LONDON (Reuters) - The yen touched its weakest against the dollar since December 1986 on Wednesday, as selling pressure on the currency continued, despite repeated warnings from Japanese officials of possible intervention in the face of excessive volatility.
The dollar/yen pair rose by as much as 0.45% to 160.39.
(Reporting by Amanda Cooper editing by Alun John)
Net income margin, which is calculated by dividing net income by revenue, shows how much money a company is making from its sales
The share prices of these five blue-chip stocks are touching a year-low. Could they be worth your attention? The post Share Prices of These 5 Singapore Blue-Chip Stocks Are Hitting Their 52-Week Lows: Are They a Bargain? appeared first on The Smart Investor.
Money is rushing into Chinese government bonds, sending their prices soaring as investors hunt for a safer alternative to real estate and stocks. Beijing is worried about a bust that could bring down some banks.
Last week, while appearing at the Aspen Ideas Festival, Palantir Technologies (NYSE:PLTR) co-founder Peter Thiel shared his insights on artificial intelligence, Nvidia Corp. (NASDAQ:NVDA), and ChatGPT-parent OpenAI. Don't Miss: Amid the ongoing EV revolution, previously overlooked low-income communities now harbor a huge investment opportunity at just $500. This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, and you only need $100. What Happened: During the fes
Ballmer was employee No. 30 at Microsoft but got most of his wealth from a sweetheart deal.
Russia's trade rebounded by nearly 7% last year, while activities in the financial sector and construction grew by 6.6% and 3.6% respectively.
We highlight four dividend-paying stocks that can help you to enjoy a comfortable retirement. The post 4 Dividend-Paying Singapore Stocks That Can Help You to Better Prepare for Retirement appeared first on The Smart Investor.
Governments owe an unprecedented $91 trillion, an amount almost equal to the size of the global economy and one that will ultimately exact a heavy toll on their populations.
Cheap Chinese goods helped keep inflation low in the early 2000s, but at the cost of U.S. manufacturing. As those imports surge again, here’s what’s changed and what it means for American jobs.
After the transaction, DBS now owns 0.656% of the units in the REIT.
Nvidia won't be without stiff competition over the next decade.
As global markets navigate through varying economic climates, the Singapore Exchange (SGX) remains a focal point for investors seeking stability and consistent returns. In this context, dividend stocks often emerge as attractive options due to their potential to provide steady income streams. In light of current market conditions, a good dividend stock typically features robust fundamentals and a history of resilient performance across economic cycles, aligning well with the needs of...
Lufthansa will consider raising its stake in Italy's ITA Airways to 90%, starting from early next year, the CEO of the German airline said in an interview published on Thursday. Carsten Spohr was speaking after his company won EU antitrust approval to buy 41% of state-owned ITA for 325 million euros ($350 million). "For us, the option for the 90% starts in early 2025," Spohr told Italy's Corriere della Sera, adding that he would like the Italian government to retain a stake in ITA.
Walmart (WMT) has partnered with American Giant to roll out a line of American-made t-shirts just in time for the Fourth of July holiday. American Giant founder and CEO Bayard Winthrop joins Market Domination Overtime to discuss the partnership and some of the core principles behind the brand. "It was a real breakthrough moment for our brand, and for textiles more broadly, when you have a partner like Walmart stepping up to a long-term commitment and a volume commitment that allows the supply chain partners to really rethink the way they're thinking about producing apparel in the United States again," Winthrop says. While textiles cost more to produce in the US, he believes the benefits are worth it: "When you make things here, you do it within the constraints of the American system, which includes human rights protections, environmental protections, child labor protections, living wages, things that I think we all as Americans really appreciate." Winthrop stresses the importance of investing in America's manufacturing capabilities and workforce, explaining, "We begin to give good opportunities to those towns, those cities that want to have good, viable, and dignified work. And so that was a real founding mission for our brand." He notes that American Giant fulfills the need of consumers looking for access to good-quality, American-made products at reasonable prices. He adds, "I think the larger brands and retailers have, as a generalized statement, tried to be a part of the solution here. And I think this now points a way forward for them to join the conversation." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Melanie Riehl
The next move is almost certainly lower, which should benefit dividend payers, home builders, and auto makers.
PricewaterhouseCoopers (PwC) has named in-house executive Daniel Li as its new China head, a move that comes as it faces investigations by financial regulators in mainland China and Hong Kong. PwC said in a statement to Reuters on Wednesday that Shanghai-based Li assumed the role of chairman of PwC China and Asia Pacific with effect from July 1, taking over from Raymund Chao who retired on June 30.
We recently published a list of the 10 Best Stock Picks of Billionaire Leon Cooperman in 2024. Since Sea Limited (NYSE:SE) ranks 10th on the list, it deserves a deeper look. Billionaire Leon Cooperman predicted in April that the US is headed for a financial crisis. Cooperman said that the Federal Reserve kept interest rates near zero, but […]
The two cryptocurrencies were down in early trading Tuesday. Investors are anticipating the next wave of exchange-traded funds.
"Go to the power, know the numbers, and do not be afraid to stand out and take a stand."
Shares were mostly higher in Asia on Thursday after Wall Street’s record-breaking rally powered on. Shares fell in Chinese markets but rose in the rest of the region. U.S. futures were nearly unchanged and oil prices fell.
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