Ayatollah Ali Khamenei has defined his rule and Iran’s place in the world through his hostility to Israel and the US. But the recent airstrikes on his regime’s nuclear program are intensifying scrutiny of the 86-year-old cleric. Bloomberg’s Patrick Sykes breaks down the situation. (Corrects spelling of reporter’s name in video description.) Source link
Asian shares swung between small gains and losses as President Donald Trump left the door open for additional trade negotiations after imposing new tariff rates on several countries. The MSCI regional stock benchmark traded in a tight range amid gains in South Korea and Japan, countries that attracted a new level of levies. Toyota Motor…
Stocks have moved mostly lower during trading on Monday, giving back ground after moving sharply higher over the past several sessions. The major averages have all moved to the downside, although selling pressure has remained relatively subdued. Currently, the major averages are just off their lows of the session. The Nasdaq is down 143.48 points…
A German pension fund has tapped a Chinese firm’s Hong Kong arm to help it invest in local stocks, in a rare move among global allocators that have been cautious about gaining exposure to the nation’s equities. KZVK, which manages €34.1 billion ($40 billion), gave $50 million to Fullgoal Asset Management (HK) Ltd. in the…
A peculiar phenomenon during bull markets should concern every serious investor. As stock prices climb and portfolios swell, a curious transformation takes place across social media and dinner tables. Suddenly, everyone discovers the secret to wealth creation. The investor, who had bought a few stocks last year, starts dispensing investment wisdom. The neighbour, who stumbled…
Continued job growth and an expected economic boost from the tax cuts in the One Beautiful Big Bill … More Act (OBBBA) helped push the probability of an economic downturn closer to the lows of the year. President Trump’s July 9 tariff deadline looms as the next big hurdle this week. getty Better-than-expected job growth…
Sign up for theIndia Edition newsletter by Menaka Doshi – an insider’s guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly. Shares of India’s oldest stock exchange and a brokerage linked to Jane Street Group LLC fell after the US firm was temporarily barred from the nation’s securities…
Hong Kong’s stock market stamp duty income is filling the city’s financial coffers at the fastest pace since 2021, amid a bull run on the local bourse that has attracted scores of initial public offerings (IPOs) and fuelled frenzied trading. Duties from transactions and transfers rose to HK$29.69 billion (US$3.78 billion) in the first five…
According to a financial filing, Amazon founder Jeff Bezos has unloaded some 3.3 million shares of his company. This sale is valued at around $736.7 million. Why It Matters According to the Bloomberg Billionaires Index, Bezos, who stepped down as Amazon’s CEO in 2021 but is still the company’s chairman, is the third richest person…
Amazon founder and executive chair Jeff Bezos sold shares worth almost $737 million in the e-commerce giant in late June, according to a regulatory filing on Tuesday. Bezos, who founded Amazon in 1994, sold 3.3 million shares for $736.7 million, after adopting a 10b5-1 trading plan in March, showed the filing, made after the market closed….