Warning

The Financial Conduct Authority (FCA) is warning traders about COPERATE-FINANCE, an unauthorized firm offering financial products or services. InfoFinance has just received the information and here are the details:<img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/b508f859989536cb6f84_2d757232a9.jpg" alt="b508f859989536cb6f84.jpg"><h2 style="text-align:justify;">Details of the Unauthorized Firm:</h2><ul><li>Name: COPERATE-FINANCE</li><li>Website:<a href="https://coperate-finance.org/">&nbsp;https://coperate-finance.org/</a> (Warning: This website may not be legitimate)</li><li>Address: 408 E, UNITED KINGDOM, NY 10017 (Warning: This address is likely fictitious)</li><li>Email: admin@coperate-finance.org (Warning: This email address may not be secure)</li></ul>Why You Should Be Cautious:<ul><li>Unauthorized firms are not regulated by the FCA. This means you have no recourse to the Financial Ombudsman Service if you have a complaint about the firm.</li><li>You are not protected by the Financial Services Compensation Scheme (FSCS). If COPERATE-FINANCE goes out of business, you are unlikely to get your money back.</li><li>Fraudulent firms often provide misleading information. This includes fake addresses, phone numbers, and email addresses. They may also impersonate legitimate companies to gain your trust.</li></ul>Remember: If you suspect a firm is operating without authorization or engaging in fraudulent activity, report it to the FCA.Disclaimer: This information is for general awareness only and does not constitute financial advice. You should always conduct your own research before making any financial decisions.<h2 style="text-align:justify;">Safe Trading with Info Finance</h2>If you have any complaints about the broker, follow these steps to submit a report to Info Finance for timely assistance&nbsp;Step 1: Visit the official website of Info Finance https://infofinance.com&nbsp;Step 2: Click on Report Broker/ Platform Complaints right on the website homepageStep 3: Click the Send Report tab to start reporting the problems you are experiencing.Thank you for reading the news with Info Finance. Don't forget to follow our fan page facebook.com/infofinance.official to update the latest news. Or if you need support during trading with the exchange, please visit infofinance.com to contact Info Finance via the portal- Support:&nbsp;CS@infofx.vn&nbsp;Hotline: 0904 096 829/ 0931 085 659&nbsp;

Infofinance Warning: COPERATE-FINANCE is an Unauthorized Firm


In recent years, complaints about the Caphouse trading platform have emerged, raising questions about the transparency and safety of this investment environment. In this context, InfoFinance has made every effort to address investor grievances, contributing to the construction of a fairer and safer financial market.<h1 style="text-align:justify;">Investment stories with Caphouse Trading Platform</h1>Instances of investors being defrauded on trading platforms are becoming increasingly common. One alarming example is the case involving the Caphouse trading platform. Mr. Nguyen Van A, an investor in Vietnam, shared his bitter experience when investing in this platform.Mr. A began depositing money into the Caphouse platform with assistance from advisor Khánh Ngọc. In two deposit transactions, the total amount invested by him was 74,750,000 VND. Subsequently, expert Mỹ Vân continued to assist him from November 6, 2023. Everything seemed smooth until November 14, 2023, when Mr. A had a profit of approximately 31,000 VND and decided to withdraw 20,000 VND.<figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/Thiet_ke_chua_co_ten_3_8a5ae98758.png" alt="Thiết kế chưa có tên (3).png"></figure>However, upon trying to withdraw, he received no response. Mỹ Vân requested that he deposit an additional 333,660,000 VND to pay the Bot fee - information that Mr. A had not been informed about from the beginning. Despite attempting negotiations and receiving a promise of a 5% reduction in the Bot fee, Mr. A still had to deposit a large amount. After depositing, he was again asked to trade more or deposit an additional 30% to withdraw money.Significantly, on November 15, 2023, when contacting customer support, he received a vague explanation and could not contact the experts who had previously assisted him. The group he had joined was also unexpectedly disbanded. Emails and calls to the platform's hotline went unanswered, with promises of processing within 24 to 48 hours, but to date, there has been no response from the Caphouse platform.<h1 style="text-align:justify;">InfoFinance handles receiving information and resolving complaints from investors</h1>In an effort to protect the rights of investors, InfoFinance has received and processed a series of complaints related to the Caphouse trading platform. Detailed information from investors has prompted us to take necessary measures to address the issue, safeguarding traders from fraudulent behavior and legal violations.<img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/Thiet_ke_chua_co_ten_5b7cf60463.png" alt="Thiết kế chưa có tên.png"><figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/Thiet_ke_chua_co_ten_1_8f3e96e6fa.png" alt="Thiết kế chưa có tên (1).png"></figure>By accessing and verifying information, InfoFinance has provided appropriate solutions to deal with the situation. Our intervention not only helps to effectively resolve complaints but also creates a safer and more transparent investment environment for the investor community.The success of InfoFinance is evidenced by receiving a thank-you email from an investor, affirming our ability to address complaints and the satisfaction of customers.<h1 style="text-align:justify;">Safe investment with InfoFinance</h1>If you have any complaints about trading platforms, please follow these steps to report to InfoFinance for timely support:Step 1: Visit the official website of InfoFinance<a href="https://infofinance.com/">&nbsp;https://infofinance.com/</a>Step 2: Click on the "Report Broker/Complain Platform" section on the homepage.Step 3: Click on "Send Report" to start reporting the issues you are facing.Thank you for following the news with InfoFinance. Don't forget to follow our fan page<a href="https://facebook.com/infofinance.official">&nbsp;https://facebook.com/infofinance.official</a> for the latest updates. If you need assistance during trading or working with the platform, please contact InfoFinance through the following channels:Support: CS@infofx.vnHotline 0904 096 829 / 093 1085 659

