Oil prices rebounded marginally in early Asia trade on Thursday, after plunging the previous...
JPMorgan’s CEO Jamie Dimon Calls Fitch’s Downgrading US Credit Ratings ‘Ridiculous’
JPMorgan Chase CEO Jamie Dimon in an interview with CNBC called the Fitch Ratings...
Fitch Ratings Downgrades U.S. Credit Rating to AA+ from AAA
Fitch Ratings downgraded the United States’ long-term foreign currency credit rating to AA+ from...
Volkswagen Acquires 5% Stake in China’s Xpeng after a Joint Deal to Develop EV
The German automobile manufacturer Volkswagen stated on Wednesday that it has signed a deal...
Another Rate Hike in September Not Off the Table as Fed Raises Benchmark by 25bps
The U.S. Federal Reserve on Wednesday decided to raise its interest rate by another...
Markets Expect Fed Quarter Point Hike despite Improving Inflation Picture
Markets still expected the Federal Reserve to raise interest rates by a quarter point...