CGG’s Long Term Debt Upgraded by S&P

The Telegraph
China’s $170bn gold rush triggers Taiwan invasion fears
China has built up a $170bn (£135bn) stockpile of gold after a record buying spree, in a move that has raised fears Beijing is preparing its economy for a possible conflict over Taiwan.
a day ago
Barrons.com
The Fed Won’t Cut Rates at This Week’s Meeting. Focus on This Instead.
The Federal Reserve’s policy committee will confer on Tuesday and Wednesday, with officials likely to confirm a cautious and gradual approach to changing interest rates in 2024. The Fed’s balance sheet plans may get more attention. The Federal Open Market Committee will conclude the two-day meeting on Wednesday.
2 days ago
The Smart Investor
4 Singapore Stocks to Watch for in May
Here are four Singapore stocks you can keep a lookout for in May. The post 4 Singapore Stocks to Watch for in May appeared first on The Smart Investor.
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AFP News
Chinese tech giant Huawei profit surges 564%, biting into Apple sales
Tech giant Huawei's first-quarter profits surged over fivefold year-on-year, a company filing showed Tuesday, as the US-sanctioned firm continues a rebound and bit into competitor Apple's sales in China.Net profit in the January-March period amounted to $2.7 billion, up 564 percent from the first quarter of last year, according to a results filing by Huawei's holding company on an official website and confirmed by a representative of the firm.
23 hours ago
Yahoo Finance
Stock market today: Nasdaq sinks 2% as stocks plummet to end worst month of 2024
Investors marked time ahead of the Fed's rate decision, with earnings from Amazon on deck to test prospects for a Big Tech-fueled bump.
15 hours ago
The Smart Investor
Mapletree Logistics Trust’s DPU Dips Slightly to S$0.09003 for FY2024: 5 Highlights from the Logistics REIT’s Earnings
The logistics REIT also warns of further headwinds that will exert pressure on its distributions. The post Mapletree Logistics Trust’s DPU Dips Slightly to S$0.09003 for FY2024: 5 Highlights from the Logistics REIT’s Earnings appeared first on The Smart Investor.
10 hours ago
Reuters
Crypto washout sends bitcoin below $58,000 ahead of Fed decision
Bitcoin slid by almost 6% on Wednesday, having posted its worst monthly performance in April since late 2022, as investors pulled money out of cryptocurrencies ahead of an interest rate decision by the Federal Reserve later. The value of the world's most traded cryptocurrency fell by nearly 16% in April, as investors booked profits on a sizzling rally that has taken the price to record highs above $70,000. The price of bitcoin is now a full 22% below March's record of $73,803, technically putting it in a bear market.
4 hours ago
AFP News
Asian markets track Wall St down as Fed looms
Asian stocks sank in holiday-thinned trade Wednesday, tracking a sharp sell-off on Wall Street after fresh US data dealt another blow to hopes the Federal Reserve will cut interest rates this year.That provided another hammer blow to hopes the Fed will cut rates this year, with bets already reduced to just one by January -- compared with an expected six at the start of 2024.
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Reuters
India's Tata Sons raises stake in Tata Play, Temasek exits, Economic Times reports
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a day ago
AFP News
China's EV giant BYD misses Q1 revenue estimates
Major Chinese electric carmaker BYD reported lower-than-expected revenue for the first quarter of 2024 on Monday, as an aggressive domestic price war and Western regulatory pressure weighed on the company's growth.Its profit in the first quarter was 4.57 billion yuan, up 10.62 percent from a year ago, BYD said on Monday.
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The Telegraph
Tech founder’s $33bn fortune makes him world’s richest prisoner
The founder of Binance has become the world’s richest prisoner after he was sentenced to four months in jail, marking a stunning downfall for the former boss of the world’s largest cryptocurrency exchange.
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Benzinga
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Reuters
India's Chennai Petroleum sees two year delay in building new 180,000 bpd refinery
India's Chennai Petroleum Corp Ltd will build a 180,000 barrels per day (bpd) refinery at Nagapattinam in Southern Tamil Nadu State by the end of 2027, two years later than initially planned, its head of finance Rohit Kumar Agrawala said on Monday. India, the world's third biggest oil consumer and producer, is expanding its refining capacity as it is expected to be the largest driver of global oil demand growth between 2023 and 2030, according to the International Energy Agency. Chennai Petroleum initially planned to complete the refinery by the end of 2025.
2 days ago
Reuters
China's factory activity expands at fastest clip in 14 months, Caixin PMI shows
China's manufacturing activity expanded at the fastest pace in 14 months in April, driven by a solid uptick in new export orders, a private survey showed on Tuesday, an encouraging sign for an economy still struggling to mount a robust recovery. The Caixin/S&P Global manufacturing PMI rose to 51.4 in April from a 51.1 the previous month, marking the fastest pace since February 2023 and above analysts' forecasts of 51.0. Data including industrial profits, retail sales and property sales suggest China might struggle to meet its GDP growth target of around 5.0% for 2024, a goal analysts have described as ambitious.
a day ago
The Edge Singapore
DBS’s six-month pause on new business ventures ends today, but additional capital requirement to stay
MAS imposed the six-month pause last year after a series of disruptions to DBS’s digital banking services.
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CGG’s Long Term Debt Upgraded by S&P

Latest stories

China’s $170bn gold rush triggers Taiwan invasion fears

The Fed Won’t Cut Rates at This Week’s Meeting. Focus on This Instead.

4 Singapore Stocks to Watch for in May

Chinese tech giant Huawei profit surges 564%, biting into Apple sales

Stock market today: Nasdaq sinks 2% as stocks plummet to end worst month of 2024

Mapletree Logistics Trust’s DPU Dips Slightly to S$0.09003 for FY2024: 5 Highlights from the Logistics REIT’s Earnings

Crypto washout sends bitcoin below $58,000 ahead of Fed decision

Asian markets track Wall St down as Fed looms

Jim Cramer is Recommending These 10 Stocks Heading Into May 2024

India's Tata Sons raises stake in Tata Play, Temasek exits, Economic Times reports

China's EV giant BYD misses Q1 revenue estimates

Robert Kiyosaki: 7 Ways To Become Wealthy Beyond the 9-to-5

If You Invested $1000 in Chipotle Mexican Grill a Decade Ago, This is How Much It'd Be Worth Now

15 Most Important Assets That Increase Your Net Worth

4 Gold Stocks to Buy to Capitalize on Solid Price Trends

Tech founder’s $33bn fortune makes him world’s richest prisoner

'I'm 53 Years Old, Have Absolutely Nothing For Retirement, I'm $50,000 In Debt, And I Want A Divorce' — Dave Ramsey's Advice To Truck Driver

India's Chennai Petroleum sees two year delay in building new 180,000 bpd refinery

China's factory activity expands at fastest clip in 14 months, Caixin PMI shows

DBS’s six-month pause on new business ventures ends today, but additional capital requirement to stay