Tag Archives: Economic events

Hong Kong supplies lead losses in Asia on China discontent, oil at most affordable in 2022 

Casetify positioned to be Hong Kong’s following unicorn, evaluation ‘near to a billion,’ claims chief executive officer Hong Kong-headquartered Casetify is currently “near to a billion” in evaluation, its founder and also chief executive officer Wesley Ng informed CNBC Keep it. This wants its preliminary of fundraising in 2021 after one decade of procedures– where the technology device… Read More »

Dow tumbles 700 factors into bear market territory, units a brand new low for the 12 months

Shares tumbled on Friday to shut out a brutal week for monetary markets as surging rates of interest and international forex turmoil raised fears of a worldwide recession. The Dow Jones Industrial Common fell by 713 factors, or 2.4%, falling beneath 30,000 to a brand new low for the 12 months. The 30-stock index is now down 20%… Read More »

The week in assessment, the week forward — Sept. 2, 2022

The S & P 500 completed decrease Friday, at its lowest shut since July, after mounting an try at back-to-back positive factors earlier within the session. The primary two days of September, which has traditionally been the worst month of the yr for shares , have been combined following a tough August, which has sometimes been a strong… Read More »

The week in evaluation, the week in advance  — Aug. 19, 2022

The significant supply criteria all drew back this previous week, with the Nasdaq dropping 2.6%, the S & P 500 off 1.2%, as well as the Dow Jones Industrial Standard down fractionally. The S & P 500’s once a week decrease damaged a four-week winning touch. Adding to the pullback was a retail sales number that can be… Read More »