KPMG Australia announced on Monday that it will cut about 400 jobs, which is roughly 5%…
Category: Financial News
Daily coverage of the markets that move portfolios: equities, bonds, commodities, currencies and the central-bank decisions behind them. Each report explains what changed, why it matters and how it feeds into an allocation. Written for investors who follow markets as a process, not as headlines.
Nvidia AI Server Prices to Rise Over 15% Due to Memory Costs
Nvidia has told some of its major customers that prices for AI servers will rise by…
Micron Downgraded Amid Competition and Valuation Concerns
Micron Technology Inc. (NASDAQ: MU) has been downgraded to Hold by analysts. This decision comes from…
Nvidia in Talks to Invest Over $30 Billion in Perplexity
Nvidia Corp is in talks to invest in Perplexity, an artificial intelligence startup. This investment could…
Ireland’s Rent Inflation Slows to 1.4% After Initial Surge
Rent inflation in Ireland decreased to 1.4% between March and June 2023, following a record surge…
Singapore Core Inflation Hits 2% in July Due to Energy Costs
Core inflation in Singapore rose to 2% in July, up from 1.6% in June. This information…
Fed Chair Warsh Faces Inflation Test at Jackson Hole Meeting
Federal Reserve Chair Kevin Warsh will speak at the annual Jackson Hole symposium this week. Concerns…
Iran Proposes Fees for Ships in Strait of Hormuz
Iran's parliament has moved forward with a draft law that requires ships from certain countries to…
Shein Plans $1.77 Billion IPO After Valuation Plummets
Fast-fashion retailer Shein plans to raise up to HK$13.86 billion (about $1.77 billion) in its initial…
India’s Q1FY27 Earnings Show Growth Amid Market Concerns
India's corporate earnings for the June quarter of FY27 grew by 4% compared to last year,…