Big Hit Entertainment doubled its stock market value than its IPO

Big Hit Entertainment, the label behind the chart-topping K-pop boy group BTS, made an outstanding stock market debut. In the previous report, the company is...
Why the coronavirus shouldn’t stand in the way of the next wage increase

Most world markets are observing U.S. stimulus developments

Dow futures jumped in hopes of an approval of a stimulus package. Investors and traders are waiting for further U.S. developments. Yesterday, Drew Hammill, deputy...

Lack of fiscal aid prompts ‘tragic’ economic impact, Powell warns

The Federal Reserve’s chair warned of a weak and prolonged recovery if the Congress would not pass another stimulus package to support families and...

AppLovin hires Morgan Stanley for IPO process

AppLovin, the mobile app and gaming company, hired Morgan Stanley for its IPO process. Sources say that the IPO may come out in early...

Japan’s NEC buys Swiss software company Avaloq

Japan's NEC agrees to purchase Switzerland's largest software provider Avaloq to banks for SFr2.05bn ($2.2bn). The purchase is NEC's biggest raid into the worldwide fintech space as...

Ed Yardeni says US economy will recover without fiscal aid

A veteran strategist said that a V-shaped recovery for the U.S. economy is possible despite a lack of stimulus aid. Many economists believe that another...

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