Thursday, June 20, 2024

Finance News

Eurozone Escapes Technical Recession

The eurozone (20 countries using the euro) managed to escape a "technical recession" in the fourth quarter of last year. According to Eurostat, an EU statistical body, on the 30th (local time), the eurozone's gross domestic product (GDP) growth rate...

WEF: Global Economy Growth Might Weaken

According to the World Economic Forum (WEF), uncertainty in the global economy is expected to grow and growth power is expected to weaken this year. On the 15th (local time), the Davos Forum released a report titled "Senior Economist Outlook:...

Goldman Sachs Increases Loans

The Wall Street Journal (WSJ) reported on the 14th (local time) that Goldman Sachs, which has withdrawn from the retail finance business, is increasing loans to wealthy people. Goldman Sachs is expanding loans to individual asset owners who hold more...

OECD: Global Trade Growth is Slowing

The Organization for Economic Cooperation and Development (OECD) diagnosed that inflation is easing due to tight monetary policies in each country, but growth is slowing, including shrinking global trade. In an economic outlook report published on the 29th (local time),...

Global Economy is Predicted to Stagger Next Year

The global economy, which has shown remarkable resilience this year and is showing growth, is expected to stagger next year due to the stress of war, inflation aftershocks and high interest rates, the Organization for Economic Cooperation and Development said...

U.S. October CPI Rose 3.2%

In October, the U.S. Consumer Price Index (CPI) rose 3.2% year-on-year. According to the U.S. Department of Labor on the 14th (local time), the consumer price index, an indicator of inflation, rose 3.2% year-on-year as of October. This figure is...

Big Tech earnings

Big Tech Earnings: The Market’s North Star

In a turbulent economic landscape marked by geopolitical tensions, Federal Reserve uncertainties, and surging Treasury yields, investors are closely monitoring this week's earnings reports from major tech giants for indications of the stock market's future direction. These multinational corporate behemoths...

U.S. Records Surprise Growth Rate in Q4

The U.S. recorded a surprise growth rate in the third quarter. Analysts say that consumers are likely to fall into a recession due to prolonged high-interest rates after the fourth quarter as they opened their wallets. The U.S. Department of...

Page 1 of 48 1 2 48

Welcome Back!

Login to your account below

Create New Account!

Fill the forms below to register

Retrieve your password

Please enter your username or email address to reset your password.