Worldwide

Global Financial Markets in Brief Week 2 May

US stocks suffer the longest series of losses since the Great depression

Tesla stock continues decline, big investors panic

Removing company from S&P's 500 index worsened  losses

ESG rapidly becoming crucial for investors

65% of CEOs expect their companies would focus on ESG

Davos Forum returns to discuss unprecedented geo-economic challenges

2,500 leaders and experts gather to reconnect and share ideas

Powell: Fed to keep raising interest rates until inflation drops

Rules out larger increase of 75 basis points at the next meeting

Global Financial Markets in Brief Week May 10

US dollar consolidated its gains near 20-year peak

Will Elon Musk renegotiate the Twitter deal’s value?

Musk believes fake users make up 20% of total users

New report highlights challenges of hybrid working

Poly observes 12 considerations to navigate hybrid working

EU’s independence from Russian oil and gas looms

A 195 billion-euro plan to stop Russian fossil fuels' import by 2027

How can a stablecoin collapse?

A clear case of playing on people’s sentiments.

Tradewind Finance seeks to bridge cash gap for global exporters

The company announced completion of $1 billion funding for 2022

Bosch seeks to harness new forms of energy

Bosch to invest 500 million euros to produce hydrogen

NFT market manipulation requires early intervention

The value stolen from DeFi protocols trending up since start of 2021

The dollar is at a 20-year peak

The CPI was 8.3% year on year in April

How to avoid being fooled by a rug pull scam

 Stay away from tokens backed by anonymous developers

Starbucks endorsement of NFT is a big win for Web3

The company acknowledged that it is fascinated by NFTs

Bill Gates wants to save the world through his GERM Team

Gates has been invested in public health issues long before COVID-19