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US: Wall Street opens lower as selloff resumes
US: Wall Street opens lower as selloff resumes
WALL Street’s main indexes slipped at the open on Friday (Jul 19) as investors continued to move away from heavily weighted chip and megacap tech stocks, while assessing the...
LSEG data and services back up and running after outage
LSEG data and services back up and running after outage
LSEG Group’s data and services were back up and running on Friday (Jul 19) after suffering an outage earlier in the day that caused some disruption across financial markets. A...
Meta chief Zuckerberg declines to endorse Trump or Biden in elections
Meta chief Zuckerberg declines to endorse Trump or Biden in elections
MARK Zuckerberg said that former President Donald Trump’s immediate reaction after being shot was “badass” and inspiring, and helps explain his appeal to voters. “Seeing Donald Trump get up after...
China likely to maintain lending rates even as economy slows
China likely to maintain lending rates even as economy slows
CHINA is expected to leave benchmark lending rates unchanged on Jul 22, while more market participants project further monetary easing to aid the economy following weaker-than-expected second-quarter economic data,...
Trump welcomes China to build cars in US in departure from Biden
Trump welcomes China to build cars in US in departure from Biden
FORMER US president Donald Trump has reiterated an openness for Chinese automakers to build cars in the US as a way to boost the economy, signalling a potentially different...
Goldman’s top stock analyst is waiting for AI bubble to burst
Goldman’s top stock analyst is waiting for AI bubble to burst
OVER three decades on Wall Street, Jim Covello has learned how painful it can be to bet against an inflating tech stock bubble. The market has a way of...
US streaming rivals team up to catch Netflix
US streaming rivals team up to catch Netflix
US VIDEO streaming companies are joining forces to attract new viewers, boost ad sales, and finally turn a profit – something only Netflix has managed to accomplish so far.Be...
Hot stock: Yoma Strategic falls 8.8% after response to SGX queries about chairman in Myanmar junta custody
Hot stock: Yoma Strategic falls 8.8% after response to SGX queries about chairman in Myanmar junta custody
SGX has asked if Serge Pun’s presence in the capital and his meetings with authorities have any impact on Yoma’s financials, operations and businessesSHARES of Yoma Strategic fell 8.8...
Stocks to watch: Sats, Keppel
Stocks to watch: Sats, Keppel
THE following companies saw new developments that may affect trading of their securities on Friday (Jul 19): Sats: The in-flight caterer and ground handler will partner Mitsui & Co,...
ECB policymakers back more rate cuts as inflation heads back to goal
ECB policymakers back more rate cuts as inflation heads back to goal
TWO European Central Bank policymakers on Friday (Jul 19) backed further interest rate cuts, expressing greater confidence that inflation was heading to the ECB’s goal next year. The ECB held...