by Jennifer George | July 15, 2024 | News, Stocks & Bonds, Trending Now
In the aftermath of former U.S. President Donald J. Trump’s assassination attempt on July 14, 2024, Chinese meme stock “Chuan Da Zhi Sheng” from software company Wisesoft Co. went up by 10 points. “Chuan Da Zhi Sheng,” the Chinese name...
by Jibran Munaf | July 12, 2024 | Commodities, News
Oil prices rose in early Asian trading hours on Friday, buoyed by signs of strong summer demand and easing inflationary pressures in the United States, the world’s largest oil market. Brent crude futures increased by 37 cents, or 0.4%, to $85.77 a barrel by 0031...
by Jibran Munaf | July 12, 2024 | Commodities, News
China’s exports grew at their fastest in fifteen months in June, suggesting manufacturers are front-loading orders ahead of tariffs expected from a growing number of trade partners. Meanwhile, imports unexpectedly shrank amid weak domestic demand, pointing to...
by Vasu Jit Kalia | July 12, 2024 | Market Analysis & Commentary
China’s service trade continued to grow during the first five months of 2024, with a value up 16 percent year-on-year, with stellar growth in travel services, Xinhua News Agency reported, citing the Ministry of Commerce on Thursday. The total value of service...
by Jibran Munaf | July 11, 2024 | Breaking, Markets, News
Japan’s Nikkei share average soared to an all-time high on Thursday, crossing the 42,000-point mark for the first time, driven by an overnight rally in U.S. stocks that boosted investor sentiment. The Nikkei ended 0.94% higher at 42,224.02, securing its third...
by Jennifer George | July 11, 2024 | News, Stocks & Bonds, Technology
Wall Street’s ‘Magnificent Seven’, comprised of seven of the S&P 500’s most promising large-cap tech stocks, is leading the longest rally in 2024. The S&P 500 gained for the seventh day in a row to notch its 37th record high of 2024....
