Investing News

Why China’s Acceptance of a Lower Currency Value Could Be Short-Lived

Chinese Yuan Slowly Nudged Lower to Boost Export Competitiveness In recent months, currency markets have been closely monitoring the subtle…

2 years ago

Roblox Lowers Annual Bookings Forecast Due to Decreased Player Spending

Roblox, the popular video-gaming platform, has cut its annual bookings forecast, signaling a decrease in spending within its platform due…

2 years ago

US Prosecutors Investigate Tesla Autopilot Probe for Securities and Wire Fraud

U.S. prosecutors are investigating whether Tesla misled investors and consumers about the capabilities of its electric vehicles' self-driving technology, according…

2 years ago

Summer Sports to Boost Worldwide Beer Sales

Global brewers are poised for a rebound in beer sales this year after a series of declines, with factors such…

2 years ago

Global Economy Sends Mixed Signals Causing Stocks and Bonds to Wobble

Investors around the world are shifting their focus from recession fears to economic growth as the U.S. and European economies…

2 years ago

Thai Business Group Reduces 2024 GDP Growth Prediction to 2.2%-2.7%

Thailand's Economy Faces Slowdown as Export Recovery Falters Thailand's economy is facing a slowdown this year, with growth expected to…

2 years ago

BP Reassures Investors with Softer Tone on 2030 Oil Output Cut

BP, one of the major oil companies, has adjusted its language regarding its pledge to reduce oil and gas output…

2 years ago

Chief Economist Lane believes the case for an ECB rate cut is gaining strength

The European Central Bank (ECB) is considering an interest rate cut in June as services inflation begins to ease, according…

2 years ago

Caixin PMI Shows China’s Services Activity Softening in April, Yet Remains Strong

China's services sector growth showed a slight slowdown in April, according to a private sector survey released on Monday. The…

2 years ago

Big Oil Discovers New Opportunities in Deepwater Exploration Fields

Offshore exploration is back in the spotlight as Big Oil returns to Houston for the industry's annual showcase of offshore…

2 years ago

IMF Mission to Visit Pakistan This Month for Discussions on New Loan

The International Monetary Fund (IMF) is set to send a mission to Pakistan this month to discuss a new programme…

2 years ago

Foxconn reaffirms Q2 revenue growth, achieves record sales in April

Taiwan's Foxconn, the world's largest contract electronics maker and the biggest assembler of Apple's iPhone, is expecting a rise in…

2 years ago

Buffett Discusses Succession Plan and Future of Berkshire Hathaway at Annual Meeting

Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, took the stage at the company's annual meeting to discuss…

2 years ago

Berkshire Executive Dismisses Wildfire Claims Against Utility as Baseless

Berkshire Hathaway, led by Warren Buffett, is gearing up to fight all lawsuits against its utility business related to wildfires,…

2 years ago

Asia Leads Global Equity Funds in Attracting Strong Weekly Inflows

Global equity funds saw a resurgence in investor interest in the week ending May 1, with a net inflow of…

2 years ago