May.31 — Jun Bei Liu, portfolio manager at Tribeca Investment Partners, discusses the prospects for Australia’s stock market, the economy and central bank policy. While no change in policy settings is expected at Tuesday’s meeting, the Reserve Bank of Australia will likely hold preliminary discussions on whether to extend the three-year yield target and undertake
Virgin Galactic (NYSE:SPCE) stock has had a wild year thus far. But, of course wild swings are to be expected, especially considering SPCE stock operates in the space exploration industry. Source: rafapress / Shutterstock.com This industry has never been hotter, thanks to billionaires who’ve zeroed in on it as another high-growth sector. Richard Branson, Elon Musk
May.31 — China will allow all couples to have a third child. The government’s surprise move is aimed at slowing the nation’s declining birthrate amid a rapidly aging population. Tom Mackenzie reports on “Bloomberg Daybreak: Australia.”
May.31 — China’s central bank raised the amount of foreign-currency deposits lenders need to set aside as reserves. The move may help stem the yuan’s rally by reducing the supply of other currencies in the country. Tom Mackenzie reports on “Bloomberg Daybreak: Australia.”
May.31 — Bloomberg Surveillance: Early Edition, live from London and Berlin. Matt Miller and Dani Burger deliver the latest news and analysis on the markets. Our colleagues in Beijing tell us about China’s new child policy. John Hardy, Saxo bank’s head of FX Strategy, says he doesn’t see runaway yuan strength. A Bloomberg News survey
Chinese electric vehicle (EV) maker Nio (NYSE:NIO) saw its shares hit all-time highs early this year. With a series of missteps behind it, consumers buying more EVs in China, and its factories churning out record numbers of vehicles, Nio was on fire. But after closing at $62.84 on Feb. 9, NIO stock began to slide.
A person wearing a protective mask exits from a GameStop Corp. store at a mall in San Diego, California, on Thursday, April 22, 2021. Bing Guan | Bloomberg | Getty Images Check out the companies making headlines in midday trading. GameStop, AMC Entertainment – Meme stocks are popping again amid heightened speculative trading activities. Shares
The abundance of investing choices can be paralyzing. Stocks, exchange-traded funds, mutual funds and more await. But income investors looking for high yields could consider a relatively unknown segment of the stock market: business development companies. These stocks, called BDCs for short, have multiple potential benefits for income investors. Source: Shutterstock BDCs are essentially publicly
Because the novel coronavirus pandemic has more twists and turns than the Monaco Grand Prix, my take on biotechnology firm Ocugen (NASDAQ:OCGN) stock has been admittedly all over the map. Source: Shutterstock Still, it’s very possible that the recent volatility in OCGN stock finally provided some much-needed clarity. First, let’s back up for a moment.
May.31 — International Paralympic Committee President Andrew Parsons says the the Tokyo Games will help change the Japanese mindset around disability. He speaks in an interview with Bloomberg. (Excerpts)
May.30 — Hari Krishnan, chief executive officer of PropertyGuru Pte, discusses his company’s biggest acquisition in its 14-year history. The Singapore real estate startup has agreed to acquire all of the shares in REA Group Ltd.’s operating entities in Malaysia and Thailand. Krishnan speaks with Haslinda Amin and Rishaad Salamat on “Bloomberg Markets: Asia.”
May.30 — Justin Sun, founder of cryptocurrency platform TRON, discusses the prospects for digital currencies. He speaks with Rishaad Salamat and Haslinda Amin on “Bloomberg Markets: Asia.”
Editor’s Note: This article is a part of our “Top Grad Stocks 2021” series, where our savvy market analysts recommend their best picks for new graduates’ portfolios. Check out “Money Moves for Recent Grads” for more finance advice and click here to see more stocks for your must-buy list. Congratulations, you graduated college! You likely learned several key lessons, such as how
May.30 — Mixo Das, equity strategist at JPMorgan Chase & Co., discusses the market implications of the signs of rising inflation and policies across the globe, and the outlook for Asian markets. He speaks with Shery Ahn and Haidi Stroud-Watts on “Bloomberg Daybreak: Asia.”