China Vanke Co.’s sales slump moderated in May, as a thaw in housing market sentiment boosted the state-backed developer that’s become a focus of the nation’s property crisis. from Bloomberg Markets https://ift.tt/q9kdceg
Get up to speed with what the markets are monitoring from Bloomberg Markets https://ift.tt/f0KGiA3
Investors love India, fear Sheinbaum, and are holding their breath over whoever joins a coalition in South Africa. from Bloomberg Markets https://ift.tt/bOFqgeT
Deepak Mehra, Commercial Bank of Dubai Chief Economist, says headline data does not show economic slowdown and weak consumer spending. He speaks with Joumanna Bercetche on Horizons Middle East & Africa. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/lqke6Zd
The module has lifted off with the first-ever samples collected from the far-side of the moon. https://ift.tt/4P7xj2p June 04, 2024 at 07:29AM
Retail sales ticked higher in the U.K. last month, recovering some previous decline ahead of general elections slated for July, according to a BRC-KPMG report. https://www.wsj.com/articles/u-k-retail-sales-rebound-weakly-in-may-report-says-b9375cd7
Israeli Prime Minister Benjamin Netanyahu reiterated that there would be no permanent cease-fire in the war against Hamas in Gaza until the country’s conditions are met, which include the destruction of the militant group. Bloomberg News’ Abeer Abu Omar discusses with Joumanna Bercetche on Horizons Middle East & Africa. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/8IcCXd0
Hitachi and Microsoft announced a multibillion-dollar collaboration to accelerate the adoption of generative artificial intelligence, the latest in a series of partnerships and investments the two companies are undertaking. https://www.wsj.com/articles/hitachi-microsoft-plan-for-multibillion-dollar-ai-partnership-3a040cf9
Bitfarms, a Bitcoin mining firm, reported a 42% drop in crypto mining revenue in May, the first full month following the Bitcoin halving in mid-April, which reduced their Bitcoin production from 263 BTC in April to 156 BTC in May. The company attributed part of the decline in production to “unusually cold temperatures” at its…
Stock gauges in India came off record highs hit on Monday, with both the Nifty 50 index and BSE Sensex falling about 2% each. https://www.cnbc.com/2024/06/04/asia-markets-live-updates-india-elections-south-korea-cpi.html