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Analysis of economics, politics and public policy in East Asia and the Pacific.
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Here’s How Wall Street Reacted to Amazon’s Q1 Earnings
Amazon (NYSE: AMZN) released its Q1 earnings yesterday after the close of markets. Here’s how Wall Street analysts reacted to Amazon’s Q1 earnings. Amazon reported revenues of $143.3 billion...
Apple Stock Rises as Bernstein Says ‘Buy the Fear’
Apple stock (NYSE: AAPL) rose nearly 2.5% yesterday after Bernstein which had a “market perform” rating on the stock for nearly two years upgraded the stock to “outperform” while...
Monex Group Completes Acquisition of Majority Stake in 3iQ Digital Holdings
Tokyo-based financial services firm Monex Group has completed the acquisition of a major stake in 3iQ Digital Holdings. This acquisition was first announced in December 2023. Consequently, 3iQ and...
PrimeXBT Partners With FinCom To Improve Dispute Resolution
The Financial Commission (FinCom), a non-governmental organization overseeing operations in the financial service industry, revealed the addition of PrimeXBT as its latest official member. PrimeXBT is a virtual digital...
FCA Takes Action Against Kent Resident For £2.67 Million Investment Fraud
The Financial Conduct Authority (FCA) has initiated legal proceedings against Lee Steven Maggs from Sittingbourne, Kent. Maggs is accused of two fraud charges and one breach of the Financial...
NYSE Considers The Launch Of 24/7 Trading On Its Platform
The New York Stock Exchange (NYSE) is getting people’s opinions on the possible introduction of 24/7 trading. They draw inspiration from cryptocurrency trading, which is always accessible. As many...
eToro Collaborates with 21Shares for Data-Backed Crypto Investment
The trading and investment company eToro has teamed up with 21Shares, the creator of crypto exchange-traded products (ETPs). The partnership aims to bring out a fresh investment portfolio that...
DXtrade And BizCuits Partner To Meet Prop Trading Tech Demand
Last week, Devexperts revealed a strategic partnership between DXtrade, its trading platform, and BizCuits. BizCuits is a service provider offering marketing solutions, payment processing, customer service, IT, risk management,...
ASIC Urges Immediate Preparation for Compulsory Climate Reporting
The Australian Securities and Investments Commission (ASIC) has told companies based in Australia to ready themselves for the upcoming implementation of a compulsory climate disclosure framework. During his keynote...
Admirals UK Records An Impressive 40$ Rise In Profit In 2023
Admirals UK-registered arm has released its profit reports for the 2023 financial year. According to the platform, it gained a profit turnover of £46,000. This is an improvement on...