October 25, 2024 – Best Day Investing – Investing and Stock News

Malaysia’s jailed ex-PM Najib apologises for mishandling of 1MDB scandal

(This Oct. 24 story has been refiled to correct the day to Thursday from Wednesday in paragraphs 1 and 4) By Rozanna Latiff and Mandy Leong KUALA LUMPUR (Reuters) –…

October 25, 2024

Stock

Holcim profit beats forecasts in third quarter

ZURICH (Reuters) – Holcim (SIX:HOLN) reported better than expected operating profit during its third quarter, the construction materials maker said on Friday, despite a downturn in sales. The company, which…

October 25, 2024

Stock

Las Vegas Sands to spend $8 billion to expand MBS resort in Singapore

SINGAPORE (Reuters) – Casino operator Las Vegas Sands (NYSE:LVS) plans to invest $8 billion in Singapore to expand its Marina Bay Sands resort, a major bet by the Nevada-based firm…

October 25, 2024

Stock

Regulator calls Australia’s Macquarie ‘reckless’ over futures trading breach

SYDNEY (Reuters) – Top Australian investment bank Macquarie Group (OTC:MQBKY) showed a “reckless and poor attitude to compliance” by failing to act on warnings about suspicious futures trades carried out…

October 25, 2024

Stock

Retail investors turn less bullish on stocks, AAII survey shows

Investing.com– Retail investors grew less optimistic over the short-term outlook for stock markets, an American Association of Individual Investors survey showed on Thursday, with neutral and pessimistic sentiments increasing. The…

October 25, 2024

Economy

Japan factory output likely rebounded in Sept on auto production recovery: Reuters poll

TOKYO (Reuters) – Japan’s industrial output likely rebounded in September, led by a recovery in auto production, but sustained solid growth may be uncertain on lacklustre global demand, a Reuters…

October 25, 2024

Economy

World Bank rolls out new strategy to boost economic opportunities for women

WASHINGTON (Reuters) – The World Bank announced on Thursday a new gender strategy aimed at boosting economic opportunities for women and enabling their participation in the global economy through social…

October 25, 2024

Economy

Hedge funds have cut most Chinese stock purchase since late September, says Goldman

By Summer Zhen HONG KONG (Reuters) – Global hedge funds dumped China and broader emerging markets shares while buying U.S. equities in a sharp rotation in October ahead of the…

October 25, 2024

Economy

BOJ may offer less dovish signs as US recession fears ease, rates on hold

By Leika Kihara WASHINGTON (Reuters) – The Bank of Japan is set to maintain ultra-low interest rates next week, and probably signal a less dovish policy outlook due to receding…

October 25, 2024

Stock

Qantas says it is not opposed to Qatar stake in Virgin Australia

(Reuters) -Qantas Airways is not opposed to Qatar Airways’ proposal to take a 25% stake in Australia’s No. 2 carrier Virgin Australia, Qantas’ chair and CEO said on Friday, adding…

October 25, 2024