Posts by Yurie Miyazawa
Hindenburg Research: Company History
Hindenburg Research has made a name for itself in the world of finance by focusing on uncovering hidden truths about companies. Founded by Nathan Anderson in 2017, this firm uses forensic financial research to expose potentially fraudulent activities and encourage transparency in the market. The company’s unique approach has led to significant impacts on stock…
Read MoreLululemon surges most since 2018 on rebounding performance
LULULEMON Athletica shares posted their biggest one-day gain since 2018 on optimism the upscale activewear brand is overcoming competition and cautious consumers. The stock jumped 16 per cent on Friday (Dec 6), bringing Lululemon’s year-to-date decline to 22 per cent. The stock is still poised for its worst full-year performance since 2013. The S&P 500…
Read MoreEurope: Stoxx closes up; French stocks outperform on expectations of new budget
EUROPEAN shares eked out gains on Friday (Dec 6), with French stocks logging their biggest daily rise in three weeks as investors factored in a potential budget despite ongoing political uncertainty, while also parsing an upbeat US jobs report. The pan-European Stoxx 600 was up 0.2 per cent, logging its seventh consecutive day in advances…
Read MoreDating Costs: 50 Cities Compared
Dating can be a fun way to meet new people, but it can also be expensive. In this article, we will look at the average date cost in 50 different cities across the United States. By comparing these costs, you can see where you might want to go for a date without breaking the bank.…
Read MoreChina’s JD Logistics takes full ownership of Kuayue-Express with 6.48 billion yuan stake buy
CHINA’S JD Logistics will acquire the 36.43 per cent stake it does not already own in Kuayue-Express Group for not more than 6.48 billion yuan (S$1.2 billion) to further enhance express delivery offerings, the logistics services firm said on Friday (Dec 6). Under an agreement, Suqian Jingdong Bohai Enterprise Management, a unit of JD Logistics,…
Read MoreIndia central bank holds rates steady; cuts banks’ cash reserve ratio
THE Reserve Bank of India (RBI) kept its key interest rate unchanged on Friday (Dec 6) but cut the cash reserve ratio (CRR) that banks are required to hold, effectively easing monetary conditions as economic growth slows. The country’s GDP growth rate fell to 5.4 per cent in the July to September quarter, its slowest…
Read MoreWorld Bank raises record US$100 billion for aid to poorest nations
THE World Bank received pledges to deploy a record of US$100 billion via its unit focused on low-interest loans and grants to the poorest nations. The total figure to fund its International Development Association (IDA), whose resources must be replenished every few years, builds on pledges from donor countries announced this week totalling US$24 billion,…
Read MoreWall Street banks predict biggest China rate cuts in a decade
CHINA’S central bank will deliver the biggest interest-rate cuts in a decade next year as policymakers intensify efforts to shore up growth and arrest deflation, in the view of a number of Wall Street banks. Goldman Sachs and Morgan Stanley are among those projecting cuts of 40 basis points to the People’s Bank of China’s…
Read MoreBarclays promotes 116 staffers across bank to managing director
BARCLAYS promoted 116 employees across the bank to its managing director ranks. The investment bank took the largest share of the promotions, according to a source familiar with the matter, who asked not to be identified discussing non-public information. That division has been aided by the volatility roiling markets this year, which has spurred client…
Read MoreGold heads for second weekly fall; spotlight on US payrolls data
GOLD prices held steady on Friday (Dec 6) but were headed for a second straight week of decline, while focus shifted to the US payrolls data due later in the day. Spot gold was unchanged at US$2,631.60 per ounce, as at 0022 GMT, dropping about 0.8 per cent so far this week. US gold futures…
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