- November 26th, 2024
Chinese stocks, which had rallied earlier in the session, reversed course sharply after a joint ministry briefing on property support measures left traders underwhelmed. Market participants had been hoping for more aggressive action from Beijing, but the actual announcements fell...
Asian trade on Thursday, oil prices rebounded slightly, reversing some of the sharp losses seen in the previous two sessions. This rally came after surprising industry data revealed an unexpected drop in U.S. crude oil stockpiles, countering broader market trends...
After four consecutive days of losses, global oil prices saw a rebound as traders weighed the escalating tensions in the Middle East and their potential impact on crude production against rising concerns over a global oversupply of oil. Brent crude...
Apple Inc. (AAPL) stock surged to an intraday high of $237.49, continuing its upward trajectory in 2024 and reaffirming the tech giant's dominant position in the global market. However, even as Apple celebrates this financial milestone, analysts are sounding alarms...
Asian markets gained momentum following a positive close on Wall Street, as investors shifted their focus from megacap technology stocks to economically sensitive shares, including smaller companies. This rotation signals a broader optimism about the global economy’s recovery, despite ongoing...
Australia’s employment market remained impressively robust in September, according to the latest data released on Thursday, showcasing a sustained growth in hiring and a stable unemployment rate. The new figures triggered a sharp rise in the Australian dollar and bond...
In a move emblematic of a growing trend in the hedge fund industry, Millennium Management LLC, one of the world’s largest and most successful multi-strategy hedge fund firms, has entered into an agreement to allocate substantial capital to Hong Kong-based...
Asian shares were steady on Thursday as investors awaited a pivotal housing policy briefing in China, which has ignited hopes of additional support for the country’s faltering property sector. In the background, the U.S. dollar stood firm near two-and-a-half-month highs,...
In response to escalating global competition for cutting-edge technologies, South Korea is ramping up efforts to safeguard its intellectual property and business secrets from overseas leaks. The country's finance minister, Choi Sang-mok, announced on Thursday that the government would introduce...
In the booming world of artificial intelligence (AI), where tech giants, computer scientists, and venture capitalists thrive, few would imagine that one of the most unexpected beneficiaries would be Anguilla, a tiny British territory in the Caribbean. This island of...
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