(NIO) NIO was listed on Singapore Exchange Securities Trading Limited on May 20, becoming the first car company to debut in three different locations. The stock opened at $16.9 in…
(ONS) The volume of retail sales in the UK increased by 1.4% in April, escaping the decline of 1.2% posted the previous month. Food stores saw sales rise by 2.8%…
(PBOC) China’s central bank set its five-year loan prime rate at 4.45%, a significant reduction from the previous 4.6%. The reduction was the largest cut since it was revamped in…
(NAR) The total volume of existing home sales in the US declined by 2.4% in April from March to hit an annual rate of 5.61 million. The sales were 5.9%…
(Philadelphia Fed) The diffusion index gauging the current activity in the US plunged by 15 points in May to 2.6, the lowest in two years. The share of firms that…
(CoinDesk) Ethereum’s Ropsten public testnet merge has been scheduled for June 8, ahead of the eventual rollout on the main network. The testnet merge is expected to give developers time…
(Kohl’s) Shares of Kohl’s Corporation fell more than 8% on Thursday after reporting total revenue of $3.715 billion in the first quarter of 2022. The revenue was below $3.887 billion…
(Spirit) Spirit Airlines has for another time rejected an improved offer from JetBlue, saying it contains inaccurate statements and mischaracterizations. Spirit says the new and improved $30 per share from…
(WSJ) Crypto exchange FTX intends to open a new trading service on Thursday to a few users in the US. FTX’s head of the US unit said that the crypto…
(Vipshop) Shares of Vipshop fell more than 6% in premarket on Thursday after reporting revenues of RMB25.2 billion or US$4.0 billion in the first quarter of 2022. The revenue was…
(ECB) The current account deficit in the euro area was 2 billion euros in March 2022, a significant decline from the 16 billion euros surplus in the prior month. In…
(Cisco) Cisco expects its revenue in the fourth quarter of 2022 to fall between 1% to 5.5% from the prior year. The lower revenue projection comes when sales in the…