Golden Financier – Page 383 – Investing and Stock News

Economy

BoE’s Bailey hints at more aggressive rate cuts amid inflation and geopolitical concerns

The Bank of England (BoE) could adopt a more aggressive stance on interest rate cuts if inflation data continues to improve, according to Governor Andrew Bailey. However, the escalating conflict…

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Economy

Turkey’s inflation drops to 49.4% in September, but rate cuts could be delayed

Turkey’s annual inflation rate slowed to 49.4% in September 2024, down from 52% in August, according to data released by TurkStat. This marked a significant decrease but was still higher…

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Stock

Indian markets tumble amid escalating Middle East tensions; auto and oil stocks take a hit

Indian equity benchmarks, BSE Sensex and NSE Nifty 50 tanked at the opening bell on Thursday on weak global cues due to rising tensions in the Middle East. Indian markets…

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Stock

China’s market rebound attracts global investors, pulls capital away from Asian rivals

A significant rally in Chinese stocks is prompting a shift in global portfolios, as investors seek to capitalize on new opportunities, Bloomberg has reported. Following Beijing’s aggressive economic stimulus measures,…

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Stock

KLM reorganization set to boost profits by €450 million annually with cost cuts and fleet renewal

LM has announced a restructuring plan aimed at increasing its profits by €450 million per year over the next few years. The Dutch airline is grappling with rising costs, including…

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Stock

Is the soaring Hims & Hers stock a good investment?

Hims & Hers (NASDAQ: HIMS) stock has done well since the company went public a few years ago. It has soared by over 193% in the last 12 months and…

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Stock

European stocks slip as tech and auto sectors plunge, inflation data fuels rate cut hopes

European stock markets closed lower on Thursday, with the technology sector leading the decline, notably impacted by German software giant SAP. Investors were also digesting critical inflation data from the…

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Latest News

Ireland set to invest Apple’s €14bn tax windfall in critical infrastructure

Earlier this month, Apple was ordered to pay €14bn in back taxes to Ireland, following a long-standing legal battle with the European Commission. The unexpected financial windfall is set to…

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Investing

RTX stock price is firing on all cylinders: is it a good buy?

The RTX (RTX) stock price continued its robust surge as geopolitical tensions rose this week. It jumped to a fresh all-time high of $124.40 on Tuesday, bringing the year-to-date gains…

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Investing

From 13.5 to 40: Here’s why the Zimbabwe ZiG is imploding

The Zimbabwe ZiG, a currency launched in April, has imploded, raising fears of sticky inflation and more US dollar demand. The official USD to ZIG exchange rate was listed at…

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