GLOBAL FINANCIAL COVERAGE
Delivering the latest financial news and developments from around the world.
Stay informed with the most relevant and insightful global financial news.
Global finance is the backbone of all economies, and the driver of economic progression, regression, and stagnation. Our analysts are here to take you through the latest movements in global finance and offer insights into their impact over time.
26 Oct 2021
Tesla became the first car maker to reach a $1T market cap
The world’s leading electric vehicle (EV) maker Tesla crossed the $1 trillion market capitalization level for the first time on Monday following the announcement from...
06 Oct 2021
Surging energy costs threaten global economic growth
Global equities lost 1,5% on Wednesday as investors worry over surging energy costs and high inflation which would derail economic recovery...
24 Sep 2021
Turkish lira drops to record low against US dollar after 1% rate cut
Turkey’s lira fell to a fresh record low of $8,88 against the US dollar and €10,40 to the Euro on Friday morning, extending losses from the previous sessions, as investors disappointed after the...
21 Sep 2021
Evergrande’s debt crisis has a ripple effect on financial and mining markets
Global financial markets posted one of their worst trading days since the beginning of the year on Monday as the growing worries over a possible financial contagion that...
10 Sep 2021
EUR/USD rises to $1,185 after ECB announced a “modest taper” of its PEPP program
Euro bounces back to the $1,185 mark following Thursday’s ECB-European Central Bank’s monetary policy meeting; where it announced the start of trimming its emergency...
30 Jun 2021
What is the “Delta” virus variant that scares investors
Global financial markets have seen some nervous volatility at the start of the week on growing concerns the re-imposition of covid-led lockdowns at some parts in Southern Asia and Pacific region...
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