China's Controversial Zero-Covid Policy Sends Global Markets Crashing The pan-European Stoxx 600 index was down 2 percent on Monday morning. Apr 25, 2022By Jacob J
Wall Street Slips More Than 2% After Federal Reserve Hints at Looming Rate Hikes All three major Wall Street indices ended down more than 2% a day after the Federal Reserve indicated it would raise interest rate in May. Apr 23, 2022By Reuters
Japanese Yen Extends Record Losing Streak as BoJ Refuses to Tighten Monetary Policy Tuesday marked the 13th straight day of losses for yen, marking the longest losing streak the currency witnessed in at least half a century. Apr 19, 2022By Jacob J
Jian Tam on Handling the Market Ups and Downs The market fluctuates, but it should impact your business if you are well-prepared. Apr 15, 2022By IBT Desk
Analysis: India's Role in Defeating Joe Biden's Oil Market Strategy Instead of cutting crude purchase from Russia in solidarity with Ukraine, India ramped up oil deals with Russia. Apr 12, 2022By Jacob J
Russian Rouble Was Doomed to Sink But is Now in Pink of Health; How Did Putin Save it? A month after rouble saw a historic low, which was interpreted as an ominous sign of the collapse of the Russian economy, rouble has found its mooring. Apr 6, 2022By Jacob J
Russia's Gazprom Asks India's Largest Has Pipeline Network to Pay in Euros Instead of Dollars - Report GAIL, which imports and distributes gas, also operates India's largest gas pipeline network. Mar 25, 2022By Reuters
Setback for Petrodollar: Saudi Arabia Considers Accepting Chinese Yuan in Oil Trade, Says Report Data shows that China buys nearly a fourth of Saudi Arabia's massive oil export. Mar 16, 2022By IBTimes APAC Desk
Warren Buffett's Berkshire Hathaway Share Price Breaches Historic Milestone of $500,000 The Omaha, Nebraska-based company's market value is approximately $731 billion, ranking sixth in the United States. Mar 15, 2022By Reuters
Cost of War: Brent Crude Price Breaches $111 Mark; the Highest in 8 Years Crude oil prices have surged by nearly 15 per cent in the last two days on fear of tight supplies. Mar 2, 2022By IANS
More Than $30 Billion Wiped off Russian Stocks, Ruble Slides Closer to Record Low Shares in Russian oil company Rosneft were hardest hit on Tuesday, dropping 7.5 per cent. In total. Feb 23, 2022By IANS
Pain at the Pump: Gas Prices in Los Angeles Set 11 New Records in 12 Days The spike in prices is being blamed in part on the rising cost of crude oil, as well as unplanned refinery maintenance and refinery shutdowns. Feb 16, 2022By IANS
Investors Brace for More Volatility as Ukraine Crisis Spooks Markets The benchmark S&P 500 index closed down nearly 1.9% while the tech-heavy Nasdaq was off around 2.8%. Feb 13, 2022By Reuters
Russia Could Cripple US Semiconductor Industry, Worsening Chip Shortage: White House More than 90% of U.S. semiconductor-grade neon supplies come from Ukraine, while 35% of U.S. palladium is sourced from Russia. Feb 12, 2022By Reuters
Mark Zuckerberg Loses $29 Billion in Just One Day as Meta Stock Crashes Meta's stock fell 26%, erasing more than $200 billion in the biggest ever single-day market value wipeout for a U.S. company. Feb 4, 2022By Reuters Mark zuckerberg