Fitch now forecasts China will keep its one-year medium-term lending facility (MLF) unchanged this year at 2.5%, and cut it to 2.25% next year.
Schlagwort-Archiv: Markets
Klarna rival Zilch raises $125 million with aim to triple sales and accelerate path to IPO
British fintech firm Zilch says it’s raised $125 million in debt from Deutsche Bank to help it further its path toward an eventual initial public offering.
Steve Cohen is set to make a big push into investing in AI
Steve Cohen’s Point72 plans to launch a separate, artificial intelligence-focused hedge fund to capitalize on the boom.
Warren Buffett buys Occidental shares for 9 straight days, pushes his stake to nearly 29%
The Omaha, Nebraska-based conglomerate purchased Occidental shares every trading day from June 5 to Monday.
Nvidia to get 20% weighting and billions in investor demand, while Apple demoted in major tech fund
The chip stock will jump to about 21% from 6% in a $70 billion tech ETF once a new rebalance takes effect.
American households have seen their purchasing power increase
Wage growth has surpassed inflation for a year, meaning households have seen their buying power increase.
Google’s Android apps are coming in 3D via Xreal as competition with Apple’s Vision Pro heats up
Games and movies on Google Play Store apps can now be viewed in 3D via a new Android mobile device from augmented reality glasses maker Xreal, the startup said.
Warren Buffett buys Occidental shares for 9 straight days, pushes his stake to nearly 29%
The Omaha, Nebraska-based conglomerate purchased Occidental shares every trading day from June 5 to Monday.
Sen. Warren warns Powell against weakening banking regulations: ‘Do your job’
Bank CEOs have said the Basel III Endgame capital increases are unnecessarily aggressive and would force the industry to curtail lending.
GameStop closes more than 12% lower after annual meeting fails to offer details on firm’s strategy
The meme stock fell about 12% as its rescheduled shareholder event wrapped up with no detailed remarks about the company’s strategies.