Bidding war erupts for world’s oldest bank: Intesa gatecrashes BPM bid
A pedestrian pushes a baby stroller past a red Vespa scooter outside a Banca Monte Dei Paschi Di Siena SpA
Finance
China’s Xi visits North Korea as Russia ties test Beijing’s grip
Xi Jinping, general secretary of the Communist Party of China Central Committee and Chinese president, holds talks with Kim Jong
Nvidia strikes a new memory-chip deal — but SK Hynix and Samsung shares are under heavy pressure
South Korea’s once-hot Kospi index is headed for another day of sharp declines as the AI trade loses steam. Source
Hyperscalers are now the epicenter of a bear case for stocks
If the facts change, then I have to change. I learned that from reading the legendary British economist John Maynard
Asia tech stocks extend sell-off as investors sour on AI-linked names
Sinology | Moment | Getty Images Asian tech stocks extended their sell-off Monday, as investors sour on global AI-linked plays
Why foreign investors are selling
A currency dealer monitors exchange rates in a trading room at KEB Hana Bank in Seoul on June 21, 2021.
U.S., Iran, missile, Middle East, Israel, OPEC
Four soldiers are climbing a wall and they are ready to fight. Yoh4nn | E+ | Getty Images Oil prices
Hong Kong’s IPO boom is developing a performance problem
A gong during the listing ceremony of Contemporary Amperex Technology Co. Ltd. (CATL) at the Hong Kong Stock Exchange in
The Wegovy pill is still dominating the GLP-1 pill market
It has remained a top choice among Americans trying to lose weight even after the launch of Foundayo, Eli Lilly’s
These are the market’s new hot stocks as investors flee from tech
Investors are suddenly dumping technology stocks and rotating into other areas — including health insurers, banks and retailers. Source link