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Financial News Around the World

Singapore’s OCBC bank suffers brief outage, shares gain 1%

OCBC card, branch and ATM services were restored at 10.37 a.m.

Published 28 August 2023
Categorised as Finance News

Chinese EV startup Xpeng shares soar after announcing $744 million deal with Didi

Chinese electric car company Xpeng has signed yet another joint car production deal.

Published 28 August 2023
Categorised as Finance News

Your boarding pass and weight, please: Why airlines are asking passengers to step on the scales

Airlines weigh passengers in the name of safety and fuel efficiency, often because it’s required by law. But whether it’s necessary depends on who you ask.

Published 27 August 2023
Categorised as Finance News

China’s big internet names have mostly beat. Here’s where analysts think the stocks are headed

Chinese internet tech companies Alibaba, Tencent and Baidu have reported solid quarterly earnings this month.

Published 27 August 2023
Categorised as Finance News

Disney rebounds after touching 9-year low. What the pros say to do next

Pros on CNBC discussed Disney after shares of the stock rebounded slightly after hitting a nine-year low.

Published 25 August 2023
Categorised as Finance News

Op-Ed: Less affordable homes don’t just ruin American dreams, they’re a threat to the economy

The National Association of Realtors said earlier this month its housing affordability index fell to its lowest level on record, going back to 1986.

Published 25 August 2023
Categorised as Finance News

Stocks making the biggest moves midday: Nordstrom, Hasbro, Hawaiian Electric, Affirm and more

These are the stocks posting the largest moves midday.

Published 25 August 2023
Categorised as Finance News

Wells Fargo repays clients $40 million for excessive investment advice fees

Wells Fargo for years didn’t honor fee agreements between some financial advisors and their clients, the SEC said Friday.

Published 25 August 2023
Categorised as Finance News

Fed Chair Powell calls inflation ‘too high’ and warns that ‘we are prepared to raise rates further’

Federal Chair Jerome Powell called for more vigilance in the fight against inflation, warning that additional interest rate increases could be yet to come.

Published 25 August 2023
Categorised as Finance News

Stocks making the biggest moves premarket: Marvell Technology, Affirm, Hawaiian Electric and more

These are the stocks posting the largest moves before the bell.

Published 25 August 2023
Categorised as Finance News

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