By Kirsty Needham SYDNEY (Reuters) – Papua New Guinea will give arrest powers to its military amid an outbreak of tribal violence in the remote highlands that has seen at…
Category: Stocks
GlobalFoundries will receive $1.5 billion from the United States for chip production
Smith/Gado Collection/Photo Archive via Getty Images GlobalFoundries (NASDAQ:GFS) will receive a $1.5 billion grant from the U.S. government to promote domestic semiconductor manufacturing, as part of the U.S. CHIPS and…
Goldman Sachs raises S&P 500 target to 5,200, thanks to heavy intervention from Big Tech
Just days before Nvidia Corp.’s potentially crucial results, Goldman Sachs raised its S&P 500 year-end target to 5,200, but much of that hinges on Big Tech’s ability to continue generating…
Singapore to expand spending for 2024 and impose global minimum tax By Reuters
©Reuters. FILE PHOTO: Singapore Deputy Prime Minister and Finance Minister Lawrence Wong holds the Singapore Energy Lecture during the 15th Singapore International Energy Week, in Singapore October 25, 2022. REUTERS/Isabel…
Is the stock market open on Presidents’ Day? (SP500)
Sckrepka/iStock via Getty Images Traders will take a break from the stock market on Monday in observance of Washington’s Birthday, also known as Presidents’ Day, which is traditionally celebrated on…
Nintendo shares news that Switch successor will be delayed until 2025
Nintendo Co. shares fell in Tokyo on Monday after Bloomberg News reported that the company will delay its next-generation video game console until 2025. Bloomberg reported that Nintendo 7974, -5.84%…
Asian FX falls, dollar stable as strong inflation undermines rate cut hopes From Investing.com
©Reuters. Investing.com– Most Asian currencies held in a tight range on Monday, while the dollar settled near three-month highs as fresh signs of sticky U.S. inflation saw traders largely clear…
Turkey Cancels SSR Mining Environmental Permit After Accident (NASDAQ:SSRM)
bodnarchuk/iStock via Getty Images SRG Mining (NASDAQ:SSRM) said Sunday that the Turkish government has revoked the environmental permit of the Copler gold mine, and that the mine will remain suspended…
Nvidia’s earnings report could disrupt the momentum pushing U.S. stocks higher
Wall Street is increasingly uncomfortable with options-driven momentum trading that has helped push the S&P 500 into record territory. As demand for bullish call options hits its highest level in…
In Japan, machinery orders increase in December, but the recovery is limited From Reuters
©Reuters. Workers are seen at a construction site in a business district in Tokyo, Japan, January 23, 2024. REUTERS/Kim Kyung-Hoon/File Photo TOKYO (Reuters) – Japan’s core machinery orders rose slightly…