by Reuters.com | May 29, 2024 | AlphaTack Intel
May 29 – Best Buy (BBY.N) is set to post its tenth consecutive quarter of sales decline on Thursday when the U.S. electronics retailer reports quarterly results, as spending on big-ticket electronics remains pressured despite easing inflation. Although results...
by Bloomberg.com | May 28, 2024 | AlphaTack Intel
Seven of 12 economists see up to 0.3 ppt growth lift this year Analysts expect cut to reserve requirement ratio by end-June China’s most forceful attempt to shore up its beleaguered property market is expected to improve growth prospects modestly this year, according...
by CNN | May 28, 2024 | AlphaTack Intel
Hong KongCNN — China has unveiled wide-ranging measures to rescue its property sector, including asking local governments across the country to buy unsold homes from beleagured developers and easing rules on purchases. Even though China’s economy expanded faster than...
by Bloomberg.com | May 27, 2024 | AlphaTack Intel
CK Asset’s office buildings in Central see high vacancies Increasing supply, weak demand put pressure on market No one’s property in Hong Kong epitomizes the pain in the office market better than real estate legend Li Ka-shing’s. CK Asset Holdings Ltd.’s crown jewel...
by Bloomberg.com | May 27, 2024 | AlphaTack Intel
Power producers, semiconductor firms well placed to benefit Region to be second-largest non-US data center provider: MS Equity investors are scouring Southeast Asia for alternatives to play the artificial intelligence theme as tech giants pour billions of dollars in...
by Bloomberg.com | May 27, 2024 | AlphaTack Intel
OPEC+ expected to prolong cuts at meeting to be held online Brent above $83 a barrel after touching lowest since February Oil rose after dropping last week, with the focus on an OPEC+ supply meeting on Sunday and US demand at the start of the summer driving season....