Investors believe in Asian currencies due to economic recovery and vaccine
The interest in Chinese yuan and other main Asian currencies is caused mostly by the fact that China’s economy reported better than expected results...
Japanese company Kiwapower to launch solar projects in Mexico
Solar plants should be financed by Japanese conglomerate Marubeni and Mexican firm Becquerel Capital. Kiwapower representatives said they plan to begin construction works within...
Yellen and Bernanke warn: economic recovery could be slow and unbalanced
Former Fed Chairs suggest that the Congress comes up with a plan on health system strengthening and investing more financial means into development of...
Australia’s coal company Whitehaven Coal beats estimates on mining, stocks grew.
Whitehaven Coal produced 6.2 million tons of coal in second quarter of 2020 compared to output of 4.8 million produced during the same period...
Middle East stocks grew before results season
Damac Properties stocks was the leader of Sunday trading on Dubai Stock Exchange, when the stocks grew in more than 14%. It was the...
UN Chief disouraged from coal usage in order to fight against climate changes
Guterres mentioned it during online energetic summit, where there were representatives of 40 countries responsible for 80% of global energy consumption and greenhouse gas...
BP oil company will record up to USD 17.5 billion due to coronavirus
Coronavirus pandemic could cost British Petroleum up to $17.5 billion, which is a value that the company predicts its assets value to drop. BP...
Most stocks on Middle East dropped on Sunday
Middle East shares, and mainly those in Kuwait, dropped. Local markets went down especially due to banking titles, when National Bank of Kuwait lost...
China and Hong Kong stock exchanges dropped. Investors collected profits.
China’s shares have been through a wild Thursday. At first, stock exchanges in Shanghai and Shenzhen grew, yet in the end they were dominated...
Alibaba reports sales growth near pre-pandemic levels, yet stock falls
Chinese retail giant reported better-than-expected results for its first quarter. Yet, Alibaba’s stock lost almost 6% in the end of the trading week. The...
