News

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05 Dec 2024 04:10

Erciyas: We Will Invest in a Wagon Factory in Kayseri Free Zone

Daily News

Foreks - Kamil Emre Erciyas, the Chairman of the Executive Board of Erciyas Holding, stated that they will invest in a $140 million wagon factory in the Kayseri F...

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05 Dec 2024 04:10

British and German Firms Struggle to Operate in China, Worried About Next Year's Outlook

Daily News

According to two new surveys published by trade chambers representing British and German companies in China, businesses are facing increasing challenges in the co...

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05 Dec 2024 04:05

S&P Global Does Not Anticipate a Rating Change Triggered by Martial Law Efforts in South Korea

Daily News

Forex - S&P Global stated that President Yoon Suk Yeol's recent attempt to impose martial law is unlikely to trigger a credit rating change for South Korea. S&P G...

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05 Dec 2024 04:05

Strengthening Expectations for Fed Rate Cuts Propel Wall Street Indices to New Records

Daily News

Forex - The ISM services data released in the U.S. yesterday was interpreted as boosting investor confidence in the Federal Reserve's potential interest rate cuts...

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05 Dec 2024 03:55

BOJ/Nakamura: We Must Carefully Adjust the Degree of Monetary Expansion

Daily News

Foreks - BOJ policy board member Toyoaki Nakamura spoke cautiously about the outlook for inflation and wages despite increasing market expectations for an interes...

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05 Dec 2024 03:50

Fed/Daly: No Need to Rush, We'll Continue to Calibrate Our Policy Carefully

Daily News

Forex - San Francisco Fed President Mary Daly stated that there is no sense of urgency to cut interest rates and emphasized that officials can "carefully calibrat...

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05 Dec 2024 03:45

Macron to Address the Nation Today Following the Fall of Barnier's Government in France

Daily News

Forex - Following the fall of Prime Minister Michel Barnier's government in a no-confidence vote in parliament yesterday, President Emmanuel Macron will address t...

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05 Dec 2024 03:35

Powell Reiterates That the Fed Has No Urgency to Cut Rates Rapidly

Daily News

Forex - Federal Reserve Chairman Jerome Powell emphasized once again that there is little urgency for the Fed to quickly lower interest rates considering the unce...

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05 Dec 2024 03:30

Fed Beige Book: Business Leaders Express Optimism About Rising Demand in the Coming Months

Daily News

Forex - The Federal Reserve (Fed) stated in its final regional economic commentary of the year that economic activity has shown a slight increase in most areas of...

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04 Dec 2024 21:09

Synopsys Beats Expectations with $0.10 Earnings and Strong Profit

Daily News

According to Synopsys' (NASDAQ: SNPS) report, earnings per share for the fourth quarter were $3.40, which is $0.10 better than analysts' expectations of $3.30. Th...

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04 Dec 2024 19:25

U.S. Railroad Traffic Volume Declines by 13.8%

Daily News

Foreks - The total volume of rail transportation in the U.S. showed a decrease of 13.8% for the week ending November 30 compared to the same week last year. Accor...

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04 Dec 2024 18:55

Kenvue Shares Drop 4% Following Morgan Stanley Conference

Daily News

On Monday, Kenvue Inc. (NYSE: KVUE) shares fell over 4% following a panel discussion at the Morgan Stanley Global Consumer & Retail Conference in New York. During...

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04 Dec 2024 18:45

ECB/Lagarde: It's Time to Accelerate Efforts to Unite the EU's Fragmented Financial Infrastructure

Daily News

Forex - European Central Bank President Christine Lagarde stated in an article she wrote for the Economist that the European Union needs to accelerate its efforts...

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04 Dec 2024 18:20

Fed/Musalem: Keeping My Options Open for the December Meeting

Daily News

Forex - St. Louis Fed President Alberto Musalem stated that he expects the Fed to continue lowering interest rates but is not ready to express what should happen ...

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04 Dec 2024 18:15

Trump Confirms Nomination of Paul Atkins as SEC Chairman

Daily News

Forex - In a statement confirming Paul Atkins' nomination for the Chair of the U.S. Securities and Exchange Commission (SEC), selected President Donald Trump ackn...

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04 Dec 2024 17:46

Mattel Shares Soar 5% on Strong Black Friday Sales

Daily News

Mattel's stock price increased by 5.1% following optimistic comments made by the company's executives at the Morgan Stanley conference. The executives highlighted...

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04 Dec 2024 17:42

PayPal Stocks Surge Following UBS Conference Insights

Daily News

PayPal (NASDAQ:PYPL) Holdings shares rose by 2% following the company's presentation at the UBS Global Technology and AI Conference. The digital payments giant re...

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04 Dec 2024 17:33

Shift4 Payments Shares Decline Amid CEO's NASA Nomination

Daily News

On Wednesday, shares of Shift4 Payments (NYSE: FOUR) fell by as much as 6.8% following the announcement that the company's CEO and chairman, Jared Isaacman, is be...

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04 Dec 2024 16:44

Schneider Electric Joins Forces with Nvidia for AI Data Center Cooling Solutions

Daily News

Schneider Electric SE is collaborating with Nvidia Corp to create specialized cooling system designs for new artificial intelligence (AI) data centers. Announced ...

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04 Dec 2024 16:28

Thor Industries Stocks Decline Due to Q1 Earnings Miss and Weak Revenue

Daily News

On Wednesday, Thor Industries (NYSE:THO) shares fell by 3.7% following the release of its first-quarter earnings report. The company reported earnings per share (...

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04 Dec 2024 16:21

Shell Restructures Energy Division, Halts New Offshore Wind Investments - Report

Daily News

With a strategic shift, Shell is splitting its energy division into two separate units and has decided to halt investments in new offshore wind projects. This mov...

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