Hong Kong stocks rise despite trade tensions with EU, supported by China retail sales increase.
From South China Morning Post: 2024-06-16 23:10:23 Hong Kong stocks rose on Monday despite caution due to heightened trade tensions
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Dollar strong due to euro concerns, yuan unaffected by China data.
From Investing.com: 2024-06-16 22:45:39 The dollar remains strong as the euro lingers near a one-month low due to European political
Starboard has acquired stake in Autodesk and considers legal action over probe disclosure
From CNBC: 2024-06-16 21:51:34 Activist fund Starboard Value, led by Jeffrey Smith, has acquired a significant stake in Autodesk. Concerns
Asian shares soft as Chinese economic news looms, Euro pressure from French elections
From Business Standard: 2024-06-16 21:50:11 Asian share markets were softer on Monday ahead of Chinese economic news as political uncertainty
SEC rejects Ripple's proposed lower penalty, citing it would not be sufficient compared to Terraform Labs
From Cointelegraph: 2024-06-16 21:37:57 The SEC rejected Ripple’s proposed lower civil penalty, stating it would not suffice. They noted that
Solana-based MEV bot quietly earns $30 million from arbitrage in 2 months
From Cointelegraph: 2024-06-16 21:30:18 MRGN Research’s Ben Coverston reveals that Solana-based MEV bot has maintained a low profile. Read more
Augmented Reality and Virtual Reality market set for significant growth driven by various factors
From GlobeNewswire: 2024-06-16 21:30:00 The global augmented reality (AR) and virtual reality (VR) market is poised for significant growth in
Starboard Value invests $500M in Autodesk, pushes for changes in operations
From Investing.com: 2024-06-16 21:16:04 Activist investor Starboard Value has taken a $500 million stake in Autodesk Inc and is advocating
US regulators are investigating Microsoft, OpenAI, and Nvidia for antitrust concerns in the AI market
From Al Jazeera: 2024-06-16 21:02:25 The US Department of Justice and FTC are teaming up to investigate antitrust concerns surrounding
New Zealand Prime Minister's plane breaks down in Papua New Guinea, causing travel inconvenience.
From Investing.com: 2024-06-16 20:55:38 New Zealand’s Prime Minister Christopher Luxon was forced to take a commercial flight to Japan after
OpenAI may transition to for-profit model, considering IPO valued at $86 billion
From PYMNTS.: 2024-06-16 20:45:00 OpenAI, a nonprofit, may become a for-profit company, possibly gearing up for an IPO valued at
Asian shares down due to political uncertainty and China data expectations, euro pressure
From Yahoo Finance: 2024-06-16 20:43:00 Asian share markets were mostly down due to political uncertainty in Europe and ahead of
Mixed Chinese data and euro pressure lead to softer Asian share markets
From Yahoo Finance: 2024-06-16 20:43:00 Asian share markets were softer on Monday due to mixed Chinese economic news and political
Banks in India closed on June 17 for Eid ul-Adha, but digital banking services available.
From Mint.: 2024-06-16 20:12:31 Banks in India will be closed on Monday, June 17, 2024, for Eid ul-Adha. Services like
Analyst recommends buying AMD stock after 24.5% drop, positive.
From TipRanks: 2024-06-16 20:05:27 Advanced Micro Devices (NASDAQ:AMD) shares have fallen 24.5% from their all-time high due to concerns over
China's retail sales up, industrial output disappointed, PBOC maintained lending facility rate
From CNBC: 2024-06-16 19:38:07 China’s retail sales in May surpassed expectations, increasing by 3.7% year-on-year. However, industrial output and fixed
Temasek Holdings to invest up to A$300 million in Betashares, expanding offerings
From Investing.com: 2024-06-16 19:31:18 Singapore’s Temasek Holdings plans to invest up to A$300 million in Australian ETF manager Betashares, aiming
Investors focus on Fed rate, US and Chinese economies, with possible September rate cut hinted.
From FX Empire: 2024-06-16 19:09:00 Investor focus is on the Fed rate path, US economic outlook, and Chinese economy. Recent
Chinese outbound travel recovery is slow due to rising costs and visa issues.
From Investing.com: 2024-06-16 19:07:16 Chinese overseas travel recovery from COVID-19 is slowing due to rising costs and visa difficulties, favoring
Chinese economic indicators set the tone in Asian markets, Japan may find support
From Investing.com: 2024-06-16 17:51:09 A busy week ahead in Asian markets as China’s economic indicators set the tone. Concerns of
Chinese data dump on Monday may provide insight into struggling economy, impacting Asian markets.
From Yahoo Finance: 2024-06-16 17:47:58 – Chinese ‘data dump’ on Monday will provide insight into struggling economy. – China’s central
Tesla suspends Bitcoin payments due to environmental concerns, will resume with sustainable mining.
From Cointelegraph: 2024-06-16 17:01:00 Tesla CEO Elon Musk announced the company will no longer accept Bitcoin payments due to environmental
Forecasters predict potential crash and significant losses, with warning signs of a market bubble bursting.
From Yahoo! Finance: 2024-06-16 16:31:01 Stocks are at record highs, but some predict a bubble is about to burst. Forecasters
Criticism from Mark Cuban towards SEC chairman Gensler's cryptocurrency stance potentially impacting election
From Cointelegraph: 2024-06-16 16:23:48 The billionaire investor criticized SEC chairman Gensler’s stance on cryptocurrency, implying it would hinder any potential
Bitcoin outperforms gold in past 5 years, expected to continue due to scarcity and utility.
From Nasdaq: 2024-06-16 14:35:00 1. Bitcoin has surged 307% since the start of 2023, driven by spot ETF approvals and