[ad_1] The Hong Kong Stock Exchange in Hong Kong, China, on Wednesday, July 13, 2022. Paul Yeung | Bloomberg | Getty Images Hong Kong’s largest IPO so far this year flopped last week suggesting the market still needs time to rebound, despite positive signs pointing to a recovery. The offering raised $675.2 million, but shares […]
[ad_1] Rhee Chang-yong, governor of the Bank of Korea, at an event during the spring meetings of the International Monetary Fund (IMF) and World Bank in Washington, DC, US, on Friday, April 14, 2023. Bloomberg | Bloomberg | Getty Images Bank of Korea Governor Rhee Chang-yong says it’s too early to start talking about rate […]
[ad_1] A decade ago, a person who walked into a restaurant in Seoul and asked for “han myung-I” —a table for one — could be declined service. That’s because restaurants in South Korea prefer groups of two or more, owing to a complex mix of local social dynamics, profit margins and simple logistics — […]
[ad_1] ” To [pause], or not to [pause]? That is the question — Whether ’tis nobler in the mind to suffer The slings and arrows of outrageous fortune, Or to take arms against a sea of troubles, And, by opposing, end them?” — Shakespeare’s “Hamlet” (modified) Wall Street’s anxiety over events next week will revolve […]
[ad_1] U.S. President Donald Trump listens as Vice President Mike Pence answers questions during the daily briefing of the coronavirus task force in the Rose Garden of the White House on April 27, 2020 in Washington, DC. Win Mcnamee | Getty Images News | Getty Images A federal appeals court Wednesday rejected Donald Trump‘s attempt to […]
[ad_1] While political scrutiny continues to intensify on the widely popular short video app TikTok in the U.S. and across the world, Lemon8 owned by ByteDance is going viral. Jakub Porzycki | Nurphoto | Getty Images Chinese tech giant ByteDance is pushing another social media app in the U.S. — even as its flagship short […]
[ad_1] A man dressed as a tree walks on stilts past the Houses of Parliament at ‘The Big One’ environment event which coincides with “Earth Day”, in London, April 22, 2023. Kevin Coombs | Reuters Climate change campaigners gathered outside Britain’s parliament building ahead of Earth Day to urge action on global warming, while volunteers […]
[ad_1] Big banks just had a busy earnings week, and a few beat expectations. Two of them were Citi and Bank of America , both of which exceeded forecasts on revenue and other metrics. “There are expectations for greater regulatory oversight given SIVB’s failure, but large banks are well prepared and we do not expect […]
[ad_1] France has been mired in turmoil for months, as president Emmanuel Macron’s push to raise the pension age led to widespread protests . But oddly, the French stock market has been climbing, thanks in part to high-end consumers in China and a seemingly insatiable demand for all things Cartier, Dior and Chanel. The iShares […]
[ad_1] Stocks are climbing — the S & P 500 notched its highest close since February on Thursday. Tech stocks in particular have been a bright spot despite the market volatility brought on by the banking crisis, with the Nasdaq up around 16% so far this year — beating the S & P 500 and […]