Global stocks set for correction by year-end as rally fizzles: Poll
BENGALURU (REUTERS) – The blistering rally in global stocks is nearly over, any further gains will be limited and a correction is likely by the end of the year, a […]
GameStop says SEC is investigating trading of its shares
NEW YORK (BLOOMBERG, REUTERS) – GameStop, one of the popular “meme” companies whose stock has soared this year, said US securities regulators are looking into the trading of its shares. […]
Ethereum hits new record high again, dogecoin slumps
NEW YORK (REUTERS) – Cryptocurrency ethereum climbed to a new peak for a third straight day on Monday (May 10) on continued optimism about further growth in decentralised finance or […]
Samsung Electronics flags 44% surge in Q1 profit, matching analysts’ estimate
SEOUL (REUTERS) – Samsung Electronics on Wednesday (April 7) said first-quarter profit likely rose 44 per cent, which analysts attributed to brisk sales of home appliances, smartphones and TVs, though […]
Zoom projects annual sales signalling growth after pandemic
NEW YORK (Bloomberg) — Zoom Video Communications projected annual revenue that would top analysts’ estimates, signalling the video meeting service expects to remain a ubiquitous presence in daily life even […]
Bitcoin soars to new high above US$52,000; sustainability concerns rise
NEW YORK (REUTERS) – Bitcoin surged to yet another record high on Wednesday (Feb 17), a day after the virtual currency vaulted to the US$50,000 (S$66,390) hurdle, even as analysts […]