FILE- In this Sept. 30, 2020, file photo, a Boeing 737 Max jet, piloted by Federal Aviation Administration (FAA) chief Steve Dickson, prepares to land at Boeing Field following a test flight in Seattle. Boeing says it has informed 16 of its customers that they should address a possible electrical issue in certain 737 Max aircraft before using them further. Boeing said Friday, April 9, 2021, that the recommendation was made “to allow for verification that a sufficient ground path exists for a component of the electrical power system.” (AP Photo/Elaine Thompson, File)

Boeing pauses deliveries for some 737 MAXs amid glitch in supply chain

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Airplane maker Boeing has announced plans to halt the deliveries of some 737 MAXs. Boeing is dealing with a new supplier problem by Spirit AeroSystems, with the issue dating back to 2019. Boeing… Continue reading Boeing pauses deliveries for some 737 MAXs amid glitch in supply chain

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Belgian policymaker calls for rate hikes to tame inflation

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Pierre Wunsch, a Belgian policymaker, has said that the European Central Bank needs to reduce its balance sheet. The institution could also halt reinvesting cash acquired from debt maturing in the largest bond-buying… Continue reading Belgian policymaker calls for rate hikes to tame inflation

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European Union flags fly outside the European Commission headquarters in Brussels, Belgium, April 10, 2019. REUTERS/Yves Herman

Member of ECB governing council predicted advocates for more quantitative tightening

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Pierre Wunsch, a Belgian policymaker, has said that the European Central Bank needs to reduce its balance sheet. The institution could also halt reinvesting cash acquired from debt maturing in the largest bond-buying… Continue reading Member of ECB governing council predicted advocates for more quantitative tightening

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FTX recovers $7.3 billion in assets amid plans to restart the exchange

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. FTX, a cryptocurrency exchange that filed for bankruptcy in November last year, has announced a recovery of more than $7.3 billion worth of cash and liquid crypto assets. The assets recovered by the… Continue reading FTX recovers $7.3 billion in assets amid plans to restart the exchange

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FX and CFDs broker Exness reports a 27% increase in total trading volumes

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Exness is a forex and contracts-for-difference (CFDs) brokerage that ended on March with a record total trading volume of $3.88 trillion. The volumes were a 27% increase from the previous month, according to… Continue reading FX and CFDs broker Exness reports a 27% increase in total trading volumes

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Uniqlo’s parent company reports a 16% increase in first-half profits

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Uniqlo’s parent company, Fast Retailing Co Ltd, has reported a 16% increase in its profits for the first six months of its fiscal year. The company shared its full-year outlook on Thursday, which… Continue reading Uniqlo’s parent company reports a 16% increase in first-half profits

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SoftBank announces the sale of nearly all its stake in Alibaba

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. SoftBank Group Corp, a technology investor based in Japan, has announced the sale of nearly all its stake in Alibaba Group Holding. The sale triggered a massive plunge in the stock of the… Continue reading SoftBank announces the sale of nearly all its stake in Alibaba

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Former Deutsche Bank and JPMorgan employee arrested for crypto fraud

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The crypto industry has seen a number of former bankers, brokers, and other individuals from the traditional financial industry switch to digital assets. Many have come after recognizing the potential of cryptocurrencies to… Continue reading Former Deutsche Bank and JPMorgan employee arrested for crypto fraud

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Bitfinex becomes the first licensed DASP in El Salvador

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Bitfinex Securities El Salvador has become the first licensed digital asset service provider (DASP) in El Salvador. El Salvador became the first country to adopt Bitcoin as legal tender. The country has also… Continue reading Bitfinex becomes the first licensed DASP in El Salvador

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Fed officials trigger recession fears in the recent meeting

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. US Treasury yields declined alongside global stocks after the recent policy meeting by the Federal Reserve rattled the market. The meeting alluded that the recent crisis in the banking industry could spill over… Continue reading Fed officials trigger recession fears in the recent meeting

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