Global foreign exchange reserves by currency in Q3
The dollar’s share in global central bank reserves fell in the Q3, while Japanese yen reserves rose, International Monetary Fund data showed Friday. The greenback accounted for 59.2% of global…
German companies fleeing Germany – Mitsubishi UFJ Financial Group
Due to the increasing cost of production in Germany, an increasing number of German companies are relocating their operations to surrounding countries. As a result, almost 50 fertilizer production facilities,…
Japan’s Nippon Steel to acquire U.S. Steel for $14.1 billion
The United States Steel Corporation, which played a critical role in helping the Allies defeat Imperial Japan and Nazi Germany in World War II, is now being sold to Japan’s…
Guinean Capital Reels From Deadly Blast At Oil Terminal
Guineans should brace for power cuts, the government has warned, as the country grapples with the aftermath of a deadly explosion at an oil terminal in the capital Conakry. Fourteen…
Treasury 30-Year yield falls to 4% due to Fed shift
US 30-year bond yields fell below 4% to their lowest level since July as investors continue to assess the impact of the Federal Reserve’s recent policy change. The yield fell…
Ledger says it fixed the issue that led to hack
Ledger has announced that it has fully addressed the issue that led to the hack. According to the company’s CEO Pascal Gauthier, the vulnerability was caused by a phishing attack…