China May retail sales beat expectations, but industrial output and fixed asset investment missed
However, other economic metrics, such as industrial output and fixed asset investment, missed Reuters forecasts.
Activist Starboard amasses Autodesk stake, weighs suit over delayed probe disclosure
Autodesk has been under deep scrutiny over an accounting scandal that led to the resignation of its CFO over potentially inflated financial metrics.
CNBC Daily Open: Nasdaq record, $25 trillion Tesla?
Nasdaq extends winning streak, Microsoft delays AI tracker after backlash and G7 confronts China’s economic clout and Russia aid.
Singapore’s ‘shophouses’ are catching the eye of the rich, with some forking out tens of millions
Shophouses are colonial-era buildings — with some built as early as the 1840s — that are under a government conservation program.
Malaysia is emerging as a data center powerhouse amid booming demand from AI
According to DC Byte’s 2024 Global Data Centre Index, the city of Johor Bahru is the fastest growing data center market in Southeast Asia.
Hong Kong stocks reverse losses as investors assess key China data; Nikkei tumbles almost 2%
The People’s Bank of China held its medium term lending facility rate unchanged at 2.5% on 182 billion yuan, as expected
Forget Nvidia: Wealth manager for the ultra-rich names 3 global stocks to buy instead
Dhruba Jyoti Sengupta of Wrise Private Middle East is looking beyond investor darling Nvidia, naming three global stocks he prefers right now.
How to invest $100,000 when stocks are at all-time highs? Here’s what two wealth managers say
One of the pros recommends a stock which currently offers a 6.6% dividend yield.
Fed’s Kashkari says it’s ‘reasonable’ to predict a December rate cut
Minneapolis Fed President Kashkari said it’s a “reasonable prediction” that the U.S. central bank will cut rates once this year, waiting until December.
S&P 500 rises to record close on Monday, Dow snaps four-day losing streak: Live updates
The S&P 500 rose Monday to close at a fresh record close as Wall Street looked to build on last week’s gains.
