August 3 2022 🕓 3 min
Will Pelosi’s visit to Taiwan start a conflict?
During Pelosi's visit to Taiwan, the US House Speaker raised a red flag as it increased the tension between US and China.
Market Movers
August 5 2022
Virgin Galactic plunged by 19%
Virgin Galactic shares plunged by more than 19% after US markets opened. This is due to a net loss of $111 million for Q2 this year, missing estimates, and a 36% decline in revenue. The big letdown was another postponement of its commercial space service from 2023's Q1 to Q2.
August 5 2022
Pimco clients withdrew $29 billion
Clients of Pimco, a well-known asset management company, withdrew $29 billion in three months from Bond funds. Interest rate hikes all over the world hit bond markets hard, and clients pulled massive amounts of money as a result.
August 4 2022
AMTD Digital is crashing
Amid the huge popularity increase of AMTD Digital (HKD)and growth by more than 10,000% in just weeks, HKD found its peak and is now down by almost 80% from its all-time high level. Beware of higher volatility.
July 21 2022 🕓 4 min
The underrated power of long-term investing
While nobody wants to get rich slowly, long-term thinking and discipline combined with investing may bring results many only dream of.
July 17 2022 🕓 4 min
Interview: What is the future of Lightning Network?
What is the Lightning Network and how is Fulmo contributing to its improvement and spread? Jeff Gallas from Fulmo answered these and few other questions connected to LN.
July 17 2022 🕓 3 min
Lithium batteries as the main topic of electromobility
Lithium batteries are the subject of investment all over the world. We see investment in China, the US and other countries.
July 13 2022 🕓 2 min
Spain plans extra taxes for energy firms and banks
The country wants to help its population with inflation and expensive energy. The government expects to adopt new taxes in 2023 and 2024.
July 12 2022 🕓 2 min
OECD plans biggest overhaul of cross-border tax rules
The Organisation for Economic Co-operation and Development is planning the biggest overhaul of tax rules in a generation by 2024.
July 2 2022 🕓 3 min
World Bank chief economist talks about global recession
World Bank (WB) Chief Economist Carmen Reinhart doubts that the US and global economies will be able to avoid a recession.
June 27 2022 🕓 3 min
G7 leaders unveil $600 billion plan to invest
The investments will involve developing countries and are an effort to compete with China's Belt and Road Initiative.