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The KOSPI 200 index has joined its global peers in a strong rebound as investors assess the next actions by key central banks. The index jumped to a high of ₩337 on Wednesday after falling to ₩305 earlier this month. It remains about 21% above the lowest level in 2022. South Korean stocks rebound The […]

• November 21, 2023 06:00 PM PST
• Invezz

The Singapore dollar rebounded to its highest point since August 4th. The USD/SGD exchange rate retreated to a low of 1.3385, which was much lower than this month’s high of 1.3762. It has retreated by over 7.6% from the highest point this year. FOMC minutes and Singapore GDP data The USD/SGD exchange rate has been […]

• November 21, 2023 04:02 PM PST
• Invezz

Binance is in focus in after-hours on Tuesday after the world’s largest crypto exchange named Richard Teng its new Chief Executive. Changpeng Zhao pleaded guilty today The announcement arrives only hours after its former boss Changpeng Zhao announced resignation following pleading guilty to charges of money laundering. The Department of Justice also recommended the court […]

• November 21, 2023 03:14 PM PST
• Invezz

Nvidia Corp (NASDAQ: NVDA) says its revenue more than tripled year-on-year in its third financial quarter. Its shares are still slightly down in extended hours. Nvidia says China restrictions could limit sales What’s not sitting well with investors is that the management said export restrictions could limit sales in the current quarter. Nvidia still, however, […]

• November 21, 2023 02:23 PM PST
• Invezz

Members of the Federal Open Market Committee are not particularly interested in cutting rates anytime soon, as per minutes of their most recent meeting released on Tuesday. S&P 500 could hit an all-time high in 2024 Officials remain concerned that inflation could either prove to be stickier than expected or may even move up again […]

• November 21, 2023 01:31 PM PST
• Invezz

Ford Motor Co (NYSE: F) is dialing down on its previously announced plan for a battery plant in Michigan. Its shares are in the red at writing. Ford wants to cut costs The legacy automaker says it will no longer invest $3.5 billion in the BlueOval Battery Park Michigan that was supposed to employ 2,500 […]

• November 21, 2023 09:52 AM PST
• Invezz

Zug, Switzerland, November 21st, 2023, Chainwire Future3 Campus, in partnership with The Open Network (TON) Foundation, has today announced the launch of The TON Bootcamp, an incubation program to foster mini-app development within TON’s Web3 ecosystem in Telegram. The 15 selected teams may receive support for integrating into TON’s Web3 ecosystem and stand a chance to […]

• November 21, 2023 09:29 AM PST
• Invezz

Miniso (NYSE: MNSO) stock price has had a strong performance this year, outperforming most retailers. The shares have surged by over 100% this year, outperforming the SPDR Retail ETF (XRT), which has barely moved. It has also beaten stocks like Walmart, Target, Kohls, and Lowe’s. Global growth continues Miniso is a Chinese retail company worth […]

• November 21, 2023 08:59 AM PST
• Invezz

The price of BNB, the native token of Binance, was surging on Tuesday afternoon as fresh news regarding a potential settlement with the US Justice Department hit the market. BNB, which traded at lows of $240 over the weekend, saw an upsurge on Monday as a Bloomberg report cited familiar sources as saying Binance and […]

• November 21, 2023 08:54 AM PST
• Invezz

Cloudflare Inc (NYSE: NET) has already rallied a whopping 80% over the past seven months but an Oppenheimer analyst still sees further gains ahead. Cloudflare stock has upside to $85 On Tuesday, Timothy Horan upgraded the content delivery company to “outperform”. His $85 price objective suggests another 17% upside from here. The Oppenheimer analyst turned […]

• November 21, 2023 08:49 AM PST
• Invezz