Tag: business news
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Taiwan’s second-largest chipmaker starts mass production in Singapore; Citi sees improving outlook
Taiwan’s UMC has kicked off mass production of silicon photonics wafers at its Singapore facility amid positive Citi forecast.
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‘Nobody underwrote for that’: Private credit faces a key test as higher rates squeeze borrowers
Private credit is facing a new pressure point from elevated rates, which could hit under-pressure borrowers.
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Singapore’s economy expands 5.7% in the second quarter, beating expectations
The growth figure was higher than the 5.5% expected, but lower than the revised 6.3% in the first quarter.
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Chipotle is opening its first restaurant in Mexico
Fast casual chain Chipotle announced Monday that it is opening its first location in Mexico in the Monterrey area.
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Inflation reports expected to show improvement with a caveat; Warsh heads to Capitol Hill
Tumbling oil prices in June are likely to provide some welcome good news for inflation.
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A streaming stock risks diving below its key support level this week. Here’s what else Jay Woods is watching
NYSE insider Jay Woods is keeping an eye on Netflix in advance of its latest financial results due out later this week. Here’s what else he’s watching.
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Trump administration urges banks to scrutinize lending to immigrants without work authorization
Federal bank regulators issued guidance Monday seeking to curb mortgages, auto loans and other consumer credit to immigrants without U.S. work authorization.
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Oil volatility is creating a ‘win-win’ trade strategy
The United States Oil Fund (USO), the ETF that best tracks oil prices, offers equity options traders a liquid, accessible alternative to the complexities of the futures market.
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Brazilian ETF shows constructive chart action, giving a bullish outlook for the third quarter, Katie Stockton says
The leading Brazilian exchange-traded fund in the U.S. has a constructive technical setup that suggests its recent corrective phase is maturing.
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