Tag: market

Wednesday, April 22nd 2020 - 07:24 UTC
Ten world leading banks sued for allegedly rigging prices in US corporate bond market

Ten of the world's largest banks, including JPMorgan Chase and Bank of America, have been sued for allegedly conspiring over nearly 14 years to rig prices in the US$9.6 trillion US corporate bond market, costing ordinary investors billions of dollars.
Thursday, February 20th 2020 - 08:14 UTC
China back in the market for US agricultural commodities

China is back in the market for US agricultural commodities after issuing a list of products that will be eligible for tariff waivers, according to market sources. US exporters sold at least two sorghum cargoes to China after buyers bid for supplies to be shipped in the first half of the year. Importers also inquired about soybeans on Wednesday, a day after asking about wheat prices in a move that sent Chicago futures rallying.
Saturday, February 1st 2020 - 08:43 UTC
Chile unemployment rose to 7% in the last quarter of 2019

Chile’s jobless rate rose to 7.0% during the October to December period, the government said on Friday, an early, but still tepid, sign of the potential impact of two months of unrest in late 2019.
Friday, January 31st 2020 - 08:02 UTC
Brazil streamlines trade team to ensure gains in the Chinese market

A Mandarin speaking trade specialist has been appointed by the Brazilian Agriculture ministry to boost exports to China, the world’s largest commodities market. Larissa Wachholz, 36, who holds a masters degree from the Renmin University of China, was tapped in December by the Brazilian agriculture ministry to lead a trade unit dedicated to the Asian country, the first of its kind in Brazil.
Friday, January 17th 2020 - 10:23 UTC
Google-parent Alphabet reaches plus US$ 1 trillion market value: time to cash on the extraordinary gains?

As Google-parent Alphabet became on Thursday the fourth US company to top a market value of more than US$1 trillion, some funds holding its shares are wondering whether now is the time to cash in on the stock's extraordinary gains.
Wednesday, September 11th 2019 - 09:35 UTC
China agrees to open its soymeal livestock feed market to Argentina; pact will be signed Wednesday

China will allow the import of soymeal livestock feed from Argentina for the first time under a deal announced by Buenos Aires on Tuesday, an agreement that will link the world's top exporter of the feed with the top global consumer.
Tuesday, August 20th 2019 - 02:40 UTC
Airbnb revenue up 31% in first quarter and reached US$ 9.4bn

Airbnb Inc recorded US$9.4 billion in total booking value in the first quarter, up 31% from the year-ago quarter, a key number that could help pull in investors as the home-sharing company plans its foray into the public market.
Thursday, January 31st 2019 - 09:38 UTC
US private payrolls increased in January, but the housing market is down

United States private payrolls increased solidly in January, pointing to sustained labor market strength despite a recent easing in consumer and business confidence that has suggested a loss of momentum in the economy. The strong hiring shown in the ADP National Employment Report on Wednesday also suggested there had been minimal impact on the labor market from the just-ended 35-day partial shutdown of the federal government.
Tuesday, December 18th 2018 - 09:08 UTC
US wins “dolphin safe” tuna-labeling legal battle against Mexico at WTO

The United States won a legal battle over “dolphin safe” tuna-labeling on Friday, when the World Trade Organization’s appeals judges dismissed Mexico’s argument that the U.S. labeling rules violated WTO rules
Wednesday, August 22nd 2018 - 08:49 UTC
Oil price war to begin: Saudi Arabia and Iran reignites the market

The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. The two countries are currently reigniting the market share and pricing war ahead of the returning U.S. sanctions on Iranian oil.