In recent years, complaints about the Caphouse trading platform have emerged, raising questions about the transparency and safety of this investment environment. In this context, InfoFinance has made every effort to address investor grievances, contributing to the construction of a fairer and safer financial market.

INFOFINANCE SUCCESSFULLY RESOLVES INVESTOR COMPLAINTS AGAINST CAPHOUSE TRADING PLATFORM

Gallen Capital, a name frequently mentioned in the investment community, but is this trading platform reliable? A series of warning signs have emerged, casting doubts on the transparency and trustworthiness of Gallen Capital. Info Finance has gathered evidence pointing towards the lack of transparency from this platform.<h2>Accusations Diminish Trust in Gallen Capital</h2>A significant number of investors have reported not receiving the promised profits from Gallen Capital. Many cases also highlight difficulties in withdrawing funds from their accounts, with some unable to do so altogether. These occurrences raise concerns about the transparency and reliability of this trading platform.<figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/pasted_image_0_11_8012b6efe3.png" alt="pasted image 0 (11).png"><figcaption>Link: <a href="https://www.facebook.com/groups/trade4youthanhtam/posts/896372225532821">https://www.facebook.com/groups/trade4youthanhtam/posts/896372225532821</a></figcaption></figure>Information about Gallen Capital on financial websites is also scarce and unclear. The lack of details about the management team, operating licences, and other specifics only adds to the suspicion.Given these indicators, the investment community should exercise caution when dealing with Gallen Capital. It's recommended to take preventive measures such as thorough research before investing, avoiding investing large sums without guarantees, and staying updated with news and reviews from reputable sources.It's important to note that protecting one's assets is always a top priority in the investment environment, and being cautious can help avoid unwanted risks. Gallen Capital may just be one of many examples of trading platforms that investors should carefully consider.<h2>Safe Investing with Info Finance</h2>Info Finance is committed to accompanying and listening to investors' experiences on their journey. With the aim of creating a "clean" investment community, Info Finance eagerly welcomes contributions from everyone to provide timely and accurate warnings to the community.If you have any complaints about a trading platform, follow these steps to report it to Info Finance for timely assistance: Step 1: Visit the official Info Finance website at <a href="https://infofinance.com/">https://infofinance.com/</a> Step 2: Click on the "Report Broker" or "Report Exchange" section right on the homepage. Step 3: Click on "Send Report" to start reporting the issues you are facing.Thank you for following news with Info Finance. Don't forget to follow the fan page <a href="https://facebook.com/infofinance.official">https://facebook.com/infofinance.official</a> to stay updated with the latest news. If you need support during trading or working with a platform, please contact Info Finance through the following channels: Support: CS@infofx.vn Hotline: 0904 096 829 / 0931 085 659 &nbsp;

Gallen Capital, a name frequently mentioned in the investment community, but is this trading platform reliable? A series of warning signs have emerged, casting doubts on the transparency and trustworthiness of Gallen Capital. Info Finance has gathered evidence pointing towards the lack of transparency from this platform.

