Reported about 20 hours ago
Source: YAHOO
Reported about 20 hours ago
Source: YAHOO
Reported about 20 hours ago
Source: YAHOO
Reported about 20 hours ago
Source: YAHOO
Reported about 21 hours ago
Historically, July has been a strong month for stock performance, with the S&P 500 averaging a 1.5% return since 2000, making it the third-best month for stocks. This July, investors should watch key earnings reports from financial and tech sectors, as major players like Netflix could set the tone for the earnings season, reminiscent of past trends. However, it's important to remember that past performance does not guarantee future results.
Source: YAHOO
Reported about 21 hours ago
Source: YAHOO
Reported about 21 hours ago
Source: YAHOO
Reported about 21 hours ago
A Yahoo Finance/Marist Poll reveals that US consumers are planning to reduce spending this summer due to worries about tariffs affecting their finances. With approximately 80% of respondents concerned about the impact of President Trump's tariffs, many are expected to cut back on entertainment, clothing, and dining out. The apprehension is also reflected in a decline in retail sales and consumer confidence, as a significant portion of the population anticipates negative effects on the economy.
Source: YAHOO
Reported about 21 hours ago
Source: YAHOO
Reported about 21 hours ago
Source: YAHOO
Reported about 21 hours ago
Pony.ai, in collaboration with Dubai's Roads and Transport Authority, has announced the initiation of robotaxi trials starting late 2025. This partnership aims to enhance urban mobility through L4 autonomous solutions, ultimately paving the way for a fully driverless service later in the decade. The company, which has faced stock declines and operational challenges, is also planning a Hong Kong IPO to fund its growth in autonomous mobility, while already having established operations in various key global markets.
Source: YAHOO
Reported about 21 hours ago
Consumer demand for sustainable beauty products is transforming the cosmetics industry, with eco-friendly packaging gaining prominence. Brands are shifting from conventional plastics to alternatives like glass and biodegradable materials, driven by environmental awareness and regulatory pressures. The market for eco-friendly packaging is set for significant growth through 2034, as companies adopt innovative designs, refillable systems, and minimalist approaches. Labels that communicate sustainability and third-party certifications are becoming vital for consumer trust, while emerging technologies may enhance waste reduction efforts, ensuring brands that invest in green packaging remain competitive.
Source: YAHOO
Reported about 21 hours ago
Private credit is experiencing significant changes as challenges in the loan markets prompt firms like Vistra Equity Partners to seek new refinancing options for distressed debts instead of following traditional routes. This climate has affected asset values and refinancing capabilities, pushing private equity managers to explore innovative solutions such as continuation funds and strategic restructuring. As the private credit sector has evolved since the 2008 financial crisis, it now plays a crucial role in financial ecosystems and managing distressed assets, demonstrating agility and creativity in addressing market difficulties.
Source: YAHOO
Reported about 21 hours ago
The Monetary Authority of Singapore (MAS) has levied a total of S$27.45 million in penalties against nine financial institutions for violations related to anti-money laundering (AML) regulations, identified during supervisory examinations from early 2023 to early 2025. Included in these penalties are significant fines for institutions like Credit Suisse and United Overseas Bank. The breaches were attributed to inadequate implementation of AML policies, with concerns such as insufficient customer risk assessments and ineffective monitoring of suspicious transactions. MAS aims to enhance compliance measures within the financial sector while closely monitoring the institutions' remediation efforts.
Source: YAHOO
Reported about 21 hours ago
KBank Private Banking in Thailand has recently implemented a digital platform called Wealth Cockpit, developed by Synpulse8, to enhance its wealth management services. The platform consolidates multiple client investment processes into a single tool, allowing relationship managers and financial advisors to deliver better client interactions and informed investment decisions. Launched in April 2024 and extended to retail banking operations, Wealth Cockpit supports various assets and financial instruments while integrating crucial tools for portfolio management, ensuring compliance with local regulations, and providing AI support for enhanced user experience.
