Thailand’s economy is currently grappling with a recession primarily due to a substantial level of household debt, as highlighted by Deputy Finance Minister Julapun Amornvivat […]
Category: Finance
China’s CSRC Implements Stricter Measures on Securities Short Selling to Safeguard Market Stability
China’s securities regulator, the China Securities Regulatory Commission, is implementing new measures to tighten regulations on securities short selling, aiming to curb market speculation and […]
Unprecedented Debt Surge: US Borrows $47 Billion in a Day, Total Debt Hits $34 Trillion
The US government added $47 billion in new debt just yesterday. Since the resolution of the debt ceiling crisis in June 2023, the total US […]
Biden Administration Set to Grant Billions in Subsidies to Semiconductor Giants for U.S. Manufacturing Boost
According to the Wall Street Journal’s report on Saturday, the Biden administration is anticipated to allocate billions of dollars in subsidies to leading semiconductor firms, […]
Tesla Faces Downgrade from Brokerages Following Disappointing Q4 Earnings Report
• Tesla continues its trend of declining more than 13% following earnings reports, experiencing a 30% decrease in the past 6 months and a 25% […]
Intel’s Q4 2023 Earnings Report: Surpassing Expectations Amidst Market Caution for Q1 2024
Earnings Overview: – Intel, a prominent tech company, released its Q4 earnings report, surpassing expectations in both revenue and earnings. – Despite this, the stock […]
Market Turbulence: E Fund Suspends Trading in MSCI US 50 ETF Amid Premium Concerns
– Trading in the China-listed MSCI US 50 ETF by E Fund has been halted until the market closes due to a premium issue. – […]
PayPal’s CEO Teases Innovation, Unveils AI Features and Cash-Back Option, but Stock Faces Sharp Decline
On January 17th, PayPal’s CEO, $PYPL, hinted at a groundbreaking announcement on January 25th. Today, PayPal revealed new AI features and a cash-back option within […]
Tesla’s Q4 2023 Earnings Review: Missed Estimates, Optimistic Outlook, and the Rise of Optimus
Key Highlights • Tesla’s Q4 2023 revenue: $25.17 billion (Est. $25.87 billion)• Adjusted EPS: 71 cents (Est. 73 cents)• Basic EPS: $2.49• Free Cash Flow: […]
Moody’s Confirms Ratings for 9 Chinese LGFVs with Negative Outlook: Navigating Evolving Government Support Dynamics
Moody’s has confirmed the ratings of nine Chinese local government financing vehicles (LGFVs) following a review of the governmental capacity to support (GCS) scores of […]
Axis Bank’s Governance Queries: Seeking SEBI’s Guidance on Subsidiary Oversight
SEBI has opted not to provide a response to Axis Bank’s application regarding the governance structure, where Axis sought guidance on whether the arms’ governance […]
US Economic Snapshot: Strong Q4 GDP Growth, Jobless Claims Edge Up, and the Fed’s Dilemma
The preliminary report for US Q4 2023 GDP reveals a robust growth of 3.3%, surpassing expectations set at 2.0%. We are currently on a path […]