Finance News

Tesla recorded its highest performance and profit in the second quarter despite the global supply chain crisis of semiconductors for vehicles. Tesla posted a net profit of $1.14 billion in the second quarter on the 26th (local time), up more...

Credit card rewards can be tempting, yet costly at the same time. Many people are not aware of this possibility. Most of them only focus on the possible small benefit they can gain. Thus, in order to avoid the cost...

Singapore was hit by COVID-19 again. The country had to impose another restriction to mitigate the case, causing a stumble in Q2. Economists, though, are optimistic that the economy could return to normal soon as global growth picks up and...

Amazon founder Jeff Bezos has once again broken the world record for asset. On the 6th local time, Bloomberg reported that Amazon's stock price rose 4.7 percent, raising Bezos net worth by $8.4 billion to $211 billion. Amazon's stock price...

Didi Chuxing, China's largest car-sharing company, is pushing for a NASDAQ IPO with the goal of receiving corporate value of up to $67 billion. As a result, Didi Chuxing is expected to be the largest IPO in the U.S. stock...

When the discount seasons come, the temptation to shop is unstoppable. Your needs are suddenly appeared after seeing an attractive promo. The discount events are held by several ecommerce companies once a year or more. Facing a discount season does...

Housing prices in the US soared 23.6% in May due to lack of supply, low mortgage rates and economic recovery, the highest level in more than 20 years since statistics were compiled. During the same period, Dutch housing prices rose...

Bloomberg reported on the 21st that many of the global investment banks operating in China struggled to generate profits last year, recording net losses or barely avoiding losses. According to the report, major investment banks operating in China posted an...

Reuters reported on the 15th (local time), citing data from financial information provider Delogic, that the US IPO volume has already exceeded its annual record when 2021 is not yet half passed. According to this, the IPO size in US ...

Compared to a year ago, industrial production in Malaysia noted a significant surge, government report shows. A recent report from the Malaysian government shows a 50.1% surge in April compared to a year ago. Accordingly, the figure counts as the...