China’s yuan RMB internationalization needs more ‘applications,’ HKEX CEO
From CNBC: 2024-06-25 19:20:33 China’s yuan aims for global prominence in light of U.S. sanctions, with HKEX CEO emphasizing need
Category: Finance
Here’s what to know about buying life insurance
From CNBC: 2024-06-25 08:33:01 Fewer Americans are buying life insurance, with coverage falling to 52% of consumers in January 2023
Cisco is ‘very optimistic’ about its growing business with China EVs
From CNBC: 2024-06-25 05:37:34 Cisco is expanding business with Chinese electric car companies in their global expansion. Chinese automakers are
Citigroup, JPMorgan Chase, Goldman Sachs hit by regulators
From CNBC: 2024-06-21 14:01:25 Citigroup CEO Jane Fraser testified at a Senate hearing. Banking regulators found weaknesses in the resolution
Stocks are in their longest stretch without a 2% sell-off since the financial crisis
From CNBC: 2024-06-21 13:59:09 Wall Street has reached record highs with minimal volatility, as the S&P 500 goes 377 days
Nearly $109M in Yotta customer deposits vanish
From CNBC: 2024-06-21 12:16:58 Ledgers of the failed fintech middleman Synapse show that nearly all deposits for customers of the
China spent $230 billion to build its electric car industry, CSIS says
From CNBC: 2024-06-21 03:03:44 China has spent $230.8 billion over more than a decade to develop its electric car industry,
China talks up support for IPOs. Investors are watching the speed of approval
From CNBC: 2024-06-21 00:57:05 Chinese authorities announced new policy supporting venture capital to boost IPO approvals amid a slowdown in
How investors can stay protected with emerging market opportunities
From CNBC: 2024-06-20 13:24:02 Investors should consider hedging their emerging market plays due to the impact of the strong U.S.
More states poised to offer Inflation Reduction Act energy rebates
From CNBC: 2024-06-20 09:42:21 New York launches energy-efficient rebate program, offering homeowners up to $14,000 in rebates for upgrades. The
Super Micro, Dell shares jump as Elon Musk calls them suppliers to xAI supercomputer project
From CNBC: 2024-06-20 08:51:48 Elon Musk announced that Dell Technologies and Super Micro Computer will provide servers for his xAI
Fitch pushes back China rate cut as Fed holds interest rates steady
From CNBC: 2024-06-19 06:11:53 Fitch now predicts China will maintain its one-year medium-term lending facility (MLF) at 2.5% for 2024
UK BNPL fintech Zilch raises $125 million, sees IPO within 2 years
From CNBC: 2024-06-19 01:00:01 British fintech firm Zilch raised $125 million from Deutsche Bank to triple sales and prepare for
Steve Cohen is set to make a big push into investing in AI
From CNBC: 2024-06-18 13:33:40 Billionaire investor Steve Cohen’s Point72 plans to launch an AI-focused hedge fund, aiming to raise $1
American households have seen their purchasing power increase
From CNBC: 2024-06-18 09:45:09 Americans have seen their buying power rise for a year with falling inflation and a strong
Warren Buffett buys Occidental shares for 9 straight days, pushes his stake to nearly 29%
From CNBC: 2024-06-18 09:13:02 Warren Buffett has been adding more shares of Occidental Petroleum, increasing his stake to 29% over
Warren warns Powell against weakening Basel III Endgame regulations
From CNBC: 2024-06-18 09:08:18 Sen. Elizabeth Warren accuses Fed Chair Jerome Powell of weakening capital rules for big banks, potentially
Google Android apps launch via Xreal AR glasses vs Apple’s Vision Pro
From CNBC: 2024-06-18 09:04:15 Xreal has launched a new Beam Pro mobile device that allows users to capture spatial video
GME shares drop to session lows after annual meeting fails to offer details on firm’s strategy
From CNBC: 2024-06-17 14:10:17 GameStop shares dropped after annual meeting lacked updates on future plans. CEO Ryan Cohen focused on
Warren Buffett Berkshire Hathaway trims stake in EV maker BYD to 6.9%
From CNBC: 2024-06-17 08:51:24 Warren Buffett’s Berkshire Hathaway continues to sell shares in China’s top electric vehicle maker BYD, recently
Starboard has Autodesk stake, weighs suit 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
Avoid concentration risk with this value play, ETF expert suggests
From CNBC: 2024-06-15 11:00:01 Investors concerned about concentration risk in the market should consider value-oriented investments. Avantis Investors’ Phil McInnis
CleverCards, a configurable payments startup, raises $8.6 million
From CNBC: 2024-06-14 00:00:01 CleverCards, a Dublin startup, raises $8.6M to prevent employee expense abuse. The digital platform allows companies
Roaring Kitty’s GameStop stake grows to 9 million shares
From CNBC: 2024-06-13 18:21:37 Keith Gill, also known as Roaring Kitty, increased his ownership in GameStop’s common stock to over
Fintech has hit a bottom after valuation plunge, execs and VCs say
From CNBC: 2024-06-13 01:51:45 The fintech industry has shifted to a new normal, with valuations corrected from unsustainable highs of