Finance News
Hong Kong’s IPO market still waiting to rebound after recent flop

[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 […]

Updated: May 5, 2023
Bank of Korea governor says it’s ‘premature’ to talk about rate cuts

[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 […]

Updated: May 3, 2023
where to eat and stay in Seoul

[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 — […]

Updated: May 1, 2023
Markets next week have to contend with how aggressive the Fed sounds

[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 […]

Updated: Apr 28, 2023
Appeals court rejects Trump’s effort to block Pence from testifying in Jan. 6 probe

[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 […]

Updated: Apr 27, 2023
ByteDance pushes Lemon8 app in the U.S. as TikTok faces a ban

[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 […]

Updated: Apr 25, 2023
Activists gather for Earth Day, urge action to avoid ‘dystopian’ future

[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 […]

Updated: Apr 22, 2023
Analysts say one stock is set to soar

[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 […]

Updated: Apr 21, 2023
France ETF booms despite domestic turmoil. Thank the Chinese consumer

[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 […]

Updated: Apr 19, 2023
Analysts love these 15 cheap stocks — and give one 250% upside

[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 […]

Updated: Apr 17, 2023