Southeast Asia’s top digital economies expected to hit $200 billion in 2022, report shows
South East Asia’s top digital economies grew faster than expected in 2022 and is set to reach $200 billion in GMV, according to Google, Temasek and Bain & Company.
European banks are posting bumper profits — but don’t buy their shares yet, strategist says
European banks have reported billions in third-quarter profits. Yet, investment advisors are suggesting investors should avoid the lenders’ shares. Why?
Samsung Electronics names Jay Y. Lee executive chairman
Samsung Electronics’ de facto leader Jay Y. Lee was named executive chairman on Thursday.
As earnings plunge, Samsung says chip demand may recover in late 2023
Samsung Electronics reported a 31% drop in third-quarter profit on Thursday and said geopolitical uncertainties are likely to dampen demand until early 2023.
These ‘all-weather’ stocks can protect your portfolio in a recession, says outperforming fund manager
Wall Street execs say a recession is coming. But these three stocks “will work in any type of economic environment,” says Foord Asset Management’s Brian Arcese.
Hang Seng index jumps 2% in Asia session; South Korea grows slowest in year
Shares in the Asia-Pacific were mixed Thursday as investors digest economic data in the region.
Singapore’s mortgage costs are rising — but some buyers are shrugging off higher rates
Rising rates are unlikely to have a major impact on Singapore’s property market because of wealthy buyers, strong rental demand and more.
Stocks and bonds are struggling. Give these strategies a shot instead, say Goldman and others
Analysts share some investing strategies — including one behind the success of an index that beat the S&P 500.
A couple ditched the corporate life to drive around the world. Here’s how they’re paying for it
Bradley Williams and Cazzy Magennis started out backpacking before turning to “van life.” They’re now on a years-long trip to drive around the world.
Meta plans to lose even more money building the metaverse while its ads business shrinks
Meta plans to continue investing billions into virtual reality and augmented reality amid investor concern over the health of its online advertising business.
