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Tag: GlobalData

Inflation Data Weighs on the Dollar

Inflation Data Weighs on the Dollar by Rania Gule, Senior Market Analyst at XS.com – MENA The USD/JPY pair witnessed a significant drop, starting Thursday’s session around the 155.00 level, near the lower boundary of the short-term descending channel. This decline came after U.S. inflation data showed a slowdown in core inflation, triggering a dollar sell-off and prompting investors to seek refuge in the Japanese yen. This...

Wall Street banks to report quarterly results

Wall Street banks to report quarterly results by Antonio Di Giacomo, Senior Market Analyst at XS.com The quarterly earnings of several Wall Street banks will serve as a key indicator of market optimism following Donald Trump's election, which raised expectations for pro-business policies. This reporting period is crucial for understanding how financial institutions are navigating the current economic environment, especially after the volatility caused by political and...
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China continues to lead global e-commerce market with over $2 trillion sales in 2022

China continues to lead global e-commerce market with over $2 trillion sales in 2022 China’s e-commerce market, the world’s largest, is expected to register a...

Qatar gas only short-term solution to Italy’s Russian imports problem

Qatar gas only short-term solution to Italy’s Russian imports problem The recent Ukraine crisis has hugely dented the gas supply security of Italy, according to...

China accounts for three of top five VC funded startups APAC region in 2021

China accounts for three of top five VC funded startups APAC region in 2021 Venture capital (VC) investors are keeping an eye on the startups...

China startups raise US$12bn VC funding in first two months of 2022

China startups raise US$12bn VC funding in first two months of 2022 China remains a key global market and the biggest in the Asia-Pacific (APAC)...

ExxonMobil’s ‘scope 3’ emissions set to rise despite ‘net zero’ pledge

ExxonMobil’s ‘scope 3’ emissions set to rise despite ‘net zero’ pledge Following ExxonMobil’s announcement of an ambition to achieve net-zero emissions for operated assets by...

Iran leads midstream project starts in the Middle East by 2025

Iran leads midstream project starts in the Middle East by 2025 Iran is likely to set to start operations at 27 midstream oil and gas...

Online shopping and rising internet penetration to lead Philippines e-commerce at 17% CAGR through 2025

Online shopping and rising internet penetration to lead Philippines e-commerce at 17% CAGR through 2025 Driven by growing consumers’ preferences for online shopping and increasing...

Influencers anticipate conducive regulatory environment for cryptocurrency in India

Influencers anticipate conducive regulatory environment for cryptocurrency in India The proposed ban on private cryptocurrencies in India had triggered panic selling by investors in the...

What is the effect of Visa ban on other credit cards?

Chris Dinga, Payments Analyst at GlobalData, a leading data and analytics company, offers his view: “Visa holds the second largest credit cards market share...

India is expected to register the highest styrene-butadiene-rubber capacity by 2025

India is expected to register the highest styrene-butadiene-rubber capacity by 2025 India is expected to register the highest styrene-butadiene-rubber (SBR) capacity additions globally between 2021...

M&A in Singapore life insurance industry to further consolidate position of top 10 insurers in 2021

M&A in Singapore life insurance industry to further consolidate position of top 10 insurers in 2021 Singapore life insurance industry is highly concentrated with the...

Pandora Papers to spark greater scrutiny of property

Pandora Papers to spark greater scrutiny of property The latest release of offshore financial information has revealed little illegal activity, and will lack much of...