Asia Set for Calm Post-Fed Open; Wary Eyes on Yen: Markets Wrap
Asian equity futures were mixed after the Federal Reserve hiked interest rates to a 22-year high and indicated
1970-01-01 08:00
Singapore Bank UOB’s Profit Tops Estimates on Lending Income
United Overseas Bank Ltd. second-quarter profit beat estimates, buoyed by rising lending income. Net income, excluding one-off expenses,
1970-01-01 08:00
Pemex Chief Says Mexico to Refinance Its Debt to Avoid High Cost
Mexico will refinance Petroleos Mexicanos’s debt since it’s cheaper than if the state oil giant goes to the
1970-01-01 08:00
Meta to Charge Cloud Providers for AI Tech That It Said Was Free
Meta Platforms Inc. plans to make money from the major cloud-computing companies when they resell its artificial intelligence
1970-01-01 08:00
Asian Hedge Funds Outperform With Bets on AI, Japanese and US Stocks
Several Asia-based hedge funds used bets tied to artificial intelligence, along with Japanese and US stocks, to beat
1970-01-01 08:00
ServiceNow Raises Sales Forecast, Bets on Boost From AI
ServiceNow Inc. raised its annual subscription sales forecast, signaling a strong pipeline for automation software and betting the
1970-01-01 08:00
EBay Drops as Quarterly Profit Outlook Misses Estimates
EBay Inc. dropped after projecting earnings in the current quarter that narrowly missed analysts’ estimates, suggesting the e-commerce
1970-01-01 08:00
Meta Shares Climb After Revenue, Forecast Beat Estimates
Meta Platforms Inc. shares surged after the company forecast revenue that beat analysts’ estimates, showing that the social
1970-01-01 08:00
Maine Lawmakers Approve Bill to Boost Offshore Wind Development
Maine moved a step closer to becoming the East Coast’s first floating offshore wind location after lawmakers approved
1970-01-01 08:00
Fed Raises Interest Rates to 22-Year High, Leaves Door Open for More
The Federal Reserve raised interest rates to the highest level in 22 years and Chair Jerome Powell said
1970-01-01 08:00
Private Equity Backers of Plan B Morning-After Pill Weigh $4 Billion Sale of Company
The private equity owners of Foundation Consumer Healthcare are exploring a potential sale of the company behind popular
1970-01-01 08:00
Billionaire Brothers, JPMorgan Refinance NYC Luxury Condo Tower
Billionaires David and Simon Reuben have bolstered their New York City property investments, helping to refinance debt on
1970-01-01 08:00