China Holds Rates Steady Amid Property Market Boost. China’s benchmark lending rates remained unchanged this month, according to central bank data released on Monday. This decision follows Beijing’s recent aggressive measures to address ongoing challenges in the

Bitcoin Surges Over 8% as Inflation Data Spurs Risk Asset Rally. Bitcoin prices (BTCUSD) soared more than 8% on Wednesday, as crypto traders aggressively bought tokens in response to fresh inflation data. The leading cryptocurrency surged from

China Bester Group Transfers 5% Stake to Baiyang for CNY 437.7 Million. China Bester Group Telecom’s controlling shareholder, Li Liubing, is set to transfer 5% of his holdings in the company to Baiyang Investment Management. The transaction,

Novavax Stock Surges on $1.4 Billion Sanofi Deal. Pharmaceutical companies experienced a notable surge in market capitalization within a single day, reflecting a broader trend of volatility and recovery in the sector after significant losses since reaching

New Zealand Inflation Expectations Plummet Amid Lingering Economic Woes. Amidst a protracted economic downturn in New Zealand, inflation expectations have taken a notable downturn, alleviating some of the pressure on the Reserve Bank of New Zealand (RBNZ)

Bank of England Maintains Key Rate. In a widely anticipated decision, the Bank of England opted to maintain its key interest rate at 5.25%, the highest level in 16 years, during its latest policy meeting on Thursday.

Reddit Stock Soars on Strong Revenue Growth. Reddit (RDDT) experienced a significant 15% surge in after-hours trading on Tuesday, approaching an opening price of approximately $57 per share for Thursday’s session following the release of its inaugural

Amazon to Invest $9 Billion in Singapore Cloud Expansion. Amazon.com Inc. has announced a substantial investment of $9 billion to expand its cloud computing infrastructure in Singapore over the next four years. This initiative reflects Amazon’s commitment

Berkshire Hathaway Trims Apple Stake by 13% Amid Strong Q1 Cash Growth. Warren Buffett’s Berkshire Hathaway saw its sprawling stock portfolio decrease to $336 billion in the first quarter following a $20 billion divestment of stocks, as