Business News

(Reuters) – Asia’s largest manufacturing economies stepped up activity in November, with China’s factories extending their recovery driven in part by Beijing’s stimulus and a rush to export, though weak patches in other parts of the region pointed to some challenges. Risks to global trade from a second Donald Trump presidency loomed large over factories … Read more

Moussa81/iStock via Getty Images Northern Star Resources (OTCPK:NESRF) said early Monday it agreed to acquire Australian gold mining peer De Grey Mining (OTCPK:DGMLF) in an all-stock deal valued at ~A$5B (~US$3.26B). The key asset in the deal De Grey’s (OTCPK:DGMLF) Hemi gold development, a

(Reuters) -Singapore’s central bank on Monday said it fined U.S. lender JPMorgan Chase (NYSE:) a civil penalty of S$2.4 million ($1.79 million) for failing to prevent and detect misconduct committed by its relationship managers. The Monetary Authority of Singapore (MAS) said JPMorgan’s relationship managers provided inaccurate or incomplete information to clients in 24 instances of … Read more

You can’t deny Palantir‘s (NASDAQ: PLTR) monster stock run over the last year. Shares are up 237% in the last 12 months and a whopping 600% since going public back in 2020, making long-term investors a fortune. Now, Wall Street traders are piling in to see if the momentum will continue. Palantir’s earnings have grown, … Read more

By Stella Qiu SYDNEY (Reuters) -Australian retail sales firmed for a third straight month in October as tax cuts flowed through to wage packets and consumers became more confident that interest rates would not increase again, although policy easing still looked distant. Data on inventories proved to be a bit of a drag on the … Read more

If you look at midstream giant Kinder Morgan (NYSE: KMI) in isolation today, it seems like an attractive dividend stock. The yield is roughly 4% or so, which is higher than the 3.3% yield of the average energy company, using the Energy Select Sector SPDR ETF as an industry proxy. And the midstream company’s dividend … Read more

SYDNEY (Reuters) – Australia’s central bank said on Monday that risks from non-bank lenders in securitisation are limited as the labour market remained resilient, supporting households and businesses, and the size of the sector remains small overall. In a speech in Sydney on Monday, David Jacobs, head of domestic markets department at the Reserve Bank … Read more

President Joe Biden pardoned his son, Hunter, on Sunday night, sparing the younger Biden a possible prison sentence for federal felony gun and tax convictions and reversing his past promises not to use the extraordinary powers of the presidency for the benefit of his family members. The Democratic president had previously said he would not pardon his son … Read more

This has been another great year for the broader stock market indexes. And while it’s true that megacap growth stocks have been leading these indexes to new heights, many value stocks are also delivering sizable gains. Are You Missing The Morning Scoop?  Breakfast News delivers it all in a quick, Foolish, and free daily newsletter. Sign Up … Read more