Month: May 2022

Saudis Cut Oil Prices To Asia

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🇸🇦 🇸🇦 Saudi Arabia, the biggest exporter, has reduced oil prices for Asia and northwest Europe
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Bond Buyers Take Note

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🚨 🚨 Bond Buyers Take Note: The iShares Core U.S. Aggregate Bond ETF (AGG) is down 11% year to date
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Tesla Halts Production At Shanghai Plant

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🚨 🚨 Supply problems force production halt at Tesla’s Shanghai plant -Reuters
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Southeast Asia: Fitch Likes Digital Banks

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🚀🚀 Digital Banks Will Be Game-Changers: Fitch Solutions Country Risk and Industry Research said that digital banking will see high demand in Malaysia
In a report on May 6, the firm said that the five consortia awarded the country’s first digital banking licences are well-positioned to capture the market opportunity, given their individual strengths and capabilities
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Highest Yielding Free-Cash Flow Stocks

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💰 💰 Many of the highest free-cash-flow-yielding stocks in the S&P 500 that trade for below-average earnings multiples are in banking and financials
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Warhol’s Monroe Portrait Sells For $195 Million

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🚨 🚨 Andy Warhol’s 1964 portrait of Marilyn Monroe Sells For $195 million at Christie’s
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Travellers Are Avoiding HK

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🇭🇰 🇭🇰 Only 512 visitor arrivals at Hong Kong airport from May 1 to May 7 as travellers are still put off by strict rules
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Sika Has More Than 100% Upside

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🚨 🚨 HSBC Sees Swiss Specialty Chemicals Co Sika Climbing 118%
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Hedge Fund Buys More Shell Stock

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🚨 🚨 Hedge Fund Adds To Shell Long Position: Third Point’s Daniel Loeb told investors he has added to his stake in energy giant Shell
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