Tag: shares
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Global shares rise as bond selloff eases before US jobs
LONDON, Oct 2 : Global shares rose on Friday as wild volatility in bond and currency markets eased ahead of key US jobs data that could shape expectations for the Federal Reserve’s next policy move. In Europe, longer-dated sovereign bond prices rose on the day, although those in more indebted countries, lik
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Trump bought and sold shares in Musk’s SpaceX in July, financial disclosure shows
WASHINGTON, Sept 22 : US President Donald Trump bought as much as $50,000 worth of shares and sold as much as $15,000 in Elon Musk’s SpaceX in July, according to a public financial disclosure, his latest transactions involving a government contractor run by his former adviser. Trump bought between $15,001 an
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Dangote IPO tests Nigeria’s fintech infrastructure as investor demand overwhelms platforms
LAGOS, Sept 17 : Several Nigerian digital investment platforms suffered outages as retail investors rushed to buy shares in Dangote Petroleum Refinery, highlighting the strain Africa’s largest-ever share sale is placing on fintech infrastructure.Regulators and market participants have urged first-time investo
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NSE IPO: India’s biggest stock exchange launches mega share sale
The National Stock Exchange’s listing is expected to raise more than $2bn as it goes public on Thursday.
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Asian shares waver as oil and yields rise ahead of Fed, BOJ meetings
TOKYO: Asian shares struggled on Tuesday (Sep 15) as investors weighed Middle East tensions and calls by industry figures for a
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SB Energy to sell up to $500 million in shares to Japan investors as part of US IPO
TOKYO, Sept 15 : Data centre developer SB Energy, backed by SoftBank Group, will sell up to $500 million in shares to Japanese investors as part of a public listing in the U.S., a filing showed on Tuesday. The firm will issue new shares to the Japanese investors, and the funds will be used for…
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Oracle shares rise as AI cloud backlog beats estimates
Sept 11 : Oracle shares rose 5.5 per cent premarket on Friday after the cloud computing and software company’s stronger-than-expected quarterly results eased concerns around its massive debt-driven spending spree.The Austin, Texas-based firm booked more than $30 billion of additional AI cloud contracts in the
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Fast-fashion retailer Shein shares fall more than 10% in pre-debut trading
HONG KONG, Aug 31 : Shares of online fast-fashion retailer Shein slumped more than 10 per cent in gray-market trading on Monday, one day ahead of its Hong Kong Stock Exchange debut.The company raised $1.7 billion at HK$48.56 a share, valuing it at about $26.5 billion, according to sources who declined to be i
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Nvidia stock jumps after early dip following results; AI fever is unabated
NEW YORK, Aug 26 : Nvidia investors got a roller coaster ride after the market closed on Wednesday, with its shares jumping after an early dip following the company’s quarterly results, highlighting Wall Street’s elevated expectations for its favorite AI chip designer.Nvidia handily beat the consensus estima
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Alibaba chair buys another 720,000 company HK shares
BEIJING, Aug 25 : Alibaba chairman Joe Tsai purchased another 720,000 Hong Kong-listed shares of the company on Tuesday, two days after the Chinese e-commerce and cloud computing giant launched a heavily discounted HK$80-billion ($10.2 billion) share sale to fund its AI ambitions. Tsai bought the stocks at a
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