Suspicion Surrounds GALLEN CAPITAL's Handling of Investors' Funds

iMarketLive is not authorized or licensed by the FCA to provide financial services to UK customers. The company claims to be based in Houston, Texas, USA, but the FCA has been unable to verify this information.Why you should be wary of iMarketLive<ul><li style="text-align:justify;">iMarketLive is not a legitimate company. The FCA has been unable to verify the company's existence or its claims to be regulated.</li><li style="text-align:justify;">Your money is at risk. If you deposit money with iMarketLive, you are at risk of losing it all. The company is not covered by the UK's Financial Services Compensation Scheme (FSCS), so you will not be able to claim compensation if you lose money.</li><li style="text-align:justify;">You will not be able to get help if you have a problem. If you have a problem with iMarketLive, you will not be able to get help from the FCA or the Financial Ombudsman Service.</li></ul><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/z5439472598410_6c4aa2511d419a4c29ca3a7c6c6a0223_b9cd1c9475.jpg" alt="z5439472598410_6c4aa2511d419a4c29ca3a7c6c6a0223.jpg"><h2 style="text-align:justify;">Unauthorised firm details</h2>Name: imarketlive (www.imarketlive.org)Address: 1000 Main St, 12th Floor, Houston, Texas 77002, UNITED STATES OF AMERICATelephone: +18563133297Email: support@imarketlive.orgWebsite: www.imarketlive.orgSome firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time.They may also give you details that belong to another business or individual, so the information looks genuine.<h2 style="text-align:justify;">How to protect yourself</h2>Only deal with authorized firms. You can check the FCA's Register to see if a firm is authorized. Do your research. Before you invest with any firm, make sure you understand the risks involved. You can read reviews of iMarketLive online, but be aware that some of these reviews may be fake. Never invest more money than you can afford to lose.<h2 style="text-align:justify;">Invest Safely with Info Finance</h2>If you have any complaints about a brokerage firm, follow these steps to submit a report to Info Finance for prompt assistance:Step 1: Visit the official Info Finance website at<a href="https://infofinance.com/">&nbsp;https://infofinance.com/</a>Step 2: Click on the "Report Broker/Complaint" tab on the website's homepage.Step 3: Click on the "Send Report/Submit Complaint" button to start reporting the issues you are facing.Thank you for following the news with Info Finance. Don't forget to follow our fan page at<a href="https://facebook.com/infofinance.official">&nbsp;https://facebook.com/infofinance.official</a> for the latest updates. If you need assistance with trading or working with a brokerage firm, please contact Info Finance through our support channels:Support: CS@infofx.vnHotline: 0904 096 829/ 0931 085 659

The UK Financial Conduct Authority (FCA) warns against iMarketLive, an unlicensed forex and CFD broker


