US stocks jump on Fed rate cut bets but lose ground on the week
Wall Street stocks closed sharply higher on Friday (Nov 21) as rising expectations of a December interest rate cut by the Federal Reserve offset concerns over lofty tech valuations. A…
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US: Wall St opens higher as December rate cut bets strengthen
Wall Street’s main indexes opened higher on Friday (Nov 21) as traders raised bets on an interest rate cut by the Federal Reserve in December following commentary from policymakers, with…
Foreigners buy most Philippine stocks in two years on BSP Bets
The buying has helped lift the nation’s benchmark index this week, set to close about 7% higher Global investors snapped up the most Philippine shares in more than two years on…
Gold extends falls on firm US dollar, easing Fed rate-cut bets
Traders are currently pricing in a 43% probability of a quarter-point Fed rate cut next month, down from 50% in last week Gold fell for a fourth straight session on Tuesday (Nov 18),…
Tencent posts 15% revenue jump, sustaining growth without splashy AI bets
China’s most valuable company reports sales of 192.9 billion yuan for the three months ended September [SHENZHEN, China] Tencent Holdings posted a faster-than-anticipated 15 per cent rise…
MLB will now cap bets on pitches, following the Cleveland Guardians rigging scandal
Major League Baseball said its authorized gaming operators will cap bets on individual pitches at $200 and exclude them from parlays, a day after two Cleveland Guardians were indicted and…
Gold rises on Fed rate cut bets, growth worries
GOLD prices rose on Monday, buoyed by expectations of another Federal Reserve interest rate cut in December and a slew of weak economic data that raised global growth worries. Spot gold…
Seville European Film Festival Bets on Scale, Broader Audiences and Industry Clout as EFA Nominations Return to the City
The 22nd Seville European Film Festival will double down on an expanded big-tent model — citywide venues, broader audiences and a beefed-up industry platform — as the European Film Awards…
Gold gains on softer dollar, increasing bets of Fed rate cut
GOLD rose on Friday as the dollar slid after private-sector job reports indicated weakness in the US labour market increasing expectations of another Federal Reserve interest rate cut,…
Shay Mitchell Bets Big on Gen Alpha Beauty with Rini
At a time when the beauty curious are getting younger, Shay Mitchell is unveiling her latest business venture: Rini, a skin care brand for kids, ages 4 through 12. Named after the Korean…
Sunway Healthcare bets on senior-living demand with KL ramp-up, Johor expansion
Its managing director says there is a gap in Malaysia for integrated wellness solutions for the elderly Sunway Healthcare Group is expanding its senior-living offerings, ramping up its…
Toyota raises profit outlook, bets it can ride out tariffs
The world’s top-selling carmaker now expects operating profit of 3.4 trillion yen (S$28.9 billion) for the financial year to end-March Toyota raised its full-year profit forecast on…
Boots Bets Big on Fragrance, Opening a Stand-alone Store in London
LONDON — Boots is breaking with tradition and transforming its high-growth, social-media fueled categories into stand-alone concepts, the latest of which is an experiential fragrance store…
Hedge funds flee bearish oil bets after US sanctions Russia
Hedge funds cut their bearish position on Brent crude by the most on record after the US imposed sanctions on Russia’s biggest oil companies, threatening exports from the Opec+ producer…
Malaysia bets on mix of solar and gas as it shifts away from coal
The cost-per-unit for solar is actually much cheaper than gas and coal, says TNB CEO Megat Jalaluddin Malaysia will focus on a mix of solar and gas-fired power generation as it shifts away…
Netflix Latin America Bets Big on Philip K. Dick Adaptation ‘The Future Is Ours’ (EXCLUSIVE)
Principal photography is underway on Netflix Latin America’s first-ever Spanish adaptation of a Philip K. Dick novel, “The Future Is Ours” (“El futuro es nuestro”), based on his 1956…
Indonesian bonds are top pick for Schroders on Purbaya, BI bets
Schroder Investment Management favours Indonesian bonds and the rupiah as its top picks in Asia, betting that government efforts to boost growth and expectations of further interest-rate…
US: Wall Street opens higher as cool inflation data fuels Fed rate cut bets
WALL Street opened on solid ground on Friday (Oct 24), as investors welcomed a cooler-than-expected inflation reading, while Intel’s upbeat results offered a boost. At 9.30 am EDT, the Dow…
Nomura CEO seeks to tap more private market bets from Japanese
Nomura Holdings’ chief executive officer sees more scope to get business from Japanese investors who are looking to private markets as a way to diversify their assets. “Compared with the…
Newcomers shrug off China’s EV headwinds with bets on niche cars
Despite their optimism, it’s unclear how many of the newer entrants will survive the Asian nation’s cutthroat industry For all the talk of China’s car industry being crowded with…
Gold hovers near record high on safe-haven demand, US rate-cut bets
The shutdown has delayed key economic data releases, leaving investors and policymakers in a data vacuum ahead of the Federal Reserve’s policy meeting next week Gold prices edged higher on…
BHP bets on iron ore resilience despite China slowdown; Q1 output misses
BHP Group on Tuesday struck an upbeat note on global iron ore demand even as it warned of cooling growth in China, while first-quarter output for the steelmaking element slightly missed…
Australian shares notch record closing high as jobless spike fuels rate-cut bets
Australian shares rose to a record close on Thursday (Oct 16), driven by strong gains in financials, property and gold stocks after an unexpected spike in unemployment bolstered views of…
Seatrium stays bullish on green bets despite axing of US$475 million wind project
The offshore and marine player is also exploring ‘moonshot’ projects such as a floating nuclear platform Even in the face of a US$475 million contract termination for a wind vessel,…