On the back of increased oil prices, Goldman Sachs stated on Tuesday that it anticipates earnings for companies in the pan-European STOXX 600 index to climb by 3% in 2023 as opposed to its previous prediction of no growth.   Benchmark Since the Middle East war erupted earlier this month,...

In an effort to restore its property market, which has been in crisis since officials started cracking down on the industry's debt levels in 2021, China has implemented a flurry of assistance measures in recent months.   However, according to economists, they are not sufficient to quickly...

The U.S. Securities and Exchange Commission (SEC) unveiled new regulations with the goal of enhancing "short selling" transparency in the stock market, reports CNBC. An investor that engages in a "short sale" borrows shares, sells them, and then watches for a decline in quotes to purchase stocks at...

As investors watch to see if the conflict draws in additional nations with the potential to push up oil prices further and inflict a major blow to the world economy, attention has been drawn to mounting geopolitical concerns for financial markets.   As its troops prepared for a ground...

The China shares Regulatory Commission (CSRC) issued an order forbidding local brokerage companies and their overseas subsidiaries from opening new accounts for mainland Chinese clients to trade shares and other assets offshore. Along with closing alternative channels for offshore trading,...

South Korean company Samsung SDI and European automaker Stellantis NV will invest over $3.2 billion to build the second joint venture for battery production in the US. The new plant will be situated near Kokomo, Indiana, where the firms are already constructing their first facility, according to a...

Wednesday saw a little increase in oil prices as traders pondered the possibility of supply disruptions brought on by the unrest in the Middle East.   By 0550 GMT, Brent crude had risen 25 cents, or 0.3%, to $87.90 per barrel. WTI crude for the United States increased by 24 cents, or 0.3%,...

China has saved this year roughly $10 billion through record imports of oil from nations subject to Western sanctions, said a Reuters report based on calculations by Reuters based on information from dealers and shiptrackers.   The United States and others' sanctions against Russia, Iran,...

The world's growing geopolitical dangers could cause stagflation on a scale not seen since the 1970s and drastic shifts in inflation expectations, according to Deutsche Bank analysts Henry Allen and Cassidy Ainsworth-Grace. All seven G7 nations continue to have above-target inflation; the question...