ERNews

The bank said it would restructure to focus on high-return areas like Hong Kong and India, as well as exit low-profitability markets like Europe and the US HSBC will expand its investment banking business to serve the rising demand of companies from Asia and the Middle East for initial public offerings (IPOs), said the co-CEOs of the bank's biggest profit centre. The plan aligns with the bank's restructuring to focus on high-return areas like Hong Kong and India, as well as exit low-profitability markets like Europe and the US. Hong Kong sits atop the world's IPO league table, after 27 companies raised US$9.96 billion this year as of last week, according to the London Stock Exchange Group. India's two bourses - the National Stock Exchange and Bombay Stock Exchange - ranked fourth and fifth in the same period, with 113 companies raising US$7.72 billion. Do you have questions about the biggest topics and trends from around the world? Get the answers with...

Kovo+ ( TSXV: KOVO:CA ) announced that Mark Detz has resigned as chief financial officer of the company, and Kovo accepted his resignation effective as of June 4, 2024. Following a confidential recruitment process, the company has identified and selected a candidate to succeed Detz as chief financial offer and expects to announce the appointment in due course. Source: Press Release More on Kovo HealthTech Financial information for Kovo HealthTech

Kovo+ ( TSXV: KOVO:CA ) announced that Mark Detz has resigned as chief financial officer of the company, and Kovo accepted his resignation effective as of June 4, 2024. Following a confidential recruitment process, the company has identified and selected a candidate to succeed Detz as chief financial offer and expects to announce the appointment in due course. Source: Press Release More on Kovo HealthTech Financial information for Kovo HealthTech

Tesla stock is having a rough week. Shares have fallen more than 20% in the last five days, and were down 14% on Thursday alone. Meanwhile, trading volumes — the number of shares trading hands — paint a distinct picture. Look beyond the headline stock moves, and the type of selling starts to come into focus. On days when Wall Street panics, trading volume typically surges. Last Thursday, May 30, when The New York Times ( NYT ) published a bombshell story about Elon Musk’s drug use, erratic behavior, and political entanglements, Tesla’s volume spiked to more than 123 million shares . In the days following, as Musk broke rank to come out against the new tax bill , the stock kept on falling, but volume largely declined — to about 81 million shares on Monday, under 100 million on Tuesday and Wednesday, and about 80 million as of midday Thursday. That pattern suggested the later move down may have been driven more by retail investors, with s...

The share price of Oklo Inc. (NYSE: OKLO ) fell by 7.66% between May 27 and June 3, 2025, putting it among the Energy Stocks that Lost the Most This Week . Let’s shed some light on the development. Marcin Balcerzak/Shutterstock.com Backed by OpenAI’s Sam Altman, Oklo Inc. (NYSE:OKLO) develops advanced fission power plants to provide clean, reliable, and affordable energy at scale to customers in the United States. Oklo Inc. (NYSE:OKLO) skyrocketed last month after President Trump signed an executive order to quadruple America’s nuclear energy capacity and ensure the country’s energy security amid a record rise in electricity demand. The order placed special attention on small modular reactors, or SMRs, presenting a significant opportunity for operators like Oklo. The company’s Aurora Powerhouse, capable of holding up to 75 MW, is well-suited to meet the needs of large-scale data operators without the necessity for design alterations. So the recent drop ...

Despite the recent flurry of tariff news and economic uncertainty portrayed by pundits, several key indicators are flashing bullish signals, including: Atlanta Fed GDPNOw Estimates 3.8% Q2 GDP Growth The “GDPNow Model” is a model created by the Federal Reserve Bank of Atlanta to provide a real-time estimate of the current quarter’s Gross Domestic Product (GDP) growth. Through its “Nowcasting” model, the GDPNow Model leverages a purely data-driven model that interprets current data to predict the future instead of simply predicting future economic conditions. Between the first negative GDP reading in several quarters, an escalating trade war, and negative sentiment, the GDP picture looked quite bleak. However, the current market environment illustrates why savvy investors rely on data-driven predictive models to eliminate bias and find the hard truth. In the latest reading, the GDPNow Model for real GDP growth (seasonally adjusted annual r...

- Harga jual emas produksi Antam, UBS, dan Galeri24 yang tercatat di situs resmi Pegadaian pada Senin, 2 Juni, dilaporkan tidak mengalami perubahan dari hari sebelumnya. Emas Antam masih dipasarkan dengan harga Rp1.941.000 per gram. Hal serupa juga terjadi pada emas Galeri24 yang tetap berada di angka Rp1.881.000 per gram. Sementara emas UBS dijual seharga Rp1.889.000 per gram, tidak berubah dari harga sebelumnya. Produk emas dari Antam dan Galeri24 tersedia dalam berbagai pilihan mulai dari 0,5 gram hingga 1.000 gram (1 kilogram). Sedangkan UBS menyediakan varian ukuran dari 0,5 gram sampai 500 gram. Berikut adalah rincian harga emas berdasarkan merek dan beratnya: Daftar Harga Emas Antam: 0,5 gram: Rp1.022.000 1 gram: Rp1.941.000 2 gram: Rp3.821.000 5 gram: Rp9.474.000 10 gram: Rp18.890.000 25 gram: Rp47.095.000 50 gram: Rp94.109.000 100 gram: Rp188.137.000 250 gram: Rp470.069.000 500 gram: Rp939.921.000 1.000 gram: Rp1.87...

, JAKARTA - Tetangga dekat Indonesia, Vietnam, sekali lagi menerima keberuntungan dalam bentuk investasi, dan kali ini asalnya adalah Donald Trump . Ketika tensi perdagangan antara Washington dan Hanoi semakin tinggi, Vietnam telah mengizinkan investasi senilai 1,5 miliar dolar (setara dengan Rp24,7 triliun) dari Trump Organization guna pembangunan lapangan golf, hotel, serta properti lainnya. Menurut laporan QZ.com, kesepakatan investasi ini timbul sementara Amerika Serikat menaikkan tekanan pada surplus dagang Vietnam dan diduga campur tangan negara tersebut yang membantu produk-produk China mendapatkan akses ke pasarnya di AS. Vietnam, mitra perdagangan utama Amerika Serikat di kawasan ASEAN, sudah lama menjadi perhatian utama dalam upaya penerapan tariff oleh Presiden Donald Trump. Kekurangan dagang Amerika Serikat terhadap Vietnam meningkat menjadi $123 miliar pada tahun 2024, dipicu oleh lonjakan impor akibat produk-produk yang dirakit di Vietnam tetapi mengg...