Elon Musk wrote in a tweet last night that Teslas can be repurchased with bitcoins if the cryptocurrency uses fewer fossil fuels. The price of bitcoin immediately shot up by more than 5 percent. Last month, Musk caused a fall in the cryptocurrency price when he tweeted that bitcoin […]
Business
The Tokyo stock exchange posted a small gain on Monday. Investors were processing last Friday’s US jobs report, which showed that the labour market of the world’s largest economy created fewer jobs than expected last month. As a result, concerns about overheating of the economy and a faster rate […]
Employment in the US corporate sector rose sharply in May compared to a month earlier. According to payslip processor ADP, 978,000 new jobs were created last month. That is the strongest increase in months. The figure was also much stronger than expected, as economists expected that 650,000 new jobs […]
Inflation in the eurozone rose further in May to 2 percent year-on-year, from 1.6 percent in April. This was reported by the European statistical office Eurostat based on a preliminary estimate. Higher energy prices, in particular, are driving inflation. As a result, inflation has risen to its highest level […]
The stock market in Tokyo rose sharply on Friday. Investors dismissed concerns about the rising number of corona infections in Japan and a possible extension of emergency in parts of the country. US President Joe Biden’s $ 6 trillion budget plans fueled hopes that the United States will get […]
The Tokyo stock exchange closed with a small profit on Monday. Optimism about the recovery of the world economy resulted in strong price gains among Japanese sea transport companies and car manufacturers. In contrast, companies more focused on the domestic economy were disposed of over concerns about the continued […]
The Tokyo stock exchange gained ground again on Friday. Investors engaged in the recovery on Wall Street, where dwindling inflation fears ended a three-day series of losses. The technology companies, in particular, were bought again, following the strong price gains among American peers. In Hong Kong, however, shares of […]
The German cartel watchdog has started an investigation into possible “anti-competitive practices” by online store group Amazon. In doing so, the Bundeskartellamt uses a new law that gives the regulator more power to tackle large tech companies. According to the head of the competition authority Andreas Mundt, it is […]
The stock exchange in Tokyo gained ground on Monday. The sizeable Japanese steel companies, in particular, showed substantial price gains thanks to the strong outlook from Nippon Steel. The Japanese car manufacturers, who will come up with figures later in the week, were also considerably higher. In addition, investors […]
The stock exchange in Hong Kong showed some recovery on Tuesday after the heavy loss a day earlier. The hopes for a strong recovery from the corona crisis, with many significant economies reopening after the lockdowns, sparked some optimism. Investors took it easy because of the long holiday period […]
