Bets
US dollar steady as inflation data boosts June rate cut bets; yen in focus
THE greenback was broadly steady on Monday (Apr 1) as data showing easing US prices bolstered bets that the Federal Reserve could cut interest rates in June, while the...
US dollar higher after manufacturing data lowers June rate bets
THE greenback rose on Monday (Apr 1) after data showed the US manufacturing sector grew in March for the first time since September 2022, while the yen loitered below...
US: S&P, Nasdaq open higher as softening inflation fans rate cut bets
THE S&P 500 and the Nasdaq inched higher at the open on Monday (Apr 1) after the latest inflation print showing moderating consumer prices bolstered hopes of an early...
Amazon bets US$150 billion on data centres required for AI boom
AMAZON.COM plans to spend almost US$150 billion in the coming 15 years on data centres, giving the cloud-computing giant the firepower to handle an expected explosion in demand for...
US: Wall Street rises as chipmakers rally, Fed bolsters rate cut bets
THE tech-laden Nasdaq led Wall Street higher on Thursday (Mar 21) as chip stocks rallied following Micron Technology’s upbeat forecast, while investors took comfort in the Federal Reserve sticking...
AstraZeneca bets on new cancer treatments with US$2 billion Fusion Pharma purchase
ASTRAZENECA said on Tuesday (Mar 19) it will buy clinical-stage biopharmaceutical company Fusion Pharmaceuticals for about US$2 billion in cash as the Anglo-Swedish drugmaker bets on next-generation cancer treatments....
BlackRock, Man Group reveal big Japan bets before BOJ decision
SNAP up more Japanese stocks, ratchet up shorts on government debt and keep buying the yen: these are some of the most popular calls from big-name money managers ahead...
Indian Tycoon Adani Bets Big On Vast Solar And Wind Plant
Deep in the desert along the border with Pakistan, India's most controversial billionaire is building the world's largest renewable energy park as he races to future-proof his coal-linked fortune.Gautam...