EU lawmakers gave the thumbs up on Tuesday to landmark rules to rein in tech giants such as Alphabet unit Google, Amazon, Apple, Facebook and Microsoft, but enforcement could be hampered by regulators' limited resources.
Brent crude futures for delivery in November on Tuesday traded below $100 per barrel for the first time since mid-May, according to Refinitiv Eikon data, highlighting a market structure that signals a tight oil market in the short term.
In trading on Tuesday, shares of the WisdomTree Emerging Markets SmallCap Dividend Fund ETF (Symbol: DGS) entered into oversold territory, changing hands as low as $43.07 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical an
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell Mid-Cap Value ETF (Symbol: IWS) where we have detected an approximate $819.1 million dollar outflow -- that's a 6.1% decrease week o
In trading on Tuesday, shares of the Invesco S&P Emerging Markets Low Volatility ETF (Symbol: EELV) entered into oversold territory, changing hands as low as $22.60 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical anal
Australia's central bank on Tuesday raised interest rates for a third straight month and flagged more ahead as it struggles to contain surging inflation even at the risk of triggering an economic downturn.
Samsung Electronics Co Ltd is likely to turn in its best April-June profit since 2018 with a 15% year-on-year rise, as lingering demand for its memory chips from server customers offsets lower sales to inflation-hit smartphone makers.
Copper prices languished near 17-month lows on Tuesday, despite positive economic data from China and Japan, as a cocktail of factors from aggressive interest rates, potential recession and rising inventories dominated traders' mood.
China's yuan hit a one-week high against the dollar on Tuesday on hopes of easing Sino-U.S. trade tensions following reports President Joe Biden was considering rolling back some tariffs on Chinese goods.
What happened
Technology stocks, semiconductors in particular, were under pressure in recent weeks as chances of an economic recession increased. Shares of chip fab equipment company ASML Holding (NASDAQ: ASML) fell 15% in June, according to data from S&P Global Market Intell
Much of the focus on sanctions on Russia's commodity exports is on crude oil and natural gas, but coal is perhaps the best example of the challenges facing those seeking to punish Moscow for its invasion of Ukraine.
Malaysia's palm oil inventories at end-June likely climbed to their highest levels in seven months, as exports plunged following top producer Indonesia's return to the export market, a Reuters survey showed on Tuesday.
Brent oil prices were little changed on Tuesday, reversing earlier gains of $1, as investors weighted supply concerns, highlighted by a potential production cut in Norway, and worries about a possible global recession curtailing fuel demand.
The union that represents Hyundai Motor Co's South Korean workers said on Tuesday it plans to resume a week of wage talks with management on Wednesday, staving off any immediate prospect of a walkout in a protracted industrial dispute.
Australia's central bank raised its cash rate 50 basis points to 1.35% on Tuesday and flagged more tightening ahead as it struggles to contain surging inflation.
Japan has been left with unspent budget totalling 22.4 trillion yen ($161.41 billion) from the last fiscal year, a draft seen by Reuters showed on Tuesday, which analysts say may raise questions about the way stimulus measures are implemented.
Ecuadorian Health Minister Ximena Garzon resigned on Monday from the government of President Guillermo Lasso, following earlier news that Economy Minister Simon Cueva would also leave the administration.
Business activity in the United Arab Emirates non-oil private sector retreated to its slowest pace in five months in June though growth remained positive for the 19th consecutive month, a survey showed on Tuesday.
Chinese authorities have blocked Canadian government representatives from attending the trial of Chinese-Canadian billionaire Xiao Jianhua, the Canadian embassy said on Tuesday.