SBB Founder Steps Down as CEO of Troubled Swedish Landlord
Ilija Batljan, the founder and dominant shareholder of embattled Swedish landlord SBB, stepped down as chief executive officer
2023-06-02 21:59
BofA Says AI Frenzy Drives Record Inflows Into Tech
The buzz around artificial intelligence has investors pouring a record amount of money into tech stocks, Bank of
2023-06-02 20:55
The uber-wealthy are doing just fine and Wall Street is cashing in
Worries of a possible global recession are deepening as heightened inflation and interest rates act as a brake on spending, while geopolitical strife adds to a sense of profound economic uncertainty.
2023-06-02 19:55
Hong Kong leads global market rally with best day in three months
Global stocks climbed Friday, led by a resurgent Hong Kong market, as investors greeted signs that the US Federal Reserve may hold off raising interest rates this month, the end of the US debt ceiling drama, and talk that China might unveil new measures to boost its faltering economic recovery.
2023-06-02 19:23
Marketmind: Jubilant markets eye jobs in June jump
A look at the day ahead in U.S. and global markets from Mike Dolan With the U.S. debt ceiling removed,
2023-06-02 18:27
Tech shares see biggest ever weekly inflow on AI boom-BofA
LONDON Technology equity funds saw their biggest weekly inflows on record in the week to Wednesday, driven by
2023-06-02 17:50
SBB Attracts Brookfield Interest in Effort to Rescue Landlord
Swedish landlord SBB has attracted interest from investors including Brookfield Asset Management, as the property tycoon at the
2023-06-02 16:23
K-Pop Stocks’ $5.4 Billion Rally Emboldens Bulls
A $5.6 billion rally in K-pop stocks looks set to power on, as a growing global fan base
2023-06-02 15:51
Take Five: Almost half-time
The hefty weight of tech megacaps, strange reporting rules for an upcoming OPEC meeting and more pain for
2023-06-02 15:23
Erdogan Picks Market Darling Simsek to Return as Turkey's Finance Chief
Turkish President Recep Tayyip Erdogan will appoint Mehmet Simsek as his new treasury and finance minister, bringing back
2023-06-02 14:52
EQT Nears Deal for Vet Drugmaker Dechra Pharmaceuticals
EQT AB agreed to buy Dechra Pharmaceuticals Plc for about £4.46 billion ($5.6 billion), negotiating a lower price
2023-06-02 14:48
Stocks surge in Asia as US averts default, Fed pause bets rise
By Ankur Banerjee SINGAPORE Asian stocks jumped on Friday on increasing expectations that the Federal Reserve might stand
2023-06-02 13:53