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Goldman Sachs Hikes S&P 500 Outlook, Citing Rate Cut Hopes and Large-Cap Momentum

South Korea’s LG Energy Solution Reports 152% Rise in Q2 Operating Profit Despite Declining Revenue

World’s Largest Climate Fund Invests $1.2 Billion to Protect Vulnerable Countries

Goldman Sachs Hikes S&P 500 Outlook, Citing Rate Cut Hopes and Large-Cap Momentum

The Business PinnacleJuly 8, 202505 views

Goldman Sachs increased its prediction for the index’s six-month return from its previous estimate of 6,100 to +6%, predicting a year-end level of 6,600. Goldman Sachs has increased its three-,…

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South Korea’s LG Energy Solution Reports 152% Rise in Q2 Operating Profit Despite Declining Revenue

The Business PinnacleJuly 7, 2025013 views

LG Energy Solution reports an operating profit of 492 billion won for the April-June period. South Korea’s LG Energy Solution (LGES), the second largest producer of EV batteries and supplier…

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World’s Largest Climate Fund Invests $1.2 Billion to Protect Vulnerable Countries

The Business PinnacleJuly 4, 2025017 views

The Green Climate Fund (GCF) has authorized more than USD 120 million in new funding to improve climate resilience in Mauritania, Ghana, and the Maldives. The world’s largest multinational climate…

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Visa And Mastercard Face Threat Of Erasure As Stablecoins Gain More Traction 

The Business PinnacleJuly 3, 2025022 views

US businesses paid a staggering $187 billion in swipe fees, mostly driven by Mastercard and Visa cards. Stablecoins are now posing a threat to these traditional services, with their potential…

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Intel CEO Rethinks Chip Manufacturing Plans in Bid to Win Apple, Nvidia

The Business PinnacleJuly 2, 2025021 views

The CEO wanted to concentrate more resources on 14A, a next-generation chipmaking process where Intel hopes to outperform TSMC. Intel’s new CEO is considering a big change to its contract…

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Bankers on Edge about New World Development $11 Billion Loan Deal

The Business PinnacleJuly 1, 20250113 views

After years of aggressive debt-driven growth, New World has faced continuous challenges amid the real estate recession in Hong Kong and mainland China. Hong Kong builder New World Development is…

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Google’s Emissions Jumped 51% As AI Data Centres Push Up Demands Hindering Green Energy Goals 

The Business PinnacleJune 30, 2025034 views

Google’s year-on-year electricity consumption surged 27%, indicating its inability to decarbonise as its energy needs are soaring.  Countries and private companies alike are in a race to develop their artificial…

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Japanese Companies Lead Asia M&A Wave With $232 Billion in Deals

The Business PinnacleJune 27, 2025040 views

LSEG data indicate that the value of deals involving Japanese companies increased threefold in the first half, and the value of M&A in Asia reached $650 billion, more than double…

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Why China’s $1.3 Trillion Fund Giant Quietly Exits from Wall Street

The Business PinnacleJune 26, 2025040 views

The US administration has put strict barriers on China’s funds, keeping CIC off a list of foreign investors and limiting Chinese investment in technology, energy, and healthcare. For many years,…

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Investors Go Euphoric as Hong Kong IPO Hits Jackpot With 30% Return

The Business PinnacleJune 25, 2025046 views

Hong Kong stocks went to month-highs in anticipation that the Federal Reserve would reduce interest rates due to a decline in global oil prices. Ever since the Hong Kong IPO…

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