[ad_1] Credit Suisse Group AG AG has offered to buy back its debt securities worth about $3 billion in the backdrop of concerns about the Swiss bank’s financial health, which…
[ad_1] Former Treasury Secretary Lawrence H. Summers has expressed his concerns over the decision of OPEC+ after the alliance reduced its output by 2 million barrels per day, a decision…
[ad_1] Samsung Electronics Co Ltd SSLNF has reported its earnings guidance for the third quarter, with the consolidated operating profit likely to drop nearly 32% to 10.8 trillion won compared to the…
[ad_1] As the ‘No Oil Producing and Exporting Cartels’ (NOPEC) bill gained momentum among both parties, Democratic Senate Majority Leader Chuck Schumer said in his tweet that Saudi Arabia’s actions will…
[ad_1] Hong Kong markets opened on a strong note on Wednesday morning, taking cues from an upbeat Wall Street session where major indices closed about 3% higher. The benchmark Hang…
[ad_1] After soaring past $1,700 an ounce on Tuesday, gold prices steadied as traders considered whether the U.S. Federal Reserve may tone down its hawkish stance post the release of weak economic data. U.S.…
[ad_1] The United States is nudging the Organization of the Petroleum Exporting Countries and its allies, known as the OPEC+ nations, to avoid significant oil output cuts when President Joe Biden is seeking to prevent U.S. gasoline prices…
[ad_1] U.S.-based chip-manufacturer Micron Technology, Inc. MU has plans to invest up to $100 billion over the next 20 years to construct a new mega fab in Clay, New York, with the…
[ad_1] The Ontario Teachers’ Pension Plan, one of Canada’s largest pension funds, is reportedly increasing its exposure to bonds, citing yields that have turned attractive following the worst sell-off in a generation.…
[ad_1] Apple Inc. AAPL supplier Hon Hai Precision Industry Co., Ltd HNHPF, operating as Foxconn, said the company is “cautiously positive” about the outlook for the fourth quarter. What Happened: The…
[ad_1] Russian energy giant Gazprom PJSC OGZPY will reportedly permit Hungary to delay payments for natural gas if necessary, as surging imports threaten to derail the country’s strained budget. The move comes days after…
[ad_1] Ray Dalio, billionaire investor and founder of Bridgewater Associates, has quoted legendary economist John Maynard Keynes to express what he feels about cash as an asset in the current…
[ad_1] Meta Platforms Inc. META is no longer among the top 10 most valuable companies in the world as its market cap fell to $366.61 billion with shares of the company…
[ad_1] Hong Kong stocks opened lower on Friday morning following another sell-off on Wall Street after a temporary relief rally. Electric Vehicle stocks plunged with Xpeng, Li Auto and Nio…
[ad_1] Alphabet Inc’s GOOGL GOOG Google is shutting down its consumer gaming service Stadia as it didn’t gain traction with users, the company said in a statement. “A few years ago,…
[ad_1] Cathie Wood’s ARK Investment Management bought over 950,000 shares of software-maker UiPath Inc PATH, valued at over $11.9 million based on Thursday’s closing price. The purchase was done through…
[ad_1] Warren Buffett’s Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B) has been on a buying spree as it loaded up over 5.98 million shares of Occidental Petroleum Corporation OXY over the last three days valued…
[ad_1] Tesla Inc TSLA rival Zhejiang Leapmotor Technology’s shares opened 14.5% lower at HK$41 ($5.22) apiece on Thursday, as against its initial public offering price of HK$48. The stock later plunged to as…
[ad_1] The rout in the financial market resulting from the U.K. government’s spending plan “suggests incompetence,” billionaire investor and founder of Bridgewater Associates, Ray Dalio, said in a series of tweets.…
[ad_1] Hong Kong stocks opened in the green, taking cues from a relief rally on Wall Street after the Bank of England said it will start buying government bonds at…
[ad_1] Tesla Inc. TSLA has added Airbnb Inc ABNB co-founder Joe Gebbia to its Board of Directors with effect from September 25, the company said in a statement. Tesla indicated…
[ad_1] Hong Kong shares opened lower on Wednesday, with the benchmark Hang Seng slipping 2.5%, taking cues from the S&P 500 which fell deeper into the bear territory after hitting…
[ad_1] “Big Short” investor Michael Burry has pointed out in his now-deleted tweet that rising yields across the curve despite a widespread prediction that deflation could be on the cards…
[ad_1] In a bid to diversify its trading partners and to take advantage of a discount on average global commodity prices, the Taliban have signed a provisional deal with Russia…
[ad_1] Ford Motor Company F on Tuesday unveiled its new 2023 F-Series Super Duty lineup of pickup trucks and chassis cabs that will cater to essential commercial industries. Release: The 2023 Ford F-Series Super…