HONG KONG (Reuters) - The Hong Kong-listed shares of Chinese e-commerce group JD.com were set to jump 6.5% on Friday after it reported forecast-beating quarterly profits, helped by price cuts that lured cost-conscious consumers to its platform.
JD.com's Hong Kong shares were set to open at HK$105.80.
(Reporting By Anne Marie Roantree; Editing by Himani Sarkar)
WILMINGTON, Delaware (Reuters) -Trump Media & Technology Group Corp breached an agreement with Patrick Orlando's ARC Global and the fund must receive more than half a million additional shares before a lock-up on insider sales expires on Thursday, a Delaware judge has ruled. However, Lori Will of the Court of Chancery also ruled against ARC on breach of fiduciary duty claims and said Orlando was owed far fewer shares than he sought for his work on the deal that led to Trump Media becoming a public company. Trump, the former president and current Republican candidate for the White House, owns about 57% of Trump Media stock.
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Over the last 7 days, the Canadian market has risen 2.8%, and in the last year, it has climbed 14%. With earnings forecasted to grow by 15% annually, investors may find dividend stocks particularly appealing for their potential to provide steady income and capital appreciation.
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NEW YORK (AP) — U.S. stock indexes edged lower Wednesday after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates.
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OTTAWA — Some members of the Bank of Canada's governing council are growing concerned that high interest rates may bring down inflation by more than necessary.
(Bloomberg) -- Canada’s main stock index has surged almost 8% since its central bank began cutting interest rates in June, outperforming the S&P 500. Some strategists say that’s an opportunity — they’re urging investors to sell down or even get out of Canadian stocks altogether. Most Read from BloombergCalifornia’s Anti-Speeding Bill Can Be a Traffic Safety BreakthroughPipe Fire Near Houston Forces Residents to EvacuateTo Build a Happier City, Design for DensityLondon Mayor Plans to Pedestrianiz
"The equity markets have remained resilient, particularly favoring value and dividend-paying stocks this quarter. This inclination may gain momentum as the Fed begins to implement rate cuts."
OTTAWA — Inflation finally hit the Bank of Canada's two per cent target in August after a tumultuous battle with skyrocketing price growth, raising the odds of larger interest rate cuts in the coming months.
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CN Rail (TSX:CNR) stock is one of those wide-moat companies that's best held for numerous decades. The post 1 Bargain-Basement Stock to Buy and Hold for the Next 3 Decades appeared first on The Motley Fool Canada.
(Bloomberg) -- Chinese automaker BYD Co. has moved to fully control a joint venture it had in China with Mercedes-Benz Group AG, as an increasing number of foreign carmakers dial back their exposure to the world’s biggest auto market.Most Read from BloombergPipeline Fire Near Houston Forces Some Residents to EvacuateLondon Mayor Plans to Pedestrianize Busy Oxford StreetAn Artist Reimagines the Spaces of Childhood, With Thorny ResultsUS Driving and Congestion Rates Are Higher Than EverAn Affordab
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NEW YORK (AP) — For all the debate about just how rich former President Donald Trump is, one thing is clear: His ownership stake in Trump Media & Technology Group makes him a billionaire.
TORONTO — In buying out Bell's ownership share of Maple Leaf Sports & Entertainment, Rogers Communication is going all-in.
"Today's figure tilts the scales a touch toward a more aggressive path," says one economist. "If we get another big downside surprise, calls for a 50 basis point cut will only grow louder."
Here are two of the top TSX ETFs you can buy to with just $100. The post The Best Canadian ETFs $100 Can Buy on the TSX Today appeared first on The Motley Fool Canada.
