The three largest Singapore banks warned that the global environment remains uncertain even though some business activity has picked up as economies reopen from coronavirus lockdown measures.
Schlagwort-Archiv: Markets
New U.S. sanctions add uncertainty for global banks looking to tap China market
After decades of keeping the mainland financial market relatively closed to foreigners, the central Chinese government began to roll back restrictions on investment and ownership in the last two years.
Revolut, Europe’s $5.5 billion digital bank, says losses tripled in 2019
Revolut blamed the mounting losses — which came despite a rise in revenue and customer numbers — on its investment in international expansion and new product offerings.
Stocks making the biggest moves premarket: Casper Sleep, Canada Goose, BioNTech, Uber, Lyft & more
These are the stocks posting the largest moves before the bell.
SpaceX is manufacturing 120 Starlink internet satellites per month
SpaceX is manufacturing its Starlink satellites at an unprecedented rate for the space industry.
Companies are talking about turning ‚furloughs‘ into permanent layoffs
These permanent cost cutting initiatives are only going to widen the disconnect between Wall Street and Main Street
Big tech is bubbling up and could spark a correction, BTIG’s Julian Emanuel warns
BTIG’s Julian Emanuel is telling clients to brace for a market pullback.
Banks and tech giants including JPMorgan and Amazon pledge to hire 100,000 minority and low-income New Yorkers
The coronavirus pandemic has helped exacerbate inequality in U.S. cities, resulting in more job losses and worse health outcomes for people in low-income neighborhoods.
Kodak shares tank more than 40% as government loan is put on pause while allegations investigated
Kodak plunged on Monday after news that a federal agency is reviewing a $765 million loan for the company.
Stocks making the biggest moves premarket: Marriott, Eastman Kodak, Twitter, FedEx & more
These are the stocks posting the largest moves before the bell.