(Bloomberg) A Bloomberg Intelligence index gauging the stocks of China’s education firms has fallen by 27% in the last three days to the lowest since 2015 as renewed crackdown panic…
(Deutsche Bank) Deutsche Bank posted a profit of 315 million euros in the fourth quarter of 2021, up 67% from the prior year, to help the company post the best…
(Bloomberg) Apple is set to rival Square after reports emerged that it has been working on a new service that lets merchants accept payment on their iPhones without the need…
(Fed) Federal Reserve Chairman Jerome Powell says the central bank is ready to hike rates in its March 15-16 meeting, with more increases to follow at a faster rate than…
(EIA) The US posted a total of 416.2 million barrels of crude inventories in the week that ended January 21, up by 2.4 million barrels from the previous week. Crude…
(Census Bureau) US sales of new houses rose by a monthly 11.9% to reach an adjusted annual rate of 811,000 in December 2021. The sales were still 14.0% below the…
(Bloomberg) The EU’s General Court ruled in favor of Intel Corp. on Wednesday, relieving the chip maker of a $1.2 billion antitrust fine administered by the European Commission. The court…
(SEC Filing) Valkyrie Bitcoin Miners ETF will be a new product on Nasdaq following a new filing by the crypto asset manager with the Securities and Exchange Commission. Valkyrie Bitcoin…
(Bloomberg) Shares of solar giant Jinko Solar Co. rose more than 111% as it marked its first day of trading following a listing in Shanghai. Jinko shares jumped up to…
(SEMI) Semiconductor equipment manufacturers in North America recorded $3.92 billion in billings in December 2021, down by 0.5% from the final November level. The December billings were still the second-highest…
(Microsoft) Microsoft Corp. announced revenue of $51.7 billion in the second quarter of 2022, up 20% from the prior year and above estimates of $50.88 billion. Microsoft said that robust…
(IMF) The International Monetary Fund says the global economy will grow by 4.4% this year, below its October forecast of 4.9%. The IMF cites weak prospects in China and the…