Regulators should take bolder steps to expand the Wealth Management Connect scheme and encourage more investments in Hong Kong products by mainland China-based investors, according to a finance lobby group. The government’s recent adjustments are “steps in the right direction”, but further relaxations are needed, as the support provided now is “not significant” enough to…
Quarterly financial reports play a vital role on Wall Street, as they help investors see how a company has performed and what might be coming down the road in the near-term. And out of all of the metrics and results to consider, earnings is one of the most important. We know earnings results are vital,…
WASHINGTON (AP) — A bill designed to encourage more semiconductor companies to build chip plants in the United States passed the Senate on Wednesday as lawmakers raced to finish work on a key priority of the Biden administration. The $280 billion measure, which awaits a House vote, includes federal grants and tax breaks for companies…
valentinrussanov/E+ via Getty Images Lodging REIT stocks have been standing out in the real estate sector YTD, as business travel starts to pick up, adding to the leisure sector recovery. That comes against a economic backdrop where some high-profile executives are sounding the alarm due to higher interest rates, the war in the Ukraine, and…
Consumers may be preparing for spring and summer travel and events but Lowe’s Cos. Chief Executive Marvin Ellison says shoppers will keep spending on their homes. “The home will be forever redefined by the pandemic,” Ellison told MarketWatch on Wednesday after the home improvement retailer LOW, +2.10% reported fiscal first-quarter results. Key among the ways…