Tencent Holdings Ltd.'s revenue and earnings beat estimates while rival Alibaba Group Holding Ltd.'s profit plunged. Bloomberg Intelligence's Catherine Lim shares her take on the results of the two Chinese internet giants on Bloomberg Television.
The man's tale is a warning for others travelling through the same region.
Aussies are relying on their tax returns to help cope with rising expenses. But they are being warned against rushing to lodge.
The increase of AI investment has continued to boost optimism over Nvidia's growth as the chipmaker continues its record-setting stock rally.
The major bank has launched a new home loan offering a lower interest rate and cashback perks for customers.
The monthly consumer price index grew at a faster annual pace in April than in the month before, with food, rent and insurance prices still causing headaches.
Key Insights Air Products and Chemicals' estimated fair value is US$391 based on 2 Stage Free Cash Flow to Equity Air...
Being a self-made millionaire often requires patience, great business ideas or methodical, hard work. While many can achieve this status, maintaining wealth is a whole other story. Indeed, being...
Australia’s biggest bank is hoping to claw customers away from its competitors, announcing a below-average home loan rate.
With the ATO watching closely this tax time, sole traders can rest easy and claim these business expenses this year.
Key Insights Significant control over Atlan Holdings Bhd by private companies implies that the general public has more...
(Bloomberg) -- Saudi Arabia raised $5 billion through the sale of dollar-denominated sukuk as it seeks to plug a hole in its finances and fund spending on Crown Prince Mohammed bin Salman’s economic diversification drive.Most Read from BloombergWall Street Returns to T+1 Stock Trading After a CenturyTreasuries Hit as US Sales Struggle to Lure Buyers: Markets WrapFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughIsraeli Airstrike and Egyptian Guard’s Death Ratchet Up TensionsMortgag
Amid concerns that simmering price pressures will delay much needed interest rate cuts, price pressures intensified in April to 3.6 per cent.
Your net worth is more than just the balance in your bank account. It's a measure of your financial health. For You: 6 Valuable Everyday Items You Should Never Throw Away Try This: 5 Unusual Ways To...
The stake represents about 2% of the fund's holdings, according to Ark Chief Futurist Brett Winton in an interview to Bloomberg, which added that Ark Venture Fund revealed the stake in an email to clients. Musk's xAI announced on Monday it had raised $6 billion in series B funding, backed by investors including Andreessen Horowitz and Sequoia Capital.
Experts generally recommend that retirement planning should start as early as possible, but it's never too late to start saving. Still, saving for retirement has been difficult for many Americans due...
As U.S. markets exhibit resilience with stocks on the rise and the dollar weakening, investors are closely monitoring upcoming inflation data which could influence future monetary policy decisions. In this context, growth companies with high insider ownership stand out as potentially robust investment opportunities, given that high insider stakes often signal confidence in the company's future from those who know it best.
(Bloomberg) -- Rising interest rates in Japan will do little to rescue the beleaguered yen as long as there’s demand for one of the most lucrative bets in foreign exchange, traders say.Most Read from BloombergWall Street Moves to Fastest Settlement of Trades in a CenturyIsraeli Airstrike and Egyptian Guard’s Death Ratchet Up TensionsFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughCatering to the Ultra-Rich Is a Booming Business in AustraliaStock Futures Remain Higher After Home-P
We can readily understand why investors are attracted to unprofitable companies. For example, Australian Gold and...
Shares of e-commerce and gaming company Sea (NYSE:SE) fell 8.3% in the pre-market session after Bloomberg reported that Indonesia's antitrust authorities are investigating the company for "potentially unfairly favoring its own delivery service over other alternatives." According to the concerns, Shopee's (Sea's e-commerce platform) algorithm tends to favor the company's services over other options when buyers choose how their purchases are delivered. The antitrust agency noted that "...Shopee In
Investing.com-- Bitcoin was little changed on Monday as concerns over high interest rates persisted ahead of key U.S. inflation data due later this week, while Ether saw an extended rally on progress towards a spot exchange-traded fund.
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