Lululemon’s growth stumbles in North America, despite strong international performance
In a world where yoga pants double as casual wear and performance sneakers are the new status symbol, Lululemon has long reigned supreme. But even [more…]
Category: Investing & Markets
Reddit goes public raises $519 million in its NYSE debut
Reddit, the venerable online forum site where memes are born and debates rage, has finally taken its stock public. The company’s IPO, priced at $34 [more…]
Turkish Lira surges as central bank’s surprise rate hike signals tough stance on inflation
In a aggressive move, Turkey’s central bank raised interest rates by a substantial 500 basis points to 50% on Thursday, citing a worsening inflation outlook. [more…]
Saudi Arabia’s PIF and Andreessen Horowitz reportedly in talks for $40 billion A.I. fund
In a groundbreaking move, Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), is reportedly in discussions with Andreessen Horowitz, a prominent American venture [more…]
Bank of Japan ends negative rates reign, raises interest rates for first time since 2007
In a surprising move, Japan’s central bank decided to raise interest rates for the first time in over a decade, marking a significant shift from [more…]
Oil prices reach four-month high on supply disruptions and economic growth signs
In a surprising turn of events, oil prices surged approximately 2% to reach a four-month high on Monday, driven by a combination of factors including [more…]
Hong Kong explores future of money with central bank digital currency
In a bid to revolutionize the way people use money, the Hong Kong Monetary Authority (HKMA) has launched the second phase of a pilot programme [more…]
South Korean stocks surge as currency falters
In a curious turn of events, South Korean stocks soared to a 22-month high on Wednesday, echoing Wall Street’s overnight rally fueled by tech giants, [more…]
Argentina initiates massive debt swap
Argentina, known for its tumultuous economic history, is once again making headlines with its latest debt swap initiative. The government, facing a major economic crisis, [more…]
Private funds rethink housing investment, a new era of collaboration
In a recent interview on RTÉ radio’s Morning Ireland, Dr. Ali Ugur, the chief economist at the Banking and Payments Federation Ireland, highlighted the shifting [more…]