Ping An Insurance (Group) Co reported a 36% increase in net profit for the first half…
Category: Financial News
Daily coverage of the markets that move portfolios: equities, bonds, commodities, currencies and the central-bank decisions behind them. Each report explains what changed, why it matters and how it feeds into an allocation. Written for investors who follow markets as a process, not as headlines.
FCA Warns of Risks in Unregulated Investment Services
The UK’s Financial Conduct Authority (FCA) has warned that investors could lose their life savings by…
Swiss Franc Gains as US Treasury Signals Bond Buybacks
The Swiss franc rose sharply against the US dollar and euro on Wednesday. This change followed…
Alibaba Profit Falls 75% Amid Increased AI Spending
Alibaba Group Holding Ltd. reported a 75% drop in profit for the June quarter. This decline…
US Treasury Yields Hit 5.32%, Pressuring Global Markets
The yield on 30-year US Treasury bonds hit 5.32% on August 17, the highest level since…
Romania’s Public Debt Hits 60.1% of GDP, New Action Required
Romania's public debt has crossed 60% of GDP for the first time. It reached 60.1% at…
Russia’s Fuel Crisis: Petrol Available at 28% of Stations
Russia is facing a major fuel crisis. As of Wednesday, petrol is available at fewer than…
Bitcoin Surges to $69,931 Amid Broad Crypto Rally
Bitcoin surged to $69,931.49 on Thursday. This marks a big recovery after months of selling pressure.…
Sats Shares Drop Over 10% on Q1 Profit Margin Concerns
Shares of Sats fell more than 10% on Thursday after the company reported its first-quarter results.…
Evergrande Founder Hui Ka Yan Sentenced to Life in Prison
Hui Ka Yan, the founder of China Evergrande Group, was sentenced to life in prison on…