UPDATE 1-FTC seeks more information on Boston Scientific's $3.7 bln Axonics deal

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.
19 hours 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.
a day ago
Barrons.com
Nvidia Stock Drops. Why Jensen Huang Is Looking Beyond Big Tech for Chip Demand.
The company's CEO says areas such as drug development and robotics can be markets for the company’s processors.
a day ago
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.
12 hours ago
Moneywise
‘I wanted out as fast as possible’: Early retiree and self-made millionaire shares when money ‘magic’ happens
The former IT worker quit his job at 35.
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.
15 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.
5 hours ago
Reuters
India's Tata Sons raises stake in Tata Play, Temasek exits, Economic Times reports
Tata Sons, the holding company of India's Tata Group, has increased its stake in satellite TV provider Tata Play to 70% by buying a 10% stake from Singapore state investment firm Temasek for about $100 million, the Economic Times reported on Tuesday. Tata Play has informed the Ministry of Information and Broadcasting about the change in shareholding, complying with regulations governing direct-to-home (DTH) companies, according to the report, which cited people familiar with the matter.
21 hours ago
GOBankingRates
15 Most Important Assets That Increase Your Net Worth
Your net worth is more than just the balance in your bank account. It's a measure of your financial health. For You: Mark Cuban Reveals Why He Keeps a Strict Budget EverydayTry This: 6 Unusual Ways To...
a day ago
Benzinga
'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
A 53-year-old trucker named Donny called into "The Ramsey Show" asking Dave Ramsey and co-host Dr. John Delony for advice on finding a way out of his distressing circumstances. Donny's initial admission set the tone. “I'm 53 years old, have absolutely nothing for retirement, I'm $50,000 in debt, and I want a divorce,” he said. Don't Miss: The shocking amount the average American would save by now if they started an account in 2010 with today’s high yield savings rates will make you run to open y
a day ago
Reuters
Morning Bid: The yen's mysterious move
Traders in Europe will be waking up to a nervy currency market after the yen's sharp reversal from its slide past 160 per dollar on Monday had some speculating Tokyo could be behind the move while the country was out on a holiday. The jump in the yen - which took it to a session-high of 156.55 per dollar - came just a few hours after it slid to the weaker side of 160 per dollar for the first time since 1990, marking a fresh 34-year low. Some said the rapid strengthening of the yen smelt like intervention, but markets will have to wait till Tuesday for any signals from authorities.
2 days ago
GOBankingRates
5 Passive Income Streams You Need To Add in 2024, According to Experts
Passive income is money not derived from active involvement such as a salary -- and, if you want to get steady income streams, these are the way to go. While these may require some initial...
a day ago
Zacks
If You Invested $1000 in Chipotle Mexican Grill a Decade Ago, This is How Much It'd Be Worth Now
Why investing for the long run, especially if you buy certain popular stocks, could reap huge rewards.
2 days ago
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
Zacks
4 Gold Stocks to Buy to Capitalize on Solid Price Trends
The Zacks Mining - Gold industry's near-term prospects are bright, as gold prices are expected to gain. One can watch stocks like AEM, GFI, AU and HMY, backed by their growth prospects.
a day ago
The Smart Investor
Sheng Siong Reports an Increase in Revenue and Profits: 5 Highlights from the Retailer’s Latest Earnings
The supermarket operator continues to expand its store count in Singapore even as it grows its top and bottom lines. The post Sheng Siong Reports an Increase in Revenue and Profits: 5 Highlights from the Retailer’s Latest Earnings appeared first on The Smart Investor.
a day ago
GOBankingRates
Robert Kiyosaki: 7 Ways To Become Wealthy Beyond the 9-to-5
In our pursuit of financial success, we often find ourselves locked into the 9-to-5 grind, convinced that there's no other realistic path to wealth. But what if there were alternative strategies and...
2 hours ago
Reuters
Citi CEO says US consumers are more cautious, emphasizes bank overhaul
NEW YORK (Reuters) -Citigroup CEO Jane Fraser told shareholders on Tuesday that U.S. consumers are becoming more cautious with their spending and making smaller purchases. U.S. borrowers earning lower incomes are increasingly struggling to keep up with loan payments, prompting banks to become more cautious about issuing credit cards and car loans. "Consumers remain healthy and resilient," Fraser said at the bank's annual meeting on Tuesday.
10 hours ago
Reuters Videos
Price war hits BYD's first-quarter earnings
STORY: China's BYD posted its weakest quarterly profit growth since 2022 on Monday (April 29).Revenue growth also slowed to its lowest level in almost four years.The electric vehicle maker was hit by slowing demand and a price war in the world's largest auto market.First-quarter net profit was up around a tenth at just over $631 million, while revenue grew 4% to $17.25 billion.The quarterly results suggest BYD still pulled ahead of U.S. rival Tesla.Elon Musk's company recently reported its first quarterly revenue fall since 2020.BYD has ramped up efforts to move upmarket while doubling down on discounts.It aims to find cautious consumers amid a sputtering economic recovery.The push to sell to higher-end segments came alongside an intensified price war in China.It has led BYD to slash prices since February on the latest versions of its lineup by 5% to 20%.The auto giant is targeting an annual sales jump of a fifth this year.But, outside of big-hitters like Tesla, BYD is also under pressure from local EV upstarts betting big on an all-electric future.
a day ago
Yahoo Finance Video
AI tech battle: Pick Microsoft over Meta, analyst says
Big tech companies are all about AI this earnings season. Meta Platforms (META) and Microsoft (MSFT) have spent a lot of money on ramping up their AI offerings, but only one has a stock you may want to consider for your portfolio, according to Visible Alpha Head of TMT Research Melissa Otto.  In the latest Good Buy or Goodbye, Otto explains that Microsoft benefits from both a strong demand and a strong outlook for its Azure business. She also likes that it has a lot of potential growth from AI.  Otto is less of a fan of Meta. She argues that its higher expense guidance "suggests that the 'year of efficiency' is potentially over." So why is Mircosoft's spending on AI good, while Meta's spending is a concern? Otto says there are two reasons: Meta's expenses have ramped up more than expected and that there is a lack of visibility surrounding those expenses. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.
a day ago

Straits Times Index

Nikkei

Hang Seng

FTSE 100

Bitcoin USD

CMC Crypto 200

S&P 500

Dow

Nasdaq

Gold

Crude Oil

10-Yr Bond

FTSE Bursa Malaysia

Jakarta Composite Index

PSE Index

UPDATE 1-FTC seeks more information on Boston Scientific's $3.7 bln Axonics deal

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.

Nvidia Stock Drops. Why Jensen Huang Is Looking Beyond Big Tech for Chip Demand.

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

‘I wanted out as fast as possible’: Early retiree and self-made millionaire shares when money ‘magic’ happens

4 Singapore Stocks to Watch for in May

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

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

15 Most Important Assets That Increase Your Net Worth

'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

Morning Bid: The yen's mysterious move

5 Passive Income Streams You Need To Add in 2024, According to Experts

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

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

4 Gold Stocks to Buy to Capitalize on Solid Price Trends

Sheng Siong Reports an Increase in Revenue and Profits: 5 Highlights from the Retailer’s Latest Earnings

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

Citi CEO says US consumers are more cautious, emphasizes bank overhaul

Price war hits BYD's first-quarter earnings

AI tech battle: Pick Microsoft over Meta, analyst says