EWEB News and Press, Global X Emerging Markets Internet & E-commerce ETF

Global X ETFs Announces Eight ETF Reverse Stock Splits PR Newswire NEW YORK , Nov. 18, 2022 /PRNewswire/ -- Global X ETFs, the New York -based provider of exchange traded funds (ETFs), today announced a reverse split of the following eight funds: ...

Summary It is hard to determine sometimes what causes markets to move as they do. Take last Friday’s stock market selloff. The widely cited “reason” for the selloff was Jerome Powell’s speech at the Fed’s Jackson Hole Symposium. Of the major ...

Tencent Music Entertainment delivered better-than-expected earnings for Q2 2022, as its efforts to manage expenses have paid off. The near-term outlook for TME is mixed, with topline contraction expected to be offset by higher profit margins. Tencent Music Entertainment is still r...

With inflation at multi-decade highs in many countries and pressures broadening beyond food and energy prices, policymakers have pivoted toward tighter policy. Stable prices are a crucial prerequisite for sustained economic growth. The high uncertainty clouding the economic and in...

July was the highest revenue generating month of 2022. The US hard to borrow equity market pushes revenues higher. Fixed income continues to see strong demand. Corporate bonds are in for an impressive 2022. Global securities finance revenues totalled $1.215 bln, ...

After months of battering, global equity markets enjoyed a reprieve in July, lifted by hopes that worsening economic signals and falling commodity prices might give central banks, led by the Fed, some leeway to dial back their tightening campaigns. Despite their recent outperformance,...

Shares of Alibaba rose 2% after the e-Commerce company beat FQ1'23 predictions. Alibaba generated 0% revenue growth year-over-year, the worst on record. Still, pockets of Alibaba’s business are performing well. Alibaba Group Holding Limited ( BABA , BABAF ...

Alibaba barely managed to beat the street revenue estimates after a dozen downside revisions were issued in previous months. The slowdown of the Chinese economy will continue to hurt Alibaba’s potential ability to recover. Potential delisting along with further political pr...

MercadoLibre is a leading Ecommerce and Fintech company which has been dubbed the Amazon of Latin America. The company reported blockbuster results for the second quarter of 2022, beating analyst estimates for top and bottom line growth. The stock price has popped 6% in a day and ...

Global economic growth slowed to a crawl in July, according to the latest PMI survey data, led by the developed world falling into contraction for the first time in two years. Emerging market growth as a whole consequently remained broadly resilient at one of the fastest rates seen ov...