EUR/USD 1.15426
0.028%
Gold 4991.43
-0.294%
Oil 92.029
-3.350%
USD/JPY 158.686
-0.193%
GBP/USD 1.33681
0.097%
GBP/JPY 212.137
-0.035%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Xunze (03317.HK), the first company to list on the Hong Kong stock market specializing in token transactions, rebounded in the afternoon, narrowing its losses to 3.9%, after falling more than 9% earlier in the session. According to sources, a key reason for Alibaba Clouds recent price increase is a "surge in token usage."Alibaba (09988.HK) rose in the afternoon and is currently up 2.6%.According to the Financial Times, Microsoft (MSFT.O) is considering legal action against a $50 billion deal between Amazon (AMZN.O) and OpenAI, as the deal may violate its exclusive cloud services partnership agreement with the ChatGPT developer.1. Commerzbank: Expects the Fed to keep rates unchanged at the next two meetings, with the window for rate cuts potentially opening mid-year with Warshs appointment. 2. Barclays: Expects 25 basis point rate cuts in September 2026 and March 2027, compared to previous forecasts of June and December this year. 3. ANZ: Expects rates to remain unchanged in March, with a high probability of restarting rate cuts in June, maintaining its baseline forecast of three rate cuts this year. 4. Morgan Stanley: Expects rates to remain unchanged in March, potentially hinting at 25 basis point cuts in both this year and next, ultimately reaching a range of 3.0-3.25%. 5. RBC: Still expects the Fed to hold rates steady in 2026, and anticipates three 25 basis point "normalization" rate cuts in 2027. 6. Traders: Expects rates to remain unchanged in March; anticipates most members will still believe that rate cuts will be appropriate once inflation is confirmed to have stopped accelerating again. 7. Montreal: The Federal Reserve is expected to cut interest rates twice this year, with the first cut in September. Inflationary pressures may force the Fed to maintain a neutral stance for a longer period. On March 18, South Korean Presidential Chief of Staff Kang Hoon-sik announced at a press conference that the United Arab Emirates (UAE) has pledged to prioritize crude oil supplies to South Korea. The two sides have reached an agreement to sign a Memorandum of Understanding on crude oil supply chain cooperation, which includes exploring alternative supply routes, and is expected to be signed soon. Kang, who recently visited the UAE as President Lee Jae-myungs special envoy for strategic economic cooperation, returned to South Korea. Kang stated that an agreement has been reached allowing South Korea to make emergency crude oil purchases through the UAE, with a confirmed emergency import of 18 million barrels of crude oil from the UAE. Furthermore, Kang noted that no discussions regarding the Strait of Hormuz were held with the UAE during his visit.

Twitter Shares Fall as Musk's $44 Billion Take-Private Deal Faces "Serious Danger"

Charlie Brooks

Jul 08, 2022 11:08


During Thursday's after-hours trade, it was reported that Twitter's $44 billion take-private plan with Elon Musk is in "serious danger" as a result of Musk's decision to pull back fundraising efforts owing to continuous worries over spam accounts.


After-hours trading for Twitter Inc (NYSE:TWTR) declined by more than 3 percent following the news.d


According to unnamed sources cited by the Washington Post, Musk and his team suspended fundraising efforts for the acquisition after concluding that Twitter's data on spam accounts are unverifiable.


Twitter has stated that it deletes over 1 million spam accounts everyday and believes that bot accounts account for less than 5% of its user base. In an attempt to allay Musk's concerns, the social media behemoth has recently disclosed a plethora of data, but Musk's team remains skeptical and believes "they do not have enough information to analyze Twitter's financial prospects," according to a report citing sources.



Suggestion