Finance

Court citing provisional injunction to ban new stock issuance of SM Entertainment… Kakao-Invest Chosun weakening power to fight equity

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Court citing provisional injunction to ban new stock issuance of SM Entertainment… Kakao-Invest Chosun weakening power to fight equity

Hive, favorable notice for SM Entertainment acquisition Kakao, plans setbacks, will the stake fight continue? The court upheld Lee Soo-man’s request for provisional injunction filed by former executive producer Lee Soo-man of SM Entertainment (hereinafter referred to as SM) to block the capital increase and issuance of convertible bonds against SM. As Kakao’s acquisition of … Read more

The New York Stock Exchange closes the day with a rise of 0.02%

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The New York Stock Exchange closes the day with a rise of 0.02%

Wall Street closed this Wednesday in mixed terrain and the Dow Jones Industrials, its main indicator, rose a slight 0.02% in another day of concern about the US economy. At the close of operations on the New York Stock Exchange, the Dow Jones added 5.14 points, to 32,661.84, while the selective S&P 500 fell 0.47% … Read more

Morgan Stanley, Goldman Sachs Divisive on Japanese Value Stocks – Bloomberg

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Morgan Stanley, Goldman Sachs Divisive on Japanese Value Stocks – Bloomberg

Morgan Stanley has turned neutral on Japanese value stocks. I don’t think the recent outperformance will continue. On the other hand, Goldman Sachs Group Inc. is of the view that the strong trend of value stocks will continue with tailwinds from Japan and overseas. The outperformance of the MSCI Japan Value Index against the MSCI … Read more

U.S. Consumer Confidence Falls Unexpectedly, Expectations to Lowest Since July – Bloomberg

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U.S. Consumer Confidence Falls Unexpectedly, Expectations to Lowest Since July – Bloomberg

US consumer confidence fell unexpectedly in February. The Conference Board, a US private investigative agency, announced the results. While the recent labor market was strong, rising prices and uncertainty about the future were stronger. Key Point US consumer confidence index drops to 102.9 in February The median economist estimate is 108.5 The previous month’s figure … Read more

Victorious debut for Roman Bürki in the MLS – International

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Victorious debut for Roman Bürki in the MLS – International

The BERN world champions on the mogul slope in the parallel race in Bakuriani are the same as the day before in the singles. In the men’s category, Canadian high-flyer Mikaël Kingsbury triumphed ahead of Olympic champion Walter Wallberg from Sweden. In the women’s final, France’s Perrine Laffont won ahead of Jaelin Kauf from the … Read more

What motivates the Czech Republic to invest? They don’t trust the state to have money in their old age

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What motivates the Czech Republic to invest? They don’t trust the state to have money in their old age

In the Czech Republic, there is still a preponderance of people who have never invested and have no plans to do so. Only four people out of a hundred are considered experienced investors, and roughly every third Czech invests regularly or once. This follows from a survey conducted by the Perfect Crowd agency for the … Read more

Fed Governors Wary of High Inflation Risk, PCE Exceeds – Bloomberg

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Fed Governors Wary of High Inflation Risk, PCE Exceeds – Bloomberg

Several U.S. Federal Reserve officials said on Monday that inflation was too high and would take time to calm down. A paper released today suggested that the US policy rate may need to be raised to 6.5% as January’s Personal Consumption Expenditures (PCE) price index posted better-than-expected gains. “These inflation numbers are still not where … Read more

Saying goodbye to Florida, Herdeckerin is faster than ever

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Fort Myers/Herdecke. Hurricane “Ian” started their last season in Florida with a natural disaster. How Kaja Reinhardt managed the final: Four years at US college in Florida are not quite over for Kaja Reinhardt. However, the last sporting appearance for the Florida Gulf Coast University (FGCU) in Fort Myers, the 22-year-old swimmer from Herdecke has … Read more

Due to inflation, the New York Stock Exchange closes its worst week so far in 2023

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Due to inflation, the New York Stock Exchange closes its worst week so far in 2023

Wall Street closed the worst week since the beginning of the year, with falls of around 3% in its main indicators, after receiving data on inflation that does not subside and that will potentially lead the US Federal Reserve. to be more aggressive in rising interest rates. The week, which has been shorter due to … Read more