The Federal Reserve has officially started its rate-cutting cycle. On September 18, the central bank made a more aggressive move than anticipated, slashing the key funds rate by half a …
Cryptocurrency News
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Cryptocurrency News
Super Micro Computer’s 10-for-1 Stock Split Is Happening Today. Here’s What You Need to Know.
by skolnesThe big day has arrived for Super Micro Computer (NASDAQ: SMCI). The technology company’s stock split happens after the market close, and the shares will begin trading tomorrow at their …
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Analysis-Painful policy choices loom after China’s ‘monumental’ consumer stimulus plan
by skolnesBEIJING/HONG KONG (Reuters) – China’s stimulus plans to fill consumer pockets to meet its 2024 growth target breaks away from a decades-old policy playbook, but making household demand a sustainable …
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Analysis-Broadening gains in US stock market underscore optimism on economy
by skolnesBy Lewis Krauskopf NEW YORK (Reuters) – More stocks are participating in the S&P 500’s latest march to record highs, easing concerns over a rally that has been concentrated in …
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As big supermarkets pursue profits, new research shows growing exploitation of shrimp farmers
by skolnesBANGKOK (AP) — Indonesian shrimp farmer Yulius Cahyonugroho operated more than two dozen ponds only a few years ago, employing seven people and making more than enough to support his …
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(Bloomberg) — Japanese stocks tumbled after Shigeru Ishiba’s surprise victory over Sanae Takaichi in the ruling party’s leadership race wrongfooted investors who had bet on a boost from more monetary …
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(Bloomberg) — Chinese stocks extended one of their most remarkable turnarounds in history, soaring for a ninth straight day as government stimulus entices investors back to one of the most …
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(Bloomberg) — Nio Inc. jumped the most in nearly five months Monday after unveiling a cash injection worth 13.3 billion yuan ($1.9 billion) from existing shareholders. Most Read from Bloomberg …
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Japan’s Nikkei index sinks 4.7% after ruling party chooses Ishiba as next prime minister
by skolnesJapan’s benchmark Nikkei 225 index tumbled nearly 5% early Monday after the country’s ruling Liberal Democrats chose Shigeru Ishiba, a former defense minister, as the next prime minister. Ishiba is …
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(Bloomberg) — Japanese stocks are set to slump early Monday after ruling party elections raised expectations of further central bank interest rate hikes. Traders will also be closely watching events …