1. Home
  2. Business

Category: Business

Business
PayPal stock reels as $53 billion buyout bid from Stripe, Advent unravels: what next?

PayPal stock reels as $53 billion buyout bid from Stripe, Advent unravels: what next?

PayPal stock suffered a sharp reversal in premarket trading after Stripe and Advent abandoned their much hyped bid to acquire the company. PYPL fell to $53, a decline of nearly 15% from its high this

Business
USD/JPY forecast ahead of Warsh Jackson Hole Speech as BoJ official hints at hikes

USD/JPY forecast ahead of Warsh Jackson Hole Speech as BoJ official hints at hikes

The USD/JPY exchange rate wavered today, August 27, as traders waited for the upcoming Kevin Warsh statement at the Jackson Hole Symposium in Wyoming. It also wavered after the US published the latest PCE and

Business
Kospi Index on edge as SK Hynix stock jumps after strong Nvidia guidance

Kospi Index on edge as SK Hynix stock jumps after strong Nvidia guidance

The Kospi Index wavered on Thursday after the Bank of Korea (BoK) delivered a second interest rates hike as it battles with the relatively elevated inflation in the country. It also wavered as South Korean

Business
Panda Express CEOs say their ‘mission’ is to help employees realize the American dream of homeownership

Panda Express CEOs say their ‘mission’ is to help employees realize the American dream of homeownership

Panda Express is famous for its orange chicken. But the founders of the iconic fast-casual Asian chain also want to be known for something else: helping their workers realize the American dream. “I always believe

Business
Nio stock loses a crucial support level: why September 1 will be crucial

Nio stock loses a crucial support level: why September 1 will be crucial

Nio stock dropped below a crucial support level this week, reaching its lowest level since July 2025. It has dropped by 45% from its highest point last year and 38% from the year-to-date high. This

Business
Kospi Index is stuck in a local bear market: is it time to buy South Korean stocks?

Kospi Index is stuck in a local bear market: is it time to buy South Korean stocks?

The Kospi Index is stuck in a bear market after plunging 27% from its year-high as top constituent companies such as Samsung, SK Hynix, and SK Square lose momentum. It was trading at 6,852 points

Business
XRP price prediction as Crypto Fear and Greed Index hits 83

XRP price prediction as Crypto Fear and Greed Index hits 83

XRP price held steady on Tuesday morning as Bitcoin and the broader cryptocurrency market gained momentum. XRP was trading at $1.5120, well above its year-to-date low of $0.9885. The rally could extend further as strong ETF

Business
Ethereum price prediction: golden cross forms as ETF, staking inflows jump

Ethereum price prediction: golden cross forms as ETF, staking inflows jump

Ethereum price held steady close to its highest level this month, and this rally may continue after forming a golden cross pattern and as ETH ETF inflows continued rising. ETH was trading at $2,500, up

Business
GOP lawmakers criticize Trump’s beef import plan amid blowback from ranchers

GOP lawmakers criticize Trump’s beef import plan amid blowback from ranchers

House and Senate Republicans on Friday criticized President Donald Trump’s decision to suspend tariffs on ground beef imports, with lawmakers from agricultural states decrying the impact Trump’s decision will have on farmers. Nebraska’s GOP senators,

Business
Here’s why the Alibaba stock is crashing in Hong Kong today

Here’s why the Alibaba stock is crashing in Hong Kong today

Alibaba stock price dropped sharply in Hong Kong, reaching its lowest level since July 30th, as traders reacted to its earnings report and its plan to dilute shareholders. It plunged to H$111, down substantially from