Salesforce’s stock gets a boost as J.P. Morgan says AI fears are overblownNew!!
An analyst predicts 29% upside for Salesforce shares, citing some promising AI features.
‘It feels like a medical miracle’: How did a single QR code coupon cut my $618 Walgreens prescription to $15?New!!
“This medication was generic.”
Korea Steps Up Home Supply Push as President Faces DiscontentNew!!
South Korea raised its cap on household debt growth and pledged more homes in the Greater Seoul area, stepping up efforts to contain a relentless housing rally that’s becoming a political liability for President Lee Jae Myung.
Treasury Wine Shares Jump as China Demand Counters Weak RevenueNew!!
Treasury Wine Estates Ltd.’s shares jumped by as much as 6.4% as signs of growth in the vintner’s critical China market outweighed a steep drop in full-year earnings.
GoTo’s Fall From Grace Deepens With Removal From MSCI IndexesNew!!
MSCI Inc. removed GoTo Group from its indexes after a plunge in the former Indonesian tech darling’s share price left the stock difficult to trade.
Australia Housing Price Drop Helps Slow Economy, RBA’s Kent SaysNew!!
A fall in home prices is making financial conditions in Australia more restrictive, according to a senior central bank official, helping efforts to reduce aggregate demand and cool the economy.
Asian Stocks Rise on Tech, Rate-Hike Bets Ease: Markets WrapNew!!
Asian stocks rose as technology shares rallied and a subdued US inflation report eased concerns about an imminent interest-rate hike by the Federal Reserve. Brent snapped a six-day rally.
Prabowo Picks Insiders for Top Indonesia Central Bank PostsNew!!
President Prabowo Subianto nominated three senior Bank Indonesia officials to fill the central bank’s top leadership positions, reinforcing expectations of policy continuity after he picked Destry Damayanti as the sole candidate for governor.
Tata Investors Turn Focus to Succession, Strategy as Chairman Set to Step DownNew!!
Shares of Tata Group firms lost about $4.5 billion in combined market value on Wednesday.
US Sells 10-Year Debt at Highest Yields Since Financial CrisisNew!!
A $42 billion auction of 10-year US Treasuries resulted in the highest yield for the benchmark securities since 2007, luring decent appetite from investors who’ve been demanding more compensation to finance the US government.