China’s Bonds Gained 1% in the First Quarter Amid Slump Among Global Peers
China’s sovereign bonds gained 1% in the first quarter, the only ones to rise among the 20 largest global debt markets, according to Yahoo! finance. The gains were helped by…
Tesla Delivers Nearly 185,000 Vehicles in the First Quarter
Tesla produced just over 180,000 vehicles in the first quarter, according to the company’s press release. The electric car maker delivered almost 185,000 in the quarter, thanks to the strong…
What You Need to Know About Stock Markets on Good Friday
NYSE, Nasdaq, and bond markets are closed on Good Friday. Currency and commodities markets will also be closed on Good Friday. Good Friday is nevertheless not considered a federal holiday,…
NFP: The US Beats Estimates to Generate 916,000 Jobs in March. Unemployment Falls
US nonfarm payrolls jumped by 916,000 in March, more than expected 660,000, according to the Bureau of Labor Statistics press release. The rate of unemployment fell to 6% on higher…
Coinbase to go Public on April 14 after Direct Listing Approval from SEC
Crypto exchange Conbase will begin trading on April 14 after regulatory clearance from the Securities and Exchange Commission, according to CNBC. The company plans to register nearly 115 million shares…
China Targets ‘Too-Big-to-Fail’ Banks with Tougher Capital Rules
China’s financial regulators seek to impose additional capital requirements on its most important banks to curb risks and safeguard stability, according to Yahoo! finance. The banks will be put into…
Tencent’s Timi Studios Reportedly Generated Revenues of $10B on Gaming Surges
Chinese tech giant Tencent’s Timi Studios generated $10 billion revenues last year, according to Reuters. The revenue makes Timi, a maker of popular video games Honor of Kings and Call…
Sinovac Raises Output of COVID-19 Vaccine to 2 Billion Doses Annually
China’s Sinovac Biotech says its third production plant for its COVID-19 vaccine is ready, according to Reuters. The facility has started manufacturing procedures for bulk vaccine ingredient, that doubles annual…
Palantir Schedules April 14 for Additional Foundry Capabilities Demo at ‘Double Click’
Palantir Technologies has issued additional details about the Palantir Foundry capabilities, reports Businesswire. The details will be highlighted in the company’s Life Sciences demo at “Double Click” on Wednesday, April…
China’s Digital Yuan is Gaining Interests on Bitcoin Surge
China’s central bank speculates that interest in the country’s digital Yuan project is in part driven by the surging price of bitcoin, reports CNBC. Officials say the demand is also…
Auto Sales Jump 11.3% in the First Quarter of 2021 as Demand Crawls Back
U.S auto sales in the opening months of 2021 have risen 11.3%, with annualized selling pace in March projected to hit 16.8 million vehicles, according to the Wall Street Journal.…
OPEC+ Reaches Consensus to Boost Oil Production Gradually from May to July
OPEC+ has agreed to add more than 2 million barrels a day of global oil supplies from May to July, reports Bloomberg. The output increase is about a quarter of…
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