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Wall Street sees substantial upside in index funds tracking technology and communication services stocks.
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MUFG’s Lee Hardman notes the US Dollar has weakened, with the Dollar Index dropping below Friday’s high as Brent declines towards USD90.
D.E. Shaw is in discussions to lead a funding round of at least £300m for UK digital bank Monzo, in a transaction that could value the fintech at approximately £7bn and strengthen its position ahead…
Hong Kong and mainland stocks closed higher on Tuesday, led by AI supply chain shares, as an overnight rally on Wall Street and sliding oil prices lifted risk sentiment across Asia.
The city-state’s tax rates and incentives reduces the tech giant’s tax expense by US$5.5 billion
