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Month: October 2022

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  • Copper increases losses.

Copper increases losses.

Demand shows no signs of recovery. Copper fell as a result of weakening industrial and services statistics in China, the second-largest economy in the world, and rising dollar prices for…

Wall Street invests billions in ETF.

The TLT and BIL funds each raised $13 billion this year. As the Federal Reserve’s aggressive tightening raises the risk of a recession every day and ETF investors pour billions…

Kakao investors face trouble.

The Korean tech group’s monopoly status draws criticism. Investors in Kakao Corp. and its subsidiaries should anticipate even more difficulties as the Korean internet group’s monopoly status receives a continual…

Bitcoin’s Breakout Has Ended

The volume of crypto products in October fell by 34%. After a two-day gain that raised hopes for a longer-lasting rebound, the advance in cryptocurrency prices has mostly paused. By…

Samsung’s profit shrinks as chip prices fall.

Samsung’s third-quarter earnings fell short of analyst estimates. Samsung Electronics Co.’s profit was below analyst expectations in the third quarter due to a 14% decline in its chip manufacturing business…

Mercedes exceeds its profit target.

The company sees steady sales of high-end models. Mercedes-Benz AG increased its projections for the second time this year as demand outpaced supply despite the worsening of the global economic…

BlackRock raises $4.5 billion for investment.

The company says investors are interested in green assets. The largest money manager in the world, Black Rock Inc., has raised $4.5 billion to invest in infrastructure assets that it…

Cryptocurrency is becoming more appealing.

The price of Bitcoin will trade in a range of $17,600 to $25,000 by the end of the year. Market participants claim they are more willing to invest in the…

Gold sales at festivals in India to be less flashy

The attraction of gold in India is fading The World Gold Council claims that following a jump in 2021, gold sales in India during the festival season that finishes at…

Mercedes is betting on the wind.

Plan your wind farm in Germany. In the face of Europe’s energy crisis, Mercedes-Benz Group Group AG is placing a significant amount of faith in wind power to maintain operations.…

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