Author Archives
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Data From Goldman Sachs Shows The Most Difficult Global Financial Conditions Since May 2009
Global financial conditions have reached their tightest since May 2009, according to a widely regarded Goldman Sachs index, which might indicate a global economic slowdown. The financial circumstances of an economy represent the availability of capital in that economy, and… Read More ›
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SPAC Offerings By Chinese Firms Are Picking Up Steam As Harsher Offshore IPO Restrictions Loom
At a time when China’s tougher monitoring of its companies has hampered capital raising through foreign IPOs, smaller Chinese companies in need of capital are racing for quick offshore listings through the merger route with blank-check enterprises, according to corporate executives and bankers. The businesses… Read More ›
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Apple Likely To Be More Appealing To Low-Purchasing Consumers In Asia With 5G iPhone SE
According to analysts, the low-cost 5G model of its iPhones would help Apple Inc to boost its appeal in the Asian market, – a market where the iPhone maker is rivalling with a slew of rivals ranging from South Korea’s… Read More ›
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Adidas Anticipates A Hit In Russia In 2022, But Expects A Recovery In China
Adidas said that shutting operations in Russia and Covid-19 difficulties in Vietnam would hurt sales, but an improved China forecast helped the German sportswear company’s shares rise 10% on Wednesday. The firm has approximately 500 storefronts in Russia, accounting for… Read More ›
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Brain Shrinkage, And Memory Loss Can Be Caused By Covid-19, Claims Study
According to Oxford University research, Covid-19 can cause the brain to shrink, diminish grey matter in areas that govern emotion and memory, and impair areas that control the sense of smell. The effects were found in persons who had not… Read More ›
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Russian Rouble Sets A New Record Low Due To Thin Offshore Trade
On Monday, the Russian rouble hit a new low in weak offshore activity, with local markets suspended for trading until at least Wednesday. According to Refinitiv data, the rouble fell to 133.5 per dollar after closing at 121.037 on Friday…. Read More ›
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US And Its European Allies Are Discussing A Ban On Russian Oil Imports
According to US Secretary of State Antony Blinken, the US and its European allies are considering blocking importing of Russian oil, and the White House is working with critical Congressional committees on imposing a ban of their own. European countries are significantly… Read More ›
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ETF Trading In Russia Is Similar To Meme Stock Fever
The damaged shares of Van Eck’s Russia ETF have experienced a surge of trading activity as investors seek techniques to benefit from market wild swings induced by the Ukraine conflict, evoking comparisons to last year’s so-called meme stock frenzy. Since… Read More ›
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Fitch, And Moody’s Have Both Downgraded Russia’s Sovereign Rating To Junk
Fitch and Moody’s reduced Russia’s sovereign ratings to “junk” level, a six-notch fall, citing Western sanctions that have questioned the country’s ability to service debt and weakened the economy. Russia’s financial institutions have been thrown into disorder as a result… Read More ›
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Ukraine Government Raises $270 Million Through Sale Of War Bonds To Fund Its Fight Against Russia
The government of Ukraine has generated up to 8.14 billion Ukrainian hryvnia ($270 million) through selling war bonds, according to the ministry. The bonds will have an 11 percent yield and a one-year maturity, according to a tweet from the… Read More ›
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