Finance/Venture

Recent US Inflation Report Boosts Tech Stocks, With Semiconductor Shares Rebounding

Wall Street rebounded strongly on Friday, led by a 1.63% surge in the Dow Jones, after moderate inflation data boosted hopes for an early Federal Reserve interest rate cut.


Big European Banks to Report Q2 Earnings This Week

The largest banks in Europe, such as Santander, BNP Paribas, and Deutsche Bank, are set to report their earnings for the second quarter of 2024 this week following the announcement from the European C..

Asian Share Markets Likely to Falter Following Biden's Withdrawal from White House Race

Share markets across Asia are expected to stay in the red after last week’s tech bloodbath, as well as the shock announcement of US President Joe Biden bowing out of the presidential race in November...

HSBC Promotes CFO Georges Elhedery to CEO

HSBC announced that Georges Elhedery, its chief financial officer, will become the firm’s next CEO effective Sept. 2...


Latest News

PayPal Launching New Advertising Platform That Analyzes Users’ Shopping Habits
PayPal is launching an advertising platform that analyzes client spending using transaction data.
Trump Media Asks Louisiana to Investigate 'Anomalies' Surrounding the Trading of Its Shares
Trump Media and Technology Group (TMTG), the owner of former President Donald Trump's social media platform Truth Social, has called on Louisiana's financial regulator to investigate alleged irregular
Virgin Galactic, AST SpaceMobile, Rocket Lab Stocks Skyrocket — Here's Why
The shares of Virgin Galactic, AST SpaceMobile, and Rocket Lab have skyrocketed after the Memorial Day long weekend.
Toyota Is Set to End Massive Sponsorship Deal With International Olympic Committee: Report
Toyota is reportedly ending its massive sponsorship deal with the International Olympic Committee (IOC).
Bank of Israel Faces Inflation Risks Following Refusal to Cut Interest Rate due to Massive War Spending
The Bank of Israel has opted to maintain its benchmark interest rate amid concerns over war-related budget strains, inflationary pressures, and supply chain disruptions.
South Korea, Japan, China Holds Trilateral Summit in Seoul to Discuss Resuming Free Trade Agreement Talks
South Korean President Yoon Suk-Yeol, Japanese Prime Minister Fumio Kishida, and Chinese Premier Li Qiang are to hold a trilateral summit in Seoul which would focus on resuming talks on a free trade a
Multi-Billion Dollar, Hybrid Crypto Exchange Websea, Thrives Under Crypto Champion Herbert Sim's Operational Leadership
It was no wonder Websea, the platform with Herbert as its COO since August 2023, would scale great heights. Websea, a billion-dollar market cap hybrid crypto exchange with CEX and DEX features combine
British-Chinese Woman Bitcoin Launderer Faces 6-Year-Imprisonment Over $6 Billion Crypto Fraud
A British-Chinese woman bitcoin launderer was sent to prison. She allegedly conducted a $6 billion crypto fraud scheme.
Beloved 'Doge' Meme Icon, Kabosu the Shiba Inu, Passes Away in Japan
Kabosu, the Shiba Inu behind the iconic 'Doge' meme and inspiration for Dogecoin, passed away, leaving a legacy that transcended internet culture to influence cryptocurrency worth $23 billion.
Nvidia's AI Chips Face Weak Demand in China Despite High Supply
Nvidia's newest AI chip for the Chinese market is struggling with oversupply and reduced prices amid fierce competition from Huawei, which is impacting its position in a key market affected by US sanc
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