On the 12th local time, the European Central Bank held a monetary policy meeting at its headquarters in Frankfurt, Germany, and decided to cut all three key interest rates by 25 basis points. This is also the fourth interest rate cut this year after the European Central Bank announced interest rate cuts in June this year. According to the latest interest rate decision announced by the European Central Bank, the deposit mechanism rate was reduced to 3.0%, the main refinancing rate was reduced to ...
Shares of Tesla (TSLA. O) rose 14.9 percent in Frankfurt on a "Trump trade" rally following early U.S. voting results.
Tesla's Frankfurt-listed shares rose 12.6 percent on a strong Q3 performance and optimistic outlook.
On September 26th, Frankfurt-based blockchain software developer SWIAT recently announced a partnership with Singapore-based digital financial marekt infrastructure Olea. By leveraging blockchain, SWIAT and Olea seek to address the challenges of traditional trade finance, such as slow processing times, complex documentation, high costs, fraud and error risks, and create a more efficient and transparent ecosystem for global businesses. Both companies are backed by Standard Chartered's innovation ...
Nvidia shares fell more than 5 percent in Frankfurt after its Q3 revenue guidance missed market expectations.