Launch Services For Cryptocurrency Trading In Singapore
From the end of 2021 until now, the cryptocurrency sector in Singapore is going through hard times. Still, Revolut, a fintech plus a cryptocurrency trading...
iRobot Shares Surge Over 19% After News of Acquisition by Amazon
Amazon has recently announced that it is moving forward with the acquisition of iRobot. The e-commerce giant has announced it will be proceeding with the...
Australian Central Bank Hikes Interest Rates
On Tuesday, the central bank in Australia hiked its interest rates for the fourth month in a row, but its guidance for future hikes was...
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...
Amazon Sees Strong Consumer Demand, As Shares Rise
On Thursday, Amazon.com Inc. announced that it expects its revenue for the third quarter to rise, as the retailer is collecting more fees from its...
USD/JPY Prediction: A Possible Decline to 130
Briefly – USD/JPY extended downside amid continued U.S dollar sell-off. Japan announced encouraging consumer inflation and job data. The pair might keep plunging, with sellers...
EUR/USD Prediction as the U.S Enters Recession and EU Confidence Fades
EUR/USD declined sharply following the recent U.S GDP data. The economy dipped into recession in Q2 as inflation soared. Europe's consumer confidence plummeted to ATLs...
Yellen Says Economy Slowing But Jobs Remain Strong
On Thursday, Janet Yellen, the US Treasury Secretary, said that the negative GDP data for the second quarter was an indication of an inevitable slowdown...
US On The Brink Of Recession As GDP Declines In Q2
There was an unexpected contraction in the economy of the United States in the second quarter, as consumer spending grew at its slowest pace in...
Increasing Rates To Cushion Impact Of Slowing Economies On Asian Banks
Lenders focused on Asia, such as Standard Chartered, HSBC, and their Southeast Asian counterparts like DBS, are scheduled to report a rise in their net...