Showing results for "Visi Media Asia"
markets
About the ‘T+1’ Rule Making US Stocks Settle in a DayEven in an age of instant communication and live financial data, investors still have to wait days to take ownership of the stocks they purchase or to receive payment for the stocks they sell. That’s about to change. Starting on May 28, US trades will “settle” (complete the exchange of dollars for stock) in one day rather than two. US banks, brokers and investors have been forced to review all of their post-trade technologies and procedures to ensure they are ready for the new pace of stock tradMay 3, 2024
technology
Apple Rallies Most in 18 Months on Upbeat Forecast, BuybackApple Inc. shares jumped the most in almost a year-and-a-half after the company posted stronger-than-expected sales last quarter and predicted a return to growth in the current period, sparking optimism that a slowdown is easing.May 3, 2024
markets
Yen Rally Takes Pressure Off Japan to Prop Up Battered CurrencyThe yen rallied after a weaker-than-expected US jobs report spurred bets for earlier interest-rate cuts from the Federal Reserve and weighed on the dollar, easing speculation Japan may step into the market again to support its currency.May 3, 2024