A senior health official said that China has rejected the World Health Organization’s plan to conduct the second stage of investigation into the origin of the Coronavirus, which includes the hypothesis that it may have leaked from a Chinese laboratory. The World Health Organization this month proposed conducting a second …

Asian stock markets followed Wall Street’s lead, rising on Thursday’s trading, amid positive corporate earnings and optimism about the US economic recovery. The Hang Seng Index led the gains, jumping more than 1.5%, on reports that China will continue to open its financial sector and improve rules for foreign banks …

The price of Ethereum soared Wednesday, July 21, after Tesla and SpaceX CEO Elon Musk said he owns the cryptocurrency at The B Word, an event hosted by the Crypto Council on Innovation. Ethereum, which was already rising on the day, reached its session highs after Musk’s comments. Musk also …

International Monetary Fund Managing Director Kristalina Georgieva said Wednesday, July 20, that the IMF’s estimates this month indicate that global growth in 2021 will be about 6 percent, the same as the forecast issued in April, but with some countries growing at a faster pace and some at a slower …

Major US stock indexes opened higher on Wednesday, with renewed optimism about the health of the US corporate sector after strong quarterly results from companies such as Johnson & Johnson and Coca-Cola. The Dow Jones Industrial Average rose 45 points, or 0.13 percent, to 34,556.96 points, the S&P 500 index …

First Deputy Managing Director of the International Monetary Fund, Jeffrey Okamoto, expected that the global economy would lose about 15 trillion dollars from 2020 to 2024 due to the Coronavirus pandemic. According to an article published on the IMF’s website, Okamoto said that since March 2020, governments have spent $16 …

ESML Holding’s report released Wednesday for second-quarter earnings said it beat analysts’ expectations. However, the company recorded revenue less than expected. Earnings per share were €2.52 while revenue was €4.02B. ESML Holdings shares gained 3.12% to trade at €599.00 intra-day, according to the report. ASML Holdings shares traded 0% lower …

Oil prices reversed upwardly and continued achieving gains for the second session in light of the growing risk appetite, despite data showing a sudden increase in US crude stocks last week and a decrease in demand expectations due to the growing infection cases with the Covid-19 virus. Brent crude futures …

The Coca-Cola Company’s second-quarter earnings report released on Wednesday indicated that it beat analysts’ expectations; the company posted revenue that also beat expectations. Earnings per share were $0.68, while revenue was $10.1B. During the year, Coca-Cola shares traded 1% higher, underperforming the Dow Jones Industrial Average, which is up 12.76% …

Gold prices fell, heading for losses for the second session in a row, as the dollar’s gains and the recovery of US Treasury bond yields weighed on the metal’s safe-haven attractiveness amid fears of the rapidly spreading Delta variant of the Coronavirus. The spot price of gold fell 0.2 percent …