It can’t be him, Kim Joo Kyung thought, as she took a seat on a crowded Seoul subway carriage. She stole glances through the swaying jungle of legs and bags and jackets at what looked like the same high cheekbones, cropped black hair, sharp shoulders, even the suit. The train screeched and jolted into a
Global investment titan BlackRock, which manages some $10 trillion in assets, has declared artificial intelligence a “mega force” that could create significant returns for investors in today’s “unusual” market. In its mid-year outlook report, the BlackRock Investment Institute detailed their thesis for increased investment in AI — pointing to multiple “disruptive” themes that could see
Bank of America is bearing the cost of decisions made three years ago to pump the majority of $670bn in pandemic-era deposit inflows into debt markets at a time when bonds traded at historically high prices and low yields. The moves left BofA, the second-largest US bank by assets, with more than $100bn in paper
The UK has missed out on a global stock market rally so far in 2023 as the Bank of England’s scramble to raise interest rates and falling oil prices hold back the FTSE 100. London’s main benchmark has lagged well behind other big developed market indices, gaining less than 1 per cent from the level
The slump in initial public offerings in London has become ever more striking. The decision by WE Soda, the world’s largest soda ash producer, to abandon plans to list in the UK comes after CRH, the world’s largest building materials group, decided to switch its listing from London to Wall Street. Fintech group CAB Payments
Trying to work out whether it is more likely that Donald Trump will be behind bars or behind the Oval Office desk in two years’ time is a tricky calculation. It’s slightly easier to predict who will be the Republican presidential nominee: although it’s too early to crown him, Trump is leaving his rivals in
Visitors to the Nio House in Frankfurt can do more than just admire the sleek new electric vehicles on display. Half the showroom, a stone’s throw from the city’s 15th-century Eschenheimer Gate, is a free-to-use co-working space, equipped with meeting rooms, a café and a crèche. When Qin Lihong, co-founder and president of the Chinese
In this episode of hungry for returns, we are going to talk about at the money, in the money and out of the money when it comes to trading options, and which is the best for day trading options without leaving any positions open overnight. #daytrading #tradingoptions #moneyoptions #optionstraining #tradingclass Posted at: https://tradersfly.com/blog/day-trading-options-hfr-3/ ? Newsletter
Italy’s top banking authority has called for a “robust, risk-based” regulatory framework for stablecoins, which could help prevent a worst case scenario — a “run” on stablecoins. The central bank’s recently released Markets, Infrastructures and Payment Systems report for June 2023 has called on regulators to apply the same financial conduct standards to stablecoin issuers
The chief executives behind Microsoft’s planned $75bn acquisition of Activision made a last-ditch attempt to save the deal in a courtroom on Wednesday in the face of US government objections that could result in its annulment as early as next week. The acquisition of the gaming company would almost certainly collapse if the judge sided
(0:30) – Stock Market Update: Everything You Need To Know As We Turn the Page on the First-Half (4:15) – Enphase Energy: Is It Time For You To Buy This Solar Energy Stock Down 50% From Its Highs? (10:40) – Is This Beaten-Down REIT Perfect For Your Stock Portfolio? Podcast@Zacks.com Ben Rains dives into where
It looks so simple when you look at it for the first time. Two tops or two bottoms at the same price levels and that gives a clear signal. But it’s never that easy and that’s why we decided to make this tutorial. Trading expert David Jones walks us through this, seemingly basic chart configuration,
Twitter’s new chief executive, Linda Yaccarino, is preparing a series of measures to bring back advertisers who had abandoned the platform under Elon Musk’s ownership, including introducing a video ads service, wooing more celebrities and raising headcount. The former NBCUniversal advertising head, who started as chief executive on June 5, is seeking to launch full-screen,
It’s no secret that there’s a housing shortage in the U.S. and there’s plenty of blame to go around for its myriad causes. These range from the homebuilding industry citing laws and regulations like California’s Environmental Quality Act (popularly known as CEQA), to immigration advocates pointing out a shortage of foreign construction workers exacerbating an
Haze from Canadian wildfires enveloped the US Midwest on Wednesday, placing three major metropolitan areas among those with the worst air quality globally. Chicago and Minneapolis had the third-, and fourth-worst air quality worldwide, respectively, on Wednesday. Detroit had the second-worst, topped only by Dubai, according to IQAir. Chicago has had “unhealthy” air, as measured
Web3 lending platform Maple Finance has announced the launch of a direct lending program, according to a June 28 fact sheet from the platform’s development team. The program is intended to replace services previously provided by Celsius, BlockFi and other now-bankrupt lenders. The first lending pool will be available sometime in July, the company stated.
A large part of the recent leg of Bitcoin’s (BTC) rally started after BlackRock filed to list a spot Bitcoin exchange-traded fund (ETF) on June 15. Several applications by other firms have been rejected by the United States Securities and Exchange Commission in the past. However, BlackRock’s filing has a 50% possibility of getting approved,
U.S. District Judge Laura Taylor Swain rejected a request by bond parties for her to certify interlocutory appeals of her decisions in the Puerto Rico Electric Power Authority bankruptcy. In a Wednesday hearing, Swain said she did not see a reason to reconsider her May decision rejecting certifying an appeal to her decision against a
Municipals were little changed in secondary trading Wednesday while sizable deals from Massachusetts, the Triborough Bridge and Tunnel Authority and others that saw ample demand in the primary and municipal bond mutual funds saw more inflows. U.S. Treasuries were firmer and equities closed mixed. Triple-A yield curves were firmer by a basis point in spots
Joe Biden said trillions of dollars of government investments deployed under his watch would restore the “American dream” after decades of failed “trickle-down” politics, in a speech defending his economic record. Speaking at the Old Post Office in Chicago on Wednesday, the US president said the sweeping legislation he had championed to pump federal money
Local officials in Greenville, South Carolina, are moving forward with plans to establish the city’s first economic development agency. The Greenville City Council voted unanimously this month to shutter existing development efforts managed by an arm of local government in favor of an independent agency being built from scratch by lawmakers hoping to expand private