Guzman y Gomez shares surge 36% in Australia’s biggest IPO this year
by Mexican grocery chain Guzman Y Gomez has landed Australia’s biggest IPO in three years. The company’s shares rose by more than a third on its …
Month: June 2024
Chinese automakers demand retaliatory tariffs on EU cars, state media reports
Chinese automakers have urged the Chinese government to raise tariffs on gasoline-powered cars imported from Europe in retaliation for Brussels’ export restrictions on Chinese-made electric …
Singapore job vacancies rise despite rising unemployment: MOM report
Singapore job vacancies rose in March 2024 despite a slight increase in the number of unemployed. The latest quarterly report on the labour market paints …
Brent rises on Middle East war fears, WTI falls ahead of inventory report
Brent crude futures rose slightly in early trade Thursday after Israeli tanks rolled into Gaza, while U.S. crude futures fell on expectations of rising crude …
AI fever is driving Nvidia to become the world’s most valuable company
NEW YORK: NVIDIA has become the world’s most valuable company thanks to a staggering rise in its share price, highlighting how investors believe artificial intelligence …
Digital payments and precious metals are among the high-risk sectors as
Singapore updates its money laundering risk assessment Singapore: Gems and metals, and digital payments are two new sectors identified as high risk for money laundering …
Trump Media shares continue to fall as SEC action threatens to hurt shareholders
Trump Media & Technology Group Corp. The company that runs former President Donald Trump’s Truth Social platform said Tuesday that regulators had allowed some investors …
Tesla’s Big, Big, Disruptive Future
Elon Musk got paid. And a lot. Here’s where it gets interesting: Musk has to make Tesla so big, successful, and valuable that the tens …
Stock Market Today: Asian shares mixed after Wall Street hits new record
Asian shares were mixed on Wednesday after U.S. benchmarks hit new records following the latest signs that the U.S. economy may slow without falling into …
New York Fed’s John Williams said the bank will “ignore politics” and “rely on data” to make interest rate decisions
New York Fed’s John Williams said the bank will “ignore politics” and “rely on data” to make interest rate decisions Following the Fed’s latest meeting …