Asia-Pacific Stocks Experience Declines
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Most Asia-Pacific stocks saw a drop in value on Wednesday, Aug. 16. Hong Kong’s Hang Seng Index fell to 18,329.30, marking its…
President Biden's Inflation Reduction Act: A Year of Climate and Healthcare Initiatives
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President Joe Biden commemorated the first anniversary of his Inflation Reduction Act (IRA), a comprehensive package of climate and healthcare initiatives that…
Norway's Sovereign-Wealth Fund Reports Strong Profits
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Norway’s sovereign-wealth fund, managed by Norges Bank Investment Management, achieved a remarkable profit of $143 billion (1.500 billion kroner) in the first…
Marshalls Announces Job Cuts and Dividend Reduction
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Marshalls, the concrete-products company, has recently made the difficult decision to cut approximately 250 jobs within the organization. This comes in response…
Semiconductor Companies Prepare for Quarterly Results
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Semiconductor companies are bracing themselves as they gear up to report their earnings for the quarter. However, Advanced Micro Devices Inc. (AMD)…
Warner Music Partners with TikTok for Licensing Deal
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Shares of Warner Music Group Corp. (WMG) soared 4.5% in morning trading yesterday following an exciting announcement from the music recording and…
Hawaiian Electric Industries Inc. Stock Plummets in Wake of Wildfire Lawsuits
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The stock of Hawaiian Electric Industries Inc. (HEI) took a significant hit on Tuesday, falling by 23%, following the filing of class-action…
China's Country Garden Bonds Suffering Amidst Potential Default
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China’s Country Garden bonds have recently experienced a decline, reaching distressingly low levels due to the company’s losses and the possibility of…
VinFast: The Emergence of a Leading EV Maker
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VinFast, the Vietnamese electric-vehicle manufacturer, has successfully transitioned into a publicly traded company on the Nasdaq stock exchange. This achievement comes as…
Oil Breaks Out Higher
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The $70 area proved to be a significant hurdle for Brent Crude oil over the past two years. However, in September 2021,…
Berkshire Hathaway Inc. Cl B Shares Show Modest Increase
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Shares of Berkshire Hathaway Inc. Cl B (BRK.B) inched 0.32% higher to $345.34 on Tuesday, reflecting a positive trading session for the…
Investment Firm Pershing Square Increases Stake in Alphabet
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Investment firm Pershing Square Capital Management LP, led by Bill Ackman, has revealed that it increased its position in Alphabet Inc. during…