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NEW YORK/LONDON: Bitcoin gained on the day on Monday as buyers stepped in to buy the cryptocurrency, after earlier tumbling to its lowest level in six months on fears of a Russian attack on Ukraine and before this week's Federal Reserve meeting.
NEW YORK: Investors should avoid the temptation to buy the dips in expensive high-growth stocks because “once the fever breaks, it lasts a long time,” according to Andrew Slimmon, senior portfolio manager at Morgan Stanley Investment Management.
A lacklustre market debut for the first two blank-check companies to list in Singapore is raising some questions whether the excitement seen for such vehicles in the U.S. early last year will prevail in Asia.
NEW YORK: Currency market investors are less sure about the U.S. dollar's outlook now than they have been for many months, prompting sharp gyrations by the greenback last week despite red hot inflation data and a hawkish Federal Reserve.
SINGAPORE: The rapid expansion of Sea Ltd’s Shopee e-commerce platform in Brazil has emerged as the latest threat for the country’s retailers, posing a risk to any recovery in their battered shares.
Record 46% of all Covid-19 tests in Philippines come back positive; back to half day trading as virus surges
The percentage of positive Covid-19 tests reached a record high in the Philippines, fueling fears of a return to stricter curbs on movement and triggering a selloff of stocks as hopes fade for a swift economic recovery.
NEW YORK: The torrid selloff that raced through the Treasury market the past week has investors bracing for further losses that would push the benchmark 10-year yield toward 2%, with growing expectations the Federal Reserve (Fed) is poised to act quickly to tamp down the steepest inflation in four decades.
BOSTON: Wall Street's headache over the potential of a relatively fast pullback from stimulus by the U.S. Federal Reserve lingered Thursday as stocks sold off again and government bond yields mostly marched higher.
NEW YORK: There’s little reason to fear that the rally that catapulted United States stocks to successive records this year will end soon, according to JPMorgan Chase & Co strategists. In fact, it may get broader.
WITH Didi Global Inc seeking a listing in Hong Kong less than a year after its tumultuous debut in New York, investors are looking for other US-traded Chinese names that could potentially offer shares closer to home amid regulatory pressures.