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Safe-haven gold on track for weekly gain
[ad_1] GOLD prices were steady on Friday (Nov 22) but still poised for a weekly gain, driven by safe-haven demand due to escalating geopolitical concerns, while market awaited clearer signals...
China’s richest man berates PDD, ByteDance for months of misery
[ad_1] CHINA’S richest man lashed out at two of the country’s biggest tech giants for fanning online vitriol targeting him earlier this year and instigating a price war that wiped...
Uber said in talks to invest in US IPO of China’s Pony AI
[ad_1] UBER Technologies plans to invest in Pony AI’s US initial public offering (IPO), which is expected to be priced next week after being upsized by the autonomous driving firm,...
Hong Kong’s private wealth assets rise for first time since 2020
[ad_1] HONG Kong’s total private wealth assets under management rose slightly last year to about HK$9 trillion (S$1.6 trillion), the first annual growth since 2020, according to a report released...
Charles Schwab eyes spot crypto trading once regulations change
[ad_1] CHARLES Schwab’s incoming chief executive officer, Rick Wurster, said the firm is looking to offer spot cryptocurrency trading once US regulations make doing so easier – something that’s more...
Google could be forced to sell Chrome. Here’s what you need to know
[ad_1] Google and federal officials are battling it out over a proposal that the tech giant be forced to sell its popular Chrome web browser to restore competition to the...
SMIC’s Nvidia-beating 120% stock rally faces chip war threats
[ad_1] SEMICONDUCTOR Manufacturing International Corporation’s (SMIC) stock has more than doubled over the past two months on an expected boost from China’s self-reliance push, even amid risks tied to competition...
Goldman, Morgan Stanley, Bank of America ask buyers of bank risk to disclose leverage
[ad_1] US BANKS including Goldman Sachs, Morgan Stanley and Bank of America (BOA) are asking investors to disclose whether they plan to use additional debt to invest in significant risk...
US: Wall St opens higher after jobless claims data, Nvidia results
[ad_1] Wall Street’s main stock indexes opened higher on Thursday (Nov 21) after data reflected a robust labour market, and AI-heavyweight Nvidia advanced after reporting upbeat quarterly results and forecast.The...