Trade Financial News

Asian stocks rose before a Federal Reserve policy decision, with traders still split on the size of an anticipated interest-rate cut. Japanese shares led regional gains as the yen’s slide on Tuesday boosted the outlook for the nation’s exporters. The dollar bounced in New York following stronger-than-expected retail-sales data. Hong Kong is shut for a holiday, while Chinese stocks listed on mainland markets will resume trading after a break.

US Fed meeting, although rotational buying in large-cap stocks is maintaining a positive tone," said Ajit Mishra – SVP, Research, Religare Broking. Here's breaking down the pre-market actions:

European Union's imposition of tariffs on electric vehicles (EV) will «seriously interfere» with trade and investment cooperation and hurt both China and Germany. In talks on Tuesday with German Vice Chancellor and Economic Minister Robert Habeck, Wang Wentao said he hoped to reach a solution in line with World Trade Organisation rules as soon as possible, and avoid the escalation of China-EU economic and trade frictions, according to a statement released by China's Ministry of Commerce early on Wednesday. The European Commission is on the verge of proposing final tariffs of up to 35.3% on EVs built in China, on top of the EU's standard 10% car import duty.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Kroger and Albertsons have made their final argument in federal court in support of their proposed merger

U.S. stocks drifted to a mixed close near their all-time highs ahead of a highly anticipated meeting of the Federal Reserve

Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...

Billionaire investor Steve Cohen is retiring from the trading floor at his hedge fund Point72.

Cyprus has approved a massive undersea electricity cable project to link its grid with Greece's

Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been...

RINL) is struggling to tide over a financial crisis, Andhra Pradesh Chief Minister N Chandrababu Naidu on Tuesday said he would try his best to ensure that the state-owned steel plant is not privatised. Addressing a press conference here, he also cautioned the employees and trade unions of the Visakhapatnam Steel Plant to implement proper management policies and bring it out of the woods. Noting that it was he who got the RINL's debt restructured and paved way for smooth functioning during former Prime Minister Atal Bihari Vajpayee's regime, Naidu blamed the previous YSR Congress government for not taking the plant's health seriously. «The union and employees ( of RINL) have a responsibility to ensure smooth flow of operations and turn the loss-making project into a profitable one. While steel plants in the private sector are making profits, the management should think why a government undertaking has to face such a situation,» he said.

interest rate cut and commentary, settling in the green for the second straight session. Nifty managed to end at a lifetime high of 25,418.55 on a closing basis. It was up by 34.80 points or 0.14% over Monday’s closing. Its 89.4-point trading range is the smallest in two weeks.

Red sea crisis and logistical challenges have severely impacted the country's exports in August, which contracted 9.3 per cent, according to exporters and experts. Think tank GTRI said the contraction of petroleum product exports' by 37.56 per cent to USD 5.95 billion in August is linked to the ongoing disruptions in the Red Sea. These exports were USD 9.54 billion in August 2023. «This dramatic decline has significantly impacted India's overall merchandise trade, leading to a 9.33 per cent reduction in August 2024 compared to the previous year,» Global Trade Research Initiative (GTRI) Founder Ajay Srivastava said.

Modi 3.0 government for MSME exporters who are facing global challenges due to geo-political tensions. The measures included launching of 'Trade Connect e-Platform' to empower SMEs by giving them access to information and guidance on trade, the commerce ministry said on Tuesday. This platform will connect these enterprises to over six lakh IEC (import-export code) holders, 185 Indian Mission officials and over 600 Export Promotion Council members with the Department of Commerce. Briefing the media, Commerce Secretary Sunil Barthwal said that in the first 100 days, the ministry held meetings with exporters to understand their problems and find ways to resolve those issues.

Michael Graw is an experienced freelance finance and tech writer, specializing in cryptocurrencies, decentralized finance, and Web 3.0 since 2018. His work has been featured on various financial news...

Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been...

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Republican presidential nominee Donald Trump has launched his family’s cryptocurrency venture, World Liberty Financial, with an interview on the X social media platform

With over 2 year's experience in finance and the crypto sectors, Jose uses his knowledge and expertise to breakdown complex topics into bitesize content for both beginners and experts.

Germany has begun random checks at its borders with five Western European nations, expanding a system of controls already in place at its four other borders