Source: YAHOO
Reported about 21 hours ago
AsiaPay has partnered with Tai Wo Management to integrate its electronic payment system into the JOIE taxi booking platform in Hong Kong. This collaboration allows passengers to seamlessly book and pay for their rides using various payment methods including credit cards and digital wallets. The enhanced payment system aims to simplify transactions for passengers and provide accessible options for drivers, while also incorporating fraud prevention technologies to ensure secure transactions.
Source: YAHOO
Reported about 21 hours ago
BDO 在英国增加了两位新合伙人，以增强其税务服务。David Lewis作为税务争议解决合伙人，拥有超过25年的调查税务经验，将在伦敦办公室为高净值个人和复杂企业提供服务。而James Dye则被任命为税务合伙人，专注于南部地区的就业税服务，服务中型市场公司。BDO希望通过两位新加入的合伙人，进一步提升公司在税务领域的专业能力。
Source: YAHOO
Reported about 21 hours ago
French tech firm Capgemini has announced its acquisition of IT services provider WNS for $3.3 billion, paying $76.5 per share, a 28% premium on the stock's recent price. This strategic move aims to enhance Capgemini's capabilities in AI-driven operations and solidify its position in digital business process services. With a combined revenue target of €1.9 billion in 2024, the merger is set to unlock cross-selling opportunities and strengthen client support in technology transformations, pending regulatory approvals expected to finalize by the end of 2025.
Source: YAHOO
Reported about 21 hours ago
Source: BARRONS
Reported about 21 hours ago
An analysis explores the feasibility of turning a $10,000 investment in Cardano (ADA) into $1 million by 2035. The article argues that achieving a 100-fold price increase, from $0.60 to $60, would require Cardano to surpass major competitors in the blockchain space and significantly increase its decentralized finance (DeFi) activities. Current metrics show Cardano lagging, with only $251 million locked in DeFi compared to $8.6 billion for Solana. The need for strategic pivots and improvements in liquidity and application ecosystems is emphasized, highlighting the improbability of a dramatic price surge without substantial changes.
Source: YAHOO
Reported about 21 hours ago
Vanguard Properties, a Lisbon-based real estate developer, is set to sell four hotels and branded residences in Comporta, Portugal, which are currently under development. The move aims to refocus on the residential market amidst increasing investor interest in Portuguese hotels. The company anticipates a substantial valuation for the assets and plans to complete the sale by 2026, while emphasizing a strong real estate sector bolstered by tourism growth and foreign investment.
Source: YAHOO
Reported about 21 hours ago
The UK housing market experienced stagnation in June due to a slowdown in job growth and rising economic uncertainty, with average house prices remaining unchanged since May, according to Halifax's latest house price index. While annual prices have increased by 2.5%, many factors, including elevated unemployment rates and affordability issues, continue to challenge prospective homeowners, leading experts to suggest the market struggles to regain momentum after recent tax hikes and labor market downturns.
Source: YAHOO
Reported about 21 hours ago
Source: BARRONS
Reported about 21 hours ago
SoFi Technologies has emerged as a major player in the digital banking space, boasting nearly 11 million users and impressive growth in earnings, thanks to its high-yield savings accounts and comprehensive financial services. With a recent surge of 181% in share price over the past year and continuous expansion in revenue and net income, many wonder if it qualifies as a 'millionaire-maker' stock. Despite its recent performance, industry analysts suggest considering other investment options.
Source: YAHOO
Reported about 22 hours ago
Alphabet's stock is currently considered a major bargain on Wall Street, trading at historically low valuations, prompting a reassessment of its value amidst fears over AI technologies impacting its market share. Despite concerns, the Google Search engine has seen a 10% revenue increase in Q1, indicating strong performance and sustaining an 87% market share. This rare opportunity to invest is highlighted by the significant discount of Alphabet's stock compared to the broader market.
Source: YAHOO