News - World markets
Russian Ministry of Energy has lifted the ban on gasoline exports, impacting the economy
The Russian Energy Ministry lifted restrictions on gasoline exports, after removing most restrictions on diesel exports the previous month. The ministry stated that there was a surplus in supplies, and wholesale prices fell.
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Unprecedented Speeds: China Unveils Fastest Internet Network in the World
Huawei Technologies Co., Ltd. and China Mobile Co., Ltd. have created an Internet network extending over a length of 3,000 kilometers, linking Beijing to the southern regions, using the latest technologies available to them, providing unprecedented connection speed.
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Dow Jones Closes Higher Amid Anticipation of US Inflation Data
The US stock trading session ended on Monday with mixed indicators, as investors evaluated Moody's latest decisions, in addition to their anticipation of a package of important economic data this week.
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UBS expects a significant decline in US interest rates over the next year.
Strategists expect the US key interest rate to fall to between 2.50% and 2.75% by the end of 2024, anticipating it to reach 1.25% in early 2025.
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How can artificial intelligence be used to determine the credibility of corporate leaders and accurately choose investments?
Francis de Souza, CEO of gene-sequencing company Illumina, tried to keep his speech positive for investors, but artificial intelligence techniques revealed previously unknown emotions during the latest quarterly earnings conference call.
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A cyber attack on a Chinese bank disrupts the US Treasury bond market
A cyberattack employing ransomware has caused certain systems of a financial services firm owned by China's largest bank, the Industrial and Commercial Bank of China, to crash.
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Japan unveils an economic stimulus plan worth $113 billion
Japanese Prime Minister Fumio Kishida announced on Thursday an economic stimulus package worth $113 billion aimed at alleviating the repercussions of inflation in the country.
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World Trade Organization officials are concerned about the escalating situation in Gaza
World Trade Organization (WTO) chief Ngozi Okonjo-Iweala hopes the latest escalation between Israel and Hamas will end quickly, as it could impact global trade flows if it spreads in the already vulnerable region.
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