Markets

Nissan has announced its growth plans across multiple areas like software and electric vehicles as the automaker's alliance with Renault nears its end. Nissan, Japan's third-largest automaker by sales, is looking to partner beyond the auto industry for software connecting...

JPMorgan Chase & Co has reported a significant deposit increase during the first quarter of 2023. The bank has been reporting positive inflows following the unexpected collapse of two regional banks in the US, Silicon Valley Bank and Signature Bank....

SpaceX has received approval from the Federal Aviation Administration (FAA) to launch its Starship rocket into orbit. The licensing for this launch marked a crucial regulatory step by SpaceX as it looks to test an orbital launch for its towering...

Tesla has slashed the prices of its cars in Europe, Israel, and Singapore. The electric vehicle manufacturer has expanded the global discount drive that commenced in China in January this year. Tesla, like many automakers, has been looking to maximize...

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 halts deliveries for some 737 MAXs The...

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 scheme to complement additional hikes in interest...

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 scheme to complement additional hikes in interest...

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 exchange have increased by over $800 million...

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 the company's records. Exness March trading volume...

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 showed significant improvement as the apparel retailer...

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 e-commerce company. Alibaba shares plunge as SoftBank...

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 resist different financial situations, such as the...

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 created a conducive environment for digital assets....

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 to the broader economy and trigger a...

The US banks that contributed the $30 billion worth of deposits for First Republic Bank are planning to shore up an additional $100 million each during the earnings results for the first quarter to cover any potential losses. US banks...