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Stock market
Global Weight-Loss Drug Market Projected to Hit $100 Billion by 2035
September 23, 2023 06:10 AM AEST| By InvestingIn a recent forecast, BMO Capital Markets has predicted the global market for innovative weight-loss drugs, such as Novo Nordisk (NYSE:NVO) A/S's Ozempic and Wegovy, to reach $100 billion by 2035. Thi
Amazon to host another Prime Big Deal Days in October after successful sales in previous quarters
September 23, 2023 06:06 AM AEST| By InvestingAmazon (NASDAQ:AMZN) is set to host a two-day shopping event, "Prime Big Deal Days", starting October 10, 2023. This announcement comes a little over two months after its last Prime Day sale and over
S&P 500 rides tech higher as Treasury yields take breather
September 23, 2023 05:46 AM AEST| By InvestingInvesting.com -- The S&P 500 rose Friday, supported by tech as Treasury yields ease even as Federal Reserve officials continued to echo the central bank’s plan to keep rates higher for longer.
Cardoso steps in as acting Central Bank of Nigeria governor amid forex crisis
September 23, 2023 05:40 AM AEST| By InvestingThe Central Bank of Nigeria (CBN) is undergoing a leadership change as Dr. Olayemi Cardoso has assumed office as the Acting Governor, amidst a foreign exchange crisis. This development was confirmed b
Amazon Prime Video to introduce ads in 2024, offers ad-free option for a fee
September 23, 2023 05:36 AM AEST| By InvestingAmazon (NASDAQ:AMZN) Prime Video is set to start broadcasting advertisements during its shows and movies from early 2024, according to a company announcement on Friday. Initially, the ad integration w
Ethereum's anticipated Dencun upgrade may face delays until 2024
September 23, 2023 05:34 AM AEST| By InvestingThe much-awaited Ethereum upgrade, referred to as Deneb-Cancun or "Dencun," is likely to be delayed until early next year, according to remarks from core developers on Friday. This upgrade is designed
Goldman Sachs revisits $5 billion 1MDB scandal settlement with Malaysia
September 23, 2023 05:30 AM AEST| By InvestingGoldman Sachs Group Inc (NYSE:GS). is revisiting its settlement over the 1MDB investment fund scandal with Malaysia, according to Malaysian Prime Minister Anwar Ibrahim. The bank, based in New York, h
National Australia Bank faces $2.1 million fine over improper charges
September 22, 2023 05:10 PM AEST| By InvestingAustralia's second-largest lender, National Australia Bank (OTC:NABZY) (ASX:NAB), was handed a A$2.1 million penalty by the Federal Court on Friday for improperly charging consumers recurring payment
Federal Reserve's rate hike cycle may conclude soon, BlackRock CIO predicts
September 22, 2023 05:10 PM AEST| By InvestingBlackRock (NYSE:BLK)'s Chief Investment Officer for global fixed income, Rick Rieder, has expressed his anticipation that the Federal Reserve might soon end its current cycle of interest rate hikes, d
KESM Industries narrows FY23 losses, Kenanga raises target price to RM7.06
September 22, 2023 05:08 PM AEST| By InvestingKESM Industries Bhd, a Malaysian electronic manufacturing services provider, reported narrower-than-expected losses for the fiscal year 2023 (FY23), leading Kenanga Research to raise its target price
Asian stocks tumble amid Bank of Japan policy shift speculation
September 22, 2023 05:08 PM AEST| By InvestingInvestor anticipation for a potential shift from the Bank of Japan's (BoJ) ultra-easy monetary policy has led to a downturn in Asian stocks, with the MSCI's broadest index of Asia-Pacific shares outsi
Riksbank plans to hedge 25% of currency reserves, anticipates krona rebound
September 22, 2023 04:40 PM AEST| By InvestingThe Swedish central bank, Riksbank, announced on Thursday that it will hedge approximately 25% of its currency reserves, a move expected to influence the strategies of large institutional investors. T
Glenmark Pharma shares drop following major divestment of subsidiary
September 22, 2023 04:40 PM AEST| By InvestingShares of Mumbai-based Glenmark Pharmaceuticals fell 4.5% to Rs 790.25 on the National Stock Exchange (NSE) in early trade on Friday, following the company's announcement of a significant divestment i
IndiGo expands codeshare network with British Airways, boosting India-UK connectivity
September 22, 2023 04:34 PM AEST| By InvestingIndia's premier airline, IndiGo, announced on Friday a significant expansion of its codeshare network through a partnership with British Airways. The move is designed to strengthen connectivity betwee
Airfare hikes loom as crude oil price surge hits airline industry
September 22, 2023 04:34 PM AEST| By InvestingEuropean airline passengers could soon face higher ticket prices as the cost of crude oil has surged to its highest level this year at $95 per barrel, due to production and export cuts by Saudi Arabia
Vaibhav Jewellers launches IPO with plans to raise Rs 270.20 crore
September 22, 2023 04:30 PM AEST| By InvestingThe initial public offering (IPO) of South Indian jewelry brand, Manoj Vaibhav Gems 'N' Jewellers (Vaibhav Jewellers), opened for subscription on Friday. The company has set a price band of Rs 204-215
Zaggle Prepaid makes stock market debut, shares list at 2.9% premium
September 22, 2023 04:28 PM AEST| By InvestingZaggle Prepaid Ocean Services, a SaaS and fintech company, made its stock market debut on Friday, with shares listing at a 2.9% premium over its initial public offering (IPO) price of ₹164 ($1 = ₹
JP Morgan to incorporate Indian Government Bonds into Emerging Market Indices
September 22, 2023 04:26 PM AEST| By InvestingJP Morgan has announced the inclusion of Indian Government Bonds in its Emerging Market (EM) Indices, a process set to commence from June 2024 and span 10 months, ending in March 2025. The move is ant
SAMHI Hotels debuts on Indian exchanges with a premium
September 22, 2023 04:24 PM AEST| By InvestingSAMHI Hotels, a leading Indian hotel ownership and asset management platform, commenced trading on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) on Friday. The Gurugram-based f
Philippine central bank hints at monetary tightening amid supply shocks
September 22, 2023 04:20 PM AEST| By InvestingIn response to persistent supply shocks, the Central Bank of the Philippines may resume monetary tightening as early as November, according to a statement made by the bank's Governor, Eli Remolona on
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