Oil prices climbed on Monday after the People’s Bank of China (PBOC) rolled over policy loans to support the world’s second-largest economy weighed by the COVID-19 pandemic, raising the prospect of a stronger fuel demand outlook from China. Global benchmark Brent crude futures added 0.34% to $91.94 per barrel, having lost 6.4% in the previous …
Oil Prices Gain on Possible Fuel Demand Rebound in China Read More »
Shares of Indian information technology (IT) giant Infosys Ltd. on Friday rose to their highest levels in a month after the company announced plans to repurchase $1.13 billion worth of shares and increased its revenue guidance for the current fiscal year. Shares of Infosys climbed as much as 5.5% to an intraday high of ₹1,494, …
Infosys Rises After Positive Outlook, Announces Buyback Plan Read More »
Hybrid funds are a category of mutual fund schemes that invests in two or more asset classes, particularly equity and debt. While there are various types of hybrid funds, we will be focusing on balanced advantage funds (BAFs). BAFs Explained BAFs are a type of hybrid mutual fund designed to keep the ‘balance’ between risk …
Balancing Risk and Returns with Balanced Advantage Funds Read More »
Alphabet Inc.’s Google LLC has allowed former US President Donald Trump’s social media app, Truth Social, to be available for download on Play Store nearly two months after the search giant banned the app due to the lack of content moderation policies. Google stated that Truth Social operator Trump Media & Technology Group (TMTG) is …
Google Allows Truth Social to be Distributed in Play Store Read More »
Taiwan Semiconductor Manufacturing Co. (TSMC) Ltd. on Thursday posted its strongest profit surge in two years, as the company saw solid sales growth of its high-tech chips for data centers and electric vehicles (EVs) amid higher demand. The world’s most advanced chipmaker said its third-quarter net profit rose nearly 80% from a year earlier to …
TSMC Q3 Profit Rises 80%, Marks Strongest Growth in 2 Years Read More »
The Trading 212 Group Limited, which operates under the Trading 212 brand, reported total revenue of £138.7 million for the 2021 financial year. It was a significant increase of 11.2% compared to the previous year. The pre-tax profits were £86 million, a jump of 473% from the previous financial year. After accounting for taxes and …
Trading 212 Posts 512% Profit Surge, German Entity Closes. Read More »
Twitter Inc. is reportedly looking at its policies on permanently banning users, suggesting that the social media giant could be trying to align its content moderation with the vision Tesla Inc. chief executive Elon Musk has for the platform. Sources with knowledge of the matter said the San Francisco, California-based company has been exploring alternative …
Twitter Reportedly Reviewing Policies on Permanent User Bans Read More »
Asian stocks dropped to two-year lows on Wednesday, as China seemed unlikely to ease its strict COVID restrictions anytime soon, while the US dollar’s continued rally and instability in the UK bond market and the pound impacted investors’ optimism worldwide. MSCI’s broadest index of Asia-Pacific shares outside Japan lost 0.5% but later recovered to trade …
Asian Stocks Weaken as Global Volatility Hit Sentiment Read More »
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