Alecta Shifts to Infra, Residential Housing as Inflation Concerns Grow
Swedish pension manager Alecta has cut down its holdings of stocks and bonds as it gears its portfolio towards more real assets due to inflation concerns, Pensions...
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XPeng’s Second-Quarter Revenues Soars 536.7% YOY
XPeng posted another record-breaking quarter with record quarterly revenues expanding 536.7% compared to the last year, according to a report by XPeng on Thursday. The deliveries of...
Buffett-Backed Fintech Firm Nubank Seeking IPO Valuation of Over $55 Billion
Brazil’s Nubank is seeking a valuation for its planned U.S. preliminary IPO that would push the fintech company's value over $55.4 billion, according to a report by...
Delays in Covid-19 Vaccinations to Cost the Global Economy $2.3 trillion
Delays in vaccinating the world against the coronavirus will come with a high price tag, according to a report by The Economist on Wednesday. A model developed...
China-U.S. Financial Roundtable Talks Set to Restart in Push for A Consensus
A group of Wall Street analysts and senior Chinese government officials are working to reopen talks, according to a report by Bloomberg on Wednesday. An influential group...
AUDUSD Analysis Ahead of the Jackson Hole Meeting
AUDUSD is on a rebound after hitting its lowest level YTD in the past week.Aussie has been boosted by the rising iron ore price amid hopes of...
