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Economy
The Afghanistan Economy: Changes in Two Decades
The Afghanistan Economy: Changes in Two Decades
Two decades ago, when the Taliban lost control of Afghanistan, the country started to develop slightly. Living…
China passes significant data protection law
China passes significant data protection law
On Friday, China decided to pass a significant data protection law setting stricter rules on how companies gather and…
S&P 500 fell by 1%
S&P 500 fell by 1%
On Wednesday, Wall Street's main indexes fell with the S&P 500 more than 2%. It happened last month, after the release from the Federal…
Taliban Struggles to Access Afghan Central Bank
Taliban Struggles to Access Afghan Central Bank
The Taliban managed to take over Afghanistan with surprising speed. However, it seems more challenging for the…
HSBC Gets AXA’s S’pore Insurance Business
HSBC Gets AXA's S'pore Insurance Business
Yesterday, the banking heavyweight said that HSBC agreed to obtain AXA's Singapore insurance business for US$576 million…
Taliban Overtake Presidential Palace: Diplomats Flee
Taliban Overtook the Presidential Palace in Kabul as Diplomats Flee
On Sunday, the Taliban took over the presidential palace in the Afghan capital of Kabul. It is a…
Lebanon’s Bank Governor Faces Censure Halting Fuel Subsidies
Lebanon's Bank Governor Faces Censure Halting Fuel Subsidies
The central bank governor of Lebanon said that nobody runs the country. He commented after the…
Uniswap as First DeFi Protocol Generating $1B in Fees
Uniswap as First DeFi Protocol Generating $1B in Fees
Hayden Adams, the Protocol founder, on Aug 11, wrote a tweet about the achievement. Lucas Outumuro, Head of…
The U.S. Senate Passes Democrats’ $3.5 Trillion Budget Plan
The U.S. Senate Passes the Democrats' $3.5 Trillion Budget Plan
The Senate kicked off a slog as Democrats attempt to pass a budget decision as to the first step…
Profit Engine or Inflation Risk?
Profit Engine or Inflation Risk?
A Honda and Acura dealer in New York City, Brian Benstock, convinced his banker it would be wise to purchase more cars than he…
Aluminium prices experience uptrend in the global economy
Aluminium prices experience uptrend in the global economy
Aluminium prices increased and closed on their highest levels in 10 years. It followed a global demand…
U.S. economy showed the biggest monthly gain
U.S. economy added 944,000 jobs this year, showing the biggest monthly gain
On Friday, the Bureau of Labor Statistics said that this year, the economy added 944,000…
OpenSea grows at a $1.5 billion valuation
OpenSea grows at a $1.5 billion valuation
People involved in the crypto industry seemed surprised after the sales of non-fungible tokens started to fall.…
Sanofi confirmed an offer of $3.3 bn to buy Translate Bio
Sanofi confirmed an offer of $3.3 billion to buy Translate Bio
Sanofi said it made a $3.3 billion offer to buy Translate Bio, as it decided to bet on mRNA…
What’s Moving Markets: Infrastructure Bill, ISM, Vaccines
What's Moving Markets: Infrastructure Bill, ISM, Vaccine Prices, China Cools
The Senate agreed on a $1 trillion infrastructure bill. For July, the ISM put out its…
Credit Suisse investment bank and Archegos
Credit Suisse investment bank and Archegos
On Thursday, after Credit Suisse reported its earnings, investors understood how aftershocks from scandals (related to…
Deadline of the DiDi Class Action
Deadline of the DiDi Class Action
Investor rights law firm, Bernstein Liebhard, suggests investors file a lead plaintiff in a class-action lawsuit. The lawsuit…
South Korean economy grows while Covid dusts the outlook
South Korean economy began to grow while Covid dusts the outlook
The economy of South Korea began to grow quickly in a decade. However, a new wave of Covid-19 cases…
Heathrow Airport asks the UK to accept vaccinated travellers
Heathrow Airport requests the UK government to accept vaccinated travellers
Britain's Heathrow Airport called on the government to open up the country to vaccinated…
How has COVID-19 Affected the Financial Market: An Overview
How has COVID-19 Affected the Financial Market: An Overview
A global pandemic is something that nobody could have predicted at the start of 2020. For the…