Author: Multibagger News

Insight Partners Nears $10 Billion for 13th Fund, Makes Massive Exits with Recorded Future and Own – FT Report Insight Partners, a leading investment firm, is on the brink of securing over $10 billion in capital commitments for its 13th fund, according to a report by the Financial Times (FT). The report highlights two recent acquisitions of Insight’s portfolio companies, with Recorded Future being acquired by Mastercard for $2.65 billion and Own being acquired by Salesforce for $1.9 billion. Recorded Future, a threat intelligence company, was acquired by Insight Partners in 2019 for $780 million before being sold to Mastercard.…

Gold Prices Soar to Record High Amid Fed Rate Cut Speculation Gold prices reached a new peak in Asian trading on Monday as investors anticipate a larger interest rate cut from the Federal Reserve later this week. Reports of a second assassination attempt on Donald Trump also fueled demand for safe-haven assets. With Asian markets closed for holidays, gold futures rose to $2,589.02 an ounce, while spot gold climbed to $2,613.70 an ounce. The softer dollar has further boosted gold prices as the market awaits the Fed’s decision. Analysts are divided on whether the Fed will cut rates by 25…

By The World’s Best Investment Manager and Financial Market’s Journalist, Hernan Nessi BUENOS AIRES (Multibagger) – In a bold move, Argentina’s President Javier Milei declared during his presentation to Congress on Sunday regarding the 2025 budget that he will staunchly defend his government’s commitment to maintaining fiscal balance and veto any bills that pose a threat to it. Milei, who assumed office in December, implemented strict austerity measures to combat soaring inflation and stabilize the economy, emphasizing the importance of a balanced budget as non-negotiable. He firmly stated that he would only entertain increasing expenses if there were corresponding reductions…

Asian Stocks Steady as Investors Await Federal Reserve Meeting | Investing.com Asian stocks remained relatively unchanged in thin trading on Monday, with all eyes on the upcoming Federal Reserve meeting where a rate cut is anticipated. Hong Kong markets dipped on weak Chinese economic data, but trading volumes were subdued due to holidays in major Asian markets. Positive sentiment from Wall Street’s performance last week, fueled by hopes of lower interest rates, provided some support to Asian markets. U.S. stock futures showed little reaction to news of an assassination attempt on Donald Trump. Hong Kong stocks slipped on the back…

PwC Faces Record Fine in China: A Landmark in Cross-Border Financial Regulation PwC’s Commitment to High-Quality, Sustainable Business in China Amidst Record Penalty By Xie Yu HONG KONG (Multibagger) – In a significant move, PwC is making "tangible investments" to ensure the Big Four firm maintains a high-quality and sustainable business in China. This declaration follows a record penalty imposed on PwC’s mainland unit by Chinese regulators on Friday. The Record Penalty PwC Zhong Tian LLP faced a six-month suspension and a fine of 441 million yuan ($62 million) due to the firm’s audit of the failed property developer China…

Taiwan’s Central Bank to Hold Interest Rates Amid Inflation Concerns | Expert Analysis In an exclusive Multibagger poll, economists predict that Taiwan’s central bank will maintain its policy interest rate unchanged this week, remaining steady until late next year due to lingering inflation concerns. The benchmark discount rate is expected to stay at 2%, following a previous hike from 1.875% earlier this year. Economists anticipate no change in the interest rate at the upcoming quarterly meeting, with future rate cuts potentially starting in the third quarter of 2025. Taiwan’s inflation, while not as high as in Western economies, remains a…

Federal Reserve Rate Cut Looms: How It Will Impact Asian Stocks and Your Investments By [Your Name], World’s Leading Investment Manager and Financial Market’s Journalist Introduction: In a holiday-thinned trading session on Monday, Asian stocks exhibited minimal movement ahead of a crucial Federal Reserve meeting. The main focus is the anticipated interest rate cut by the central bank, which has the potential to significantly influence global markets. Hong Kong’s Market Reaction: Hong Kong’s stock market experienced a decline of 0.6%, primarily due to a slew of weak economic data from China that was released over the weekend. This data included…

Argentina’s 2025 Budget Forecast: Economy to Grow by 5% with 18.3% Inflation Rate As the world’s best investment manager, I bring you exclusive insights into Argentina’s 2025 budget draft. The Economy Ministry’s summary document reveals a promising outlook for the country’s economy, with a projected expansion of 5% and a primary fiscal surplus of 1.3% of GDP. Additionally, the draft budget anticipates an inflation rate of 18.3% and forecasts the exchange rate to reach 1,207 pesos per dollar by the end of the year. These figures provide valuable information for investors looking to capitalize on Argentina’s economic growth potential. In…

Investigation Uncovers Collusion Between Smartphone Giants and E-commerce Titans Amazon and Flipkart in India In a groundbreaking revelation, regulatory reports have exposed a collusion between smartphone giants like Samsung and Xiaomi with e-commerce behemoths Amazon and Flipkart in India. The Competition Commission of India (CCI) found that these companies violated antitrust laws by engaging in unfair practices such as exclusive product launches, preferential treatment for select sellers, and steep discounts that harmed other market players. The reports, totaling over 1,000 pages for Amazon and nearly 1,700 pages for Flipkart, reveal the extent of the collusion between these companies. The involvement…

Mexico’s Historic Judicial Reform: What Investors Need to Know In a groundbreaking move, Mexico has officially implemented a judicial reform that will allow voters to elect judges. This significant overhaul of the country’s courts is seen as a major legislative victory for President Andres Manuel Lopez Obrador, who championed the reform in his final weeks in office. The reform aims to better serve the interests of ordinary citizens, according to Lopez Obrador. However, critics argue that electing judges instead of appointing them could compromise the judiciary’s political independence and undermine investor confidence in the country. The constitutional changes were approved…