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Home > Latest

Lates News

date
30/05/2025
Market news: UAE company is in talks with the Italian government regarding Yuxin Bank's Russia operations.
Latest
2 m ago
The media's analysis of corporate information disclosure shows that Trump's trade war has caused companies more than $34 billion in sales losses and higher costs. The continuous uncertainty of tariffs has paralyzed decision-making for some of the world's largest companies, with the expected losses set to increase. Companies such as Apple, Ford, Porsche, and Sony in the United States, Asia, and Europe have all lowered or significantly lowered profit expectations. The vast majority of companies say that the instability of Trump's trade policies has made it difficult for them to accurately estimate costs. This assessment includes 32 companies in the S&P 500 index, 3 companies in the Stoxx Europe 600 index, and 21 companies in the Nikkei 225 index. Economists say that the costs to companies could be several times higher than the costs disclosed by companies so far.
2 m ago
Trump's tariffs have caused a $340 billion loss for global corporations.
10 m ago
LME copper closed up $3 at $9568 per ton. LME aluminum closed down $18 at $2450 per ton. LME zinc closed down $12 at $2676 per ton.
10 m ago
At the invitation of the President of the United States, Federal Reserve Chairman Powell met with the President at the White House today to discuss economic growth, employment, and inflation. Powell did not discuss his expectations for monetary policy, but emphasized that the policy path would depend entirely on upcoming economic data and its implications for the outlook. Finally, Powell stated that he and his colleagues at the Federal Open Market Committee would formulate monetary policy in accordance with legal requirements to support maximum employment and stable prices, and that these decisions would be made based on careful, objective, and non-political analysis.
12 m ago
Piper Sandler: Maintains NVIDIA (NVDA.US) rating, adjusted from neutral to buy, with target price adjusted from $150.00 to $180.00.
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