TOKYO (AP) — Asian shares rose Monday, as the yen dipped in the midst of political uncertainty after Japan’s ruling party lost its majority in Parliament’s lower house in weekend elections. In currency trading, the U.S. dollar rose to 153.76 Japanese yen from 152.24 yen. It was trading at 140-yen …
Read More »‘If You Want To Make The Next Trillion Dollars For Shareholders, Call Me’
MicroStrategy (NASDAQ:MSTR) executive chairman Michael Saylor humorously reached out to Microsoft (NASDAQ:MSFT) CEO Satya Nadella, suggesting he can help with the company’s Bitcoin (CRYPTO: BTC) strategy. What Happened: In a post on X on Friday, Saylor advised Nadella that if he’s interested in creating the next trillion-dollar opportunity, he should …
Read More »Yen Falls, Japan’s Stocks Rise as Traders Weigh Election Impact
(Bloomberg) — The yen fell to three-month low while Japanese stocks climbed Monday as as investors mulled the implications of the Liberal Democratic Party and its coalition partner losing their majority. Most Read from Bloomberg The currency weakened as much as 0.8% against the dollar, with the slide coming after …
Read More »PBOC activates open market outright reverse repo operations facility
BEIJING (Reuters) -China’s central bank announced on Monday it had activated its open market outright reverse repo operations facility and would use it to trade with primary dealers in open market operations on a monthly basis. The bank took the decision to maintain a “reasonable abundance of liquidity in the …
Read More »Yen Drops as Japan Election Unnerves Investors: Markets Wrap
(Bloomberg) — The yen fell to its weakest level in almost three months after Japan’s ruling coalition failed to win a majority in parliament at the weekend’s election. Crude tumbled after Israeli strikes on Iran avoided oil facilities. Most Read from Bloomberg The Japanese currency fell as much as 0.6% …
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Read More »How a Mumbai Drugmaker Is Helping Putin Get Nvidia AI Chips
(Bloomberg) — Occupying the top three floors of an unremarkable office building in northern Mumbai, there’s little to distinguish Shreya Life Sciences from the many other commercial businesses that keep the Andheri neighborhood of India’s largest metropolis humming throughout the day. But this inconspicuous pharmaceutical company is part of a …
Read More »2 High-Yield Dividend Stocks That Are Screaming Buys Right Now
Generous dividend yields can be dangerous. Double-digit dividend yields often show a company is in deep trouble, where a stalwart series of boosted payouts couldn’t drive stock prices higher. At the same time, cash-machine businesses can power their payouts from excessive cash flows, resulting in a strong yield that can …
Read More »Experts push back on Goldman Sachs’ forecast for low returns
Goldman Sachs’ that the S&P 500 will deliver 3% annualized nominal total returns over the next 10 years has gotten a lot of attention. (Read TKer’s view and .) I think Ben Carlson of Ritholtz Wealth Management it best: “It’s rare to see such low returns over a 10 year …
Read More »3 Dividend Stocks to Double Up on Right Now
Some investors may find it tempting to keep all of their portfolio in high-growth tech stocks so early in their development that they’re putting all their cash back into the business. But ignoring the value of stocks that pay a dividend is a rookie mistake. Here are three dividend stocks …
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