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Mainland Banks Plunge on Goldman Sachs Downgrade

Mainland Banks Plummet on Hong Kong Stock Market Shanghai/Hong Kong – In a significant development, mainland banks experienced a sharp decline in the Hong Kong stock market on Thursday. The cause for concern was sparked by Goldman Sachs’ decision to downgrade its investment positions regarding Agricultural Bank of China and several others. On the 5th […]

SBI Holdings Collaborates with PSMC to Establish Semiconductor Factory in Japan

In a significant development, SBI Holdings witnessed a surge in its stock value, remaining over 2% higher than the previous trading day. The financial giant has recently announced its collaboration with Taiwan-based semiconductor foundry, PSMC, to establish a preparatory company for a state-of-the-art semiconductor factory in Japan. Setting the Stage for Technological Advancement With this […]

President Xi talks to Bill Gates, “I hope to continue the friendship between the people of China and the United States” | Reuters

Chinese President Xi Jinping said on June 16 that he hoped the friendship between the peoples of the two countries would continue, as the foundation of Sino-US relations lies in the private sector. FILE PHOTO: London, England February 2023. REUTERS/Justin Tallis [北京 16日 ロイター] – Chinese President Xi Jinping said in a meeting with Microsoft […]

Stock Nikkei Average falls sharply, dive after high, price range 794 yen |

[Tokyo 7fed Reuters]- The Nikkei Stock Average fell ¥593.04 from the previous business day to 31,913.74 yen on the Tokyo stock market. Five days have passed since he fell. Profit taking due to warning against high prices and buying based on expectations of future high prices mixed and moved up and down significantly, and the […]

The regional bank of the United States Western Alliance emphasizes that there is no abnormal deposit outflow Remove concerns | Reuters

Western Alliance Bancorp said Wednesday it had seen no unusual deposit outflows since the failed sale of First Republic Bank to JPMorgan Chase & Co., easing investor concerns. FILE PHOTO: The New York Stock Exchange in March, 2023. REUTERS/Brendan McDermid [3日 ロイター] – Regional U.S. bank Western Alliance Bancorp said Monday it had not experienced […]

Battle over US debt ceiling could have serious consequences City CEO warns | Reuters

Citigroup Chief Executive Jane Fraser said on Wednesday that a battle between the ruling and opposition parties over the US debt ceiling could have serious consequences and was “more worrying” than similar situations in the past have shown. May 2009 (2023 REUTERS/John Gress) [ビバリーヒルズ 1日 ロイター] – Citigroup Chief Executive Jane Fraser said on Wednesday […]