Tag: stock market
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Anthropic flags revenue surge to investors ahead of stock market debut
It comes as some investors have become concerned about the amount of money being spent on AI infrastructure.
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Oil rises as Saudi Arabia vows response to attacks
NEW YORK: Oil prices rose on Monday (Oct 12) as Yemen’s Iran-backed Houthi movement launched additional strikes on Saudi Arabia, adding to worries about tight global supplies headin
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Commentary: Every investment portfolio looks like the same trade – AI
Investor portfolios have become alarmingly reliant on the fortunes of just one bet on the build-out of an uncertain technology, says Katie Martin for the Financial Times.
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Turkey: Stock market scandal hits half a million investors
Asset managers are alleged to have artificially inflated the value of their funds. Turkish authorities have made multiple arrests, and a leading AKP lawmakers has resigned.
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Turkey’s stock market scandal sees arrests and resignation while half a million people are in limbo
Nearly half a million investors are affected, arrests have been made, and a female politician from the ruling party has resigned. What is behind the stock market manipulation scandal in Turkey?
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Commentary: Why the world’s hottest stock market is a national liability
South Korea’s wild stock price swings are hurting the country’s image, says Ruchir Sharma for the Financial Times.
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Shein aims for almost $27bn valuation in 1 September stock market debut
The valuation is much lower than $100bn reached in a round of private fundraising in 2022.
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Commentary: This bad movie is a good guide to China’s stock market
Niu Lai, which translates as Here Comes the Bull, is an ironic name in a nation that is perpetually waiting for one, says Shuli Ren for Bloomberg Opinion.
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South Korea vows to soothe stock market volatility as ETF boom slows
SEOUL, Aug 4 : South Korea will take steps to curb stockmarket volatility, the finance minister said on Tuesday, amid signs of a slowdown in retail investment in single-stock leveraged exchange-traded funds (ETFs).A cap that could limit such ETFs to 20 per cent of an individual’s total investment assets was a
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Tech rebound fuels record-breaking rally in South Korean stocks
HONG KONG: South Korean stocks soared a record 17.9 per cent on Friday (Jul 31) as Asian tech firms performed a blistering recovery from an extended sell-off, with beaten-down chip giant SK Hynix rocketing almost a third as the AI boom roared back.After four weeks of blood-letting fuelled by worries over the
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