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Financial News Around the World

China hits Alibaba affiliate Ant Group with $985 million fine for violating various regulations

China’s central bank hit Alibaba affiliate Ant Group with a 7.12 billion yuan fine ($985 million) on Friday.

Published 7 July 2023
Categorised as Finance News

The No. 1 way to grow your wealth, according to a self-made millionaire: It’s ‘deceptively simple’

Growing your wealth should be boring, Ramit Sethi says. He shares three strategies that allow you to grow your money long-term.

Published 7 July 2023
Categorised as Finance News

Op-ed: Cruise line stocks are a light on the horizon for investors seeking diversification

Market breadth improved as of late May and leadership expanded to cyclical sectors. One place for investors seeking diversification could be cruise companies.

Published 7 July 2023
Categorised as Finance News

Payrolls rose by 209,000 in June, less than expected, as jobs growth wobbles

Nonfarm payrolls were expected to increase by 240,000 and the unemployment rate to fall to 3.6% in June.

Published 7 July 2023
Categorised as Finance News

Stocks making the biggest premarket moves: Levi Strauss, Biogen, Alibaba and more

These are the stocks posting the largest moves in the premarket.

Published 7 July 2023
Categorised as Finance News

Southeast Asia’s IPO market is an investor favorite amid global headwinds, Deloitte says

Southeast Asia’s initial public offering market is showing promising signs amid a global IPO slowdown in the first half of 2023, said a new Deloitte report.

Published 6 July 2023
Categorised as Finance News

Meta touches 17-month high after Threads platform launch. Here’s what the pros are saying

Pros on CNBC discussed Meta after the social media company launched its Threads platform to rival Twitter.

Published 6 July 2023
Categorised as Finance News

Payrolls report Friday likely to show a jobs market that is still hot

The consensus estimate is that payrolls rose by another 240,000 in June and the unemployment rate is projected to nudge lower to 3.6%.

Published 6 July 2023
Categorised as Finance News

The job market is still favorable for workers. ‘You’re in a lucky position,’ economist says

Federal and private job data issued Thursday suggests the labor market has remained resilient in the face of economic headwinds.

Published 6 July 2023
Categorised as Finance News

Stocks making the biggest moves midday: JetBlue, Affirm, Genius Sports, Sweetgreen and more

These are the stocks posting the largest moves midday.

Published 6 July 2023
Categorised as Finance News

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