Global trade tensions are once again in the spotlight, with some investors wondering how to position their portfolios for the best long term gains. While uncertainty can lead to short-term volatility, it also creates opportunities for those who invest with a long-term perspective. If you missed our latest webinar, now is the time to catch...
(Reuters) – SoftBank Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company’s executives told banks last week, The Information tech news website reported on Saturday, citing people familiar with the matter. The Japanese technology investor might borrow another $8 billion in early 2026, the report added. Reuters reported in...
Americans clearly voted against the Joe Biden economy in 2024, with inflation and the perception of Democratic ineptitude clinching Donald Trump’s presidential win. Consumer confidence jumped up after the election, as if economic salvation was at hand. Just one month into Trump’s presidency, however, Americans are gloomier than they were at the end of Biden’s....
(Removes extraneous word ‘the’ in paragraph 2) (Reuters) -India’s Paytm received a show cause notice from India’s financial crime fighting agency on Saturday for allegedly violating the country’s Foreign Exchange Management Act. The notice relates to violations relating to the acquisition of two subsidiaries – Little Internet Private Limited and Nearbuy India Private Limited for...
BEIJING (Reuters) – China’s manufacturing activity returned to expansion in February, an official factory survey showed on Saturday, indicating that Beijing’s stimulus measures are helping shore up a patchy recovery in the world’s second-largest economy. The official purchasing managers’ index (PMI) was 50.2 inFebruary, a three-month high, compared to 49.1 in January and above the...
(Reuters) – A federal judge on Friday dismissed a lawsuit by U.S. securities regulators accusing an online entrepreneur of raising more than $1 billion through unregistered cryptocurrency offerings and defrauding investors out of $12.1 million to buy luxuries including the world’s largest black diamond. U.S. District Judge Carol Bagley Amon in Brooklyn cited a lack...
Trump layoffs hit key ‘air traffic control for space’ unit Joey Roulette and Valerie Volcovici Sat, March 1, 2025 at 12:06 AM UTC 3 min read FILE PHOTO: Starlink satellites launch from Cape Canaveral By Joey Roulette and Valerie Volcovici WASHINGTON (Reuters) – The Trump administration this week fired employees who were building a system...
(Reuters) – Alternative asset manager Blackstone’s CEO Steve Schwarzman collected over $1 billion in pay and dividends last year, Bloomberg News reported on Friday. The company paid $84 million to Schwarzman for 2024, including a base salary of $350,000, it said in a regulatory filing. He earned $916 million in dividends, according to the Bloomberg...
Welcome to this week’s edition of top stock market highlights. Nvidia (NASDAQ: NVDA) Investors have been eagerly waiting for Nvidia’s latest full-year fiscal 2025 (FY2025) earnings. And the graphics processing unit (GPU) giant did not disappoint. FY2025’s revenue more than doubled year on year to US$130.5 billion. Gross margin increased by 2.3 percentage points from...
By Rae Wee SINGAPORE (Reuters) – Bitcoin dropped to its lowest level , dragged by uncertainty about U.S. President Donald Trump’s tariff plans and crypto policy and flagging investor confidence after a $1.5 billion hack in rival crypto currency ether. Bitcoin, the world’s largest cryptocurrency by market value, was last down on the day at...
