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Shares of Trump Media sank Monday to their lowest price in more than a year, days after majority owner Donald Trump and other company insiders got the green light to start selling their stakes in the Truth Social operator.
An influx of the firm’s clients settling in the emirate is strengthening the case for opening a new office, complementing its operations in nine other countries, Lee Beng Hong, head of wholesale markets and platforms at Singapore Exchange, said in an interview.
LONDON — The British pound has jumped to its highest level in two-and-a-half years following a hawkish rate hold from the Bank of England, but strategists warn the upcoming U.K. budget could pose a risk to investor and consumer sentiment.
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China's central bank supplied 14-day cash to its banking system for the first time in months on Monday and at a lower interest rate, signaling its intent to further ease monetary conditions.
China's youth unemployment rate in August rose to the highest level since the new system of record-keeping began in December, driven by an economic slowdown and restrictive hiring policies, according to analysts.
Australian property listing firm REA Group has made a third pitch to buy British rival Rightmove with a new 6.1 billion pound ($8.12 billion) offer on Monday after its two previous offers were rejected.
Dow Jones Industrial Average futures are near flat Sunday night after excitement over last week's interest rate cut propelled the blue-chip index to a record closing level.