World Finance Updates

① International oil prices have fallen 18% from their early-March high, and U.S. gasoline prices have followed suit. But Trump claims he has asked the Department of Justice to investigate price gouging by oil companies. ② There are signs that the Strait of Hormuz is resuming traffic, but returning to normal navigation will still take

The South Korean government is in discussions with Samsung Electronics and SK Hynix regarding plans for the next phase of large-scale investment in semiconductor production facilities. During the meeting, South Korean authorities also requested that the two companies accelerate the construction progress of existing new chip factories. The South Korean government is considering the Hamgyong

Regularly compiles ratings and target prices for US stocks and China concept stocks from various brokerages. June 24 News: The following are the latest ratings and target prices for US stocks from various brokerages: CICC maintains an Outperform industry rating for Snowflake Inc (SNOW.N) with a target price of $280: AI-driven revenue growth is accelerating,

① On Tuesday, GameStop CEO Ryan Cohen rejected a $35 billion compensation plan and stated he would focus on acquiring eBay. ② Cohen had proposed a $56 billion cash-and-stock acquisition of eBay, which was rejected by the other party, mainly due to uncertainties in the financing plan, operational risks, and corporate governance issues. ③ GameStop

Data shows that Dubai has ranked first among global preferred destinations for greenfield foreign direct investment (FDI) projects for the fifth consecutive year. The share of Dubai’s greenfield FDI projects in the global total climbed to 7%, the highest level in Dubai’s history. Greenfield investment, simply put, refers to a multinational company building a new