Tuesday, July 27, 2021
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Nomura sees Singapore stocks benefiting from the global economic reopening

SINGAPORE — Singapore's markets look set to benefit as the world reopens and recovers from the pandemic, according to Nomura's Chetan Seth."We turned constructive on Singapore six, seven months ago," Seth, Asia-Pacific equity strategist at the firm, told CNBC's "Squawk Box Asia" on Friday.He said Singapore stocks are possibly

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British fintech boss sounds the alarm about ‘dangers’ of bitcoin and other cryptocurrencies

Anne Boden, CEO of Starling Bank, speaking at Web Summit 2019 in Lisbon, Portugal.Harry Murphy | Sportsfile for Web Summit via Getty ImagesLONDON — Anne Boden, the CEO of British fintech start-up Starling, is worried about cryptocurrencies.Some digital currency exchanges are "quite dangerous," Boden said, adding the finance industry

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Watch Christine Lagarde speaking after the ECB’s latest rate decision

[The stream is slated to start at 08:30 ET. Please refresh the page if you do not see a player above at that time.]European Central Bank President Christine Lagarde is giving a press conference after the bank's latest monetary policy decision.The euro zone central bank revised its forward guidance

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Fintech OppFi goes public as CEO looks to alleviate America’s emergency savings drought

Jared Kaplan, CEO of fintech OppFi, told CNBC on Wednesday he wants to help alleviate Americans' emergency savings worries.OppFi's target customer is the "median U.S. consumer" who earns about $50,000 annually and has a bank account, Kaplan said.Artificial intelligence-powered OppFi aims to offer accessible financial services to those who lack

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Revolut, Europe’s $33 billion fintech giant, launches a travel booking feature

Revolut's new travel booking feature, Stays.RevolutLONDON — European fintech giant Revolut is jumping into the travel industry.The London-based firm launched a new feature Tuesday called Stays, which lets users book hotels and other accommodation through its app.Customers can receive up to 10% cashback on bookings made through Revolut, the

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What to look out for as Europe’s earnings season begins, according to the experts

Bull and bear sculptures in front of the German stock exchange in Frankfurt, Germany.Kai Pfaffenbac | ReutersEurope's corporate earnings season began in earnest last week, with analyst consensus projecting a 140% year-on-year increase in earnings per share for the second quarter.Earnings per share is an important metric used by

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UBS reports 63% jump in net profit as wealth management division soars

UBS has beaten second-quarter earnings expectations as the wealthy poured money into its flagship wealth management business.The Swiss banking giant on Tuesday reporting net profit attributable to shareholders of $2 billion for the second three months of the year. This marks a rise of 63% from the same period

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Market’s violent moves will set stage for a massive comeback, Wall Street bull predicts

Market bull Art Hogan is looking beyond the trading week's rough start.The National Securities chief market strategist expects the violent moves will set the stage for a massive comeback that will prompt him to hike his S&P 500 year-end target."Here we are with everything for sale in a risk-off

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