Latest Market News

Feb 27
Key economic reports and events for the week ahead

Russian’s special operation in the Donbas, which then spread to the whole of Ukraine, shocked the world community. The wave of risk aversion that began with the collapse of the Russian stock market also affected European and US equities, causing a moderate bearish pullback. Investors reduced their expectations of aggressive actions by central banks. Commodity […]

Feb 27
The DAO is a major concept for 2022 and will disrupt many industries

The blockchain and cryptocurrency rave is not ending anytime soon. And as more people are being introduced to revolutionary technologies in the digital space, new improvements upon these technologies are also being introduced. In the last couple of years, the DeFi and NFT industries have experienced immense levels of growth and, currently, metaverses and Web3 […]

Feb 27
Coronavirus tally: CDC to significantly loosen federal mask-wearing guidelines

The Centers for Disease Control and Prevention will announce plans to significantly loosen federal mask-wearing guidelines later Friday, the Associated Press reported, citing two people familiar with the plan. will announce a change to the metrics it uses to determine whether to recommend face coverings, shifting from looking at COVID-19 case counts to a more […]

Feb 27
Ukraine accepts Bitcoin, Ethereum, USDT donations to fund ongoing war

The Ukrainian government has reached out to the crypto community on Twitter to raise funds to support its civilians and troops. 3326 Total views 89 Total shares Within the first week of the Russia-Ukraine war, the Ukrainian government has reached out to the crypto community on Twitter for raising funds to support its civilians and […]

Feb 27
Cinemark stock surges after surprisingly swinging to first profit in 2 years as revenue soars nearly 7-fold

Shares of Cinemark Holdings Inc. CNK, -0.17% shot up 3.7% in premarket trading Friday, after the movie theater operator swung to a surprise fourth-quarter profit, the first profit in eight quarters, as revenue rose nearly seven-fold to beat expectations by a wide margin. The company reported net income of $5.7 million, or 5 cents a […]

Feb 27
EU Commission to remove Russian banks from SWIFT cross-border network

While condemning the Russian president Vladimir Putin’s move to lay siege across Ukraine, the EU Commission committed to undertake a series of measures to isolate Russia from the international financial system. 2123 Total views 39 Total shares The European Commission announced to remove a number of Russian banks from the Society for Worldwide Interbank Financial […]