Mainland Banks Plunge on Goldman Sachs Downgrade
Mainland Banks Plummet on Hong Kong Stock Market Shanghai/Hong Kong – In a significant development, mainland banks experienced a sharp decline in the Hong Kong stock market on Thursday. The cause for concern was sparked by Goldman Sachs’ decision to downgrade its investment positions regarding Agricultural Bank of China and several others. On the 5th […]
SBI Holdings Collaborates with PSMC to Establish Semiconductor Factory in Japan
In a significant development, SBI Holdings witnessed a surge in its stock value, remaining over 2% higher than the previous trading day. The financial giant has recently announced its collaboration with Taiwan-based semiconductor foundry, PSMC, to establish a preparatory company for a state-of-the-art semiconductor factory in Japan. Setting the Stage for Technological Advancement With this […]
Fund allocation to stocks, lowest level in 5 months = BofA survey | Reuters
Global fund managers’ allocations to equities fell to five months, according to a Bank of America (BofA) survey released on Monday. Picture taken in March 2022 (2023 REUTERS/Brendan McDermid) LONDON (Reuters) – Global fund managers’ allocations to equities fell to a five-month low, according to a Bank of America (BofA) survey released on Monday. The […]
Hot stock: Nippon Yusen is negative in second half, medium-term shareholder returns ‘within expectations’ opinion | Reuters
[Tokyo 10fed Reuters]- Nippon Yusen turned negative in the second half. The medium-term management plan for four years from fiscal 2023, published on the same day, included the implementation of shareholder returns, but sales took priority. Shares fell 4% at one point. An analyst at a domestic securities firm said in the market, “The president’s […]
Hot Stock: Japan Post Bank plunges sharply, Japan Post Holdings 6% very cheaply sells Japan Post stocks | Reuters
[TOKYO (Reuters)]- Japan Post Bank has fallen sharply and is down 6.1%. As of 9:25 am, it was the second-biggest drop in the Tokyo Stock Exchange’s primary market. Japan Post Bank stocks hit a record high since last year on the previous day. “Perhaps investors assumed there would be talk of a sale eventually,” he […]
Microsoft to provide ‘Call of Duty’ to Nvidia | Reuters
If the acquisition of Activision Blizzard, which handles the popular game “Call of Duty”, is approved, Microsoft will add one of Activision’s games such as Call of Duty to Nvidia’s game distribution platform “G Force Now” It has been agreed with NVIDIA to provide parts, and has sign a 10 year license agreement. A picture […]
China, the peak of corona infection is expected to last 2-3 months = prominent epidemiologist | Reuters
On January 13, Zeng Guang, a former chief epidemiologist at the China Center for Disease Control and Prevention, said that the peak of China’s coronavirus epidemic is expected to last two to three months, and that rural areas with relatively few medical resources would soon be infected. He said he expected the waves to spread. […]
US Tesla stock plunges 11%, concern about Chinese demand due to Shanghai factory production cut plan | Reuters
Shares of US electric vehicle (EV) major Tesla plunged 11.4% in trading on the 27th. Concerns about a drop in demand in China have increased after a Reuters report that the company plans to cut production at its Shanghai factory in January next year. The picture is the company logo. FILE PHOTO: Berlin, November 2019. […]
Hot Stock: Nintendo gains, reports 10-year contract with Microsoft in popular games | Reuters
[TOKYO 7fed Reuters]-Nintendo turned positive in the second half. The CEO of Microsoft’s games division tweeted that he had agreed to a 10-year contract to provide the popular game software “CALL OF DUTY” to the Nintendo platform, and it became a clue. Toyo Securities Senior Analyst Hideki Yasuda said, “(The game is) popular mainly in […]
Chinese stocks listed in the United States are falling across the board, raising economic concerns because of China’s new order | Reuters
[２４日 ロイター] – On the US stock market on the 24th, the stock prices of Chinese companies listed on the US market plunged. There were widespread fears that China’s new leadership, led by General Secretary Xi Jinping, would prioritize ideological policies at the expense of private sector growth. On the US stock market on the […]
