Malaysia’s economy contracted by the most since the Asian financial crisis more than two decades ago as it bore the full brunt of pandemic lockdowns in the second quarter. Gross domestic product shrank 17.1% compared […]
Asian Stocks See Muted Start; Treasuries Steady: Markets Wrap
Asian stocks saw a muted start to trading Friday after a lackluster U.S. session as investors mulled the stalemate in stimulus negotiations and parsed signs of an economic recovery. Treasury yields steadied near an eight-week […]
Japan’s Economy Set to Crater by a Record in Awful Quarter
Japan’s pandemic-hit economy shrank last quarter by the most in records going back to 1955, official data is set to show Monday, with a resurgence of the virus threatening to slow a fragile recovery now […]
How Peloton and Lululemon Can Survive a Threat From Apple
If there’s one thing investors like to see from a company, it’s a captive revenue stream. That stream is typically based on a customer subscription service, whether to movies, TV, music or something else. One […]
40% of companies discussed diversity on earnings calls, up from 4% in prior quarter, new data shows
RBC found that 40% of S&P 500 companies discussed diversity, equality and inclusion during second quarter earnings calls, up from 4% in the first quarter, and 6% during the same quarter a year ago. According to […]
After Apple and Tesla, 13 More Stock Splits That Should Come Very Soon
One trend that used to be very popular and faded away was the corporate decision about stock splits. These are supposed to be mechanical issues, which theoretically have no real change to a company’s underlying […]
U.S. Treasury yields fall from five-week highs as investors monitor auctions, data
The U.S. Treasury will auction $35 billion in 8-week bills, $30 billion in four-week bills and $26 billion in 30-year bonds on Thursday. On the data front, the latest weekly jobless claims figures will be […]
Oil Rises With Shrinking U.S. Stockpiles Signaling Demand Pickup
Oil closed above a key technical level buoyed by U.S. energy data that suggest a much-awaited recovery in demand is underway as the summer driving season nears an end. Futures in New York rose 2.5% […]
After a Curious Stock Surge, the News Report Behind It Vanishes
In this article Kansas City Southern shares were already on a tear last week following news of a possible acquisition when a Spanish website reported that private equity firms would buy the railroad operator for […]
Two US agencies examining investments sold by crowdfunding site YieldStreet
Don’t abandon digital economy but start looking to invest elsewhere: UBS portfolio manager UBS Managing Director Jason Katz gives investing tips and discusses how earnings, coronavirus stimulus and vaccine developments are impacting the markets. Two […]