FCA warns against iMarketLive, an unlicensed forex and CFD broker

In the perilous world of financial markets, seeking guidance from experienced individuals is paramount. In the realm of foreign exchange (forex), where both opportunities and risks abound, selecting a reliable source of information poses challenges. Mr.Pips has emerged as a name garnering attention from many novice investors. However, the question arises: is the content provided by Mr.Pips accurate, or is this merely one of the deceitful schemes prevalent in the forex market, requiring investors to exercise caution? Let's delve into the truth that investors need to know, with Info Finance.<h1 style="text-align:justify;">Who is Mr. Pips?</h1>The name Mr. Pips has become familiar to those seeking knowledge and guidance in investments. But who exactly is Mr. Pips? Born in 1994 in Vung Tau, Vietnam, Pho Duc Nam, a Forex expert, is widely known in the investment community under the alias Mr. Pips. He owns a TikTok channel and two Telegram channels, attracting thousands of followers.<figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/Thiet_ke_chua_co_ten_b1823ab9e7.png" alt="Thiết kế chưa có tên.png"></figure>This information isn't particularly surprising, as the content shared on Mr. Pips' platforms often focuses on flaunting wealth and women, primarily to attract the attention of newcomers to the market. This raises questions about the nature of the content provided by Mr. Pips and the reliability of this information in the financial realm.To verify the information and gain a better understanding of Mr. Pips' activities, you can refer to the following Telegram links:<a href="https://t.me/mrpiptrading">&nbsp;https://t.me/mrpiptrading</a> and<a href="https://t.me/mrpipstradingfx">&nbsp;https://t.me/mrpipstradingfx</a>. In a market that demands caution and risk management like forex, such verification becomes crucial for investors.<h1 style="text-align:justify;">Signs of "Scam" or "Chicken Bait" Tactics by Mr. Pips</h1>Within the community of Mr. Pips, several signs of scams and "chicken bait" tactics have been detected. Mr. Pips' ostentatious displays of wealth are often seen as the epitome of "chicken baiting," with the slogan "Follow the channel to change your life with Mr. Pips." However, the actual effectiveness of following Mr. Pips' advice is not proven through successful cases. In fact, many participants in Mr. Pips' groups fail to see the wealth he promises.<figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/Thiet_ke_chua_co_ten_1_3b38470db9.png" alt="Thiết kế chưa có tên (1).png"></figure>There are numerous indications that Mr. Pips is not merely a "dream-rich" individual but also someone capable of luring others into suspicious forex trading platforms. This raises questions about the authenticity and credibility of the content he shares, as well as the true motives behind his activities.Mr. Pips' Facebook group has also become a focal point for those wishing to share their information and experiences about him. Additionally, some individuals have committed to further clarifying Mr. Pips' background and sharing his personal information to reveal the truth behind his public image. This demonstrates the determination of certain individuals to ensure transparency and fairness in the financial market.All the signs and information presented underscore the importance of exercising vigilance and risk control in financial investments, especially in the forex sector. Investors need to independently grasp and evaluate all sources of information, avoiding being drawn in by promises of quick profits without thorough research.In this context, learning from reliable sources and utilizing risk control tools are key to achieving success in the forex market while steering clear of scams and low-quality content such as Mr. Pips' group.&nbsp;

In the perilous world of financial markets, seeking guidance from experienced individuals is paramount. In the realm of foreign exchange (forex), where both opportunities and risks abound, selecting a reliable source of information poses challenges. Mr.Pips has emerged as a name garnering attention from many novice investors. However, the question arises: is the content provided by Mr.Pips accurate, or is this merely one of the deceitful schemes prevalent in the forex market, requiring investors to exercise caution? Let's delve into the truth that investors need to know, with Info Finance.

Mr. Pips' Dirty Content or Forex Scam Tactics - The Truth Investors Need to Know!

There are red flags that TRUST CAPITAL FINANCE could be a scamNot Regulated: The Financial Conduct Authority (FCA), the financial regulator in the UK, has warned that TRUST CAPITAL FINANCE might be offering financial services without their permission. This lack of regulation is a major concern. You can find this information on the FCA's website&nbsp;Similar Scam Names: There have been other scams with similar names, like "Capital Financial Trust" which was flagged for advance fee fraud.<h2 style="text-align:justify;">Info Finance's tips for staying safe:</h2><ul><li>Only Use Regulated Firms: Always check if a financial firm is registered with a reputable regulator before giving them your money.</li><li>Don't Be Pressured: Scammers often try to pressure you into investing quickly. Take your time and do your research before making any decisions.</li><li>If in Doubt, Don't Invest: If something sounds too good to be true, it probably is.</li><li>Look up your trusted broker at <a href="infofinance.com ">infofinance.com&nbsp;</a></li></ul>I can't provide news articles directly, but searching for "TRUST CAPITAL FINANCE scam" might turn up relevant results.<h2 style="text-align:justify;">Unauthorised firm details</h2><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/screenshot_1714982654_bda79af83e.png" alt="screenshot_1714982654.png"><ul><li>Name: TRUST CAPITAL FINANCE</li><li>Address 54 Foregate Street, Coate, UNITED KINGDOM</li><li>Email: support@trustcapitalfin-invest.site</li><li>Website: www.trustcapitalfin-invest.site</li></ul>Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time.They may also give you details that belong to another business or individual, so the information looks genuine.What this means for you: If you deal with this firm, you won't have access to the Financial Ombudsman Service if you have a complaint. You also won't be protected by the Financial Services Compensation Scheme (FSCS) if things go wrong. This means it's unlikely you'd get your money back if the firm goes out of business.<h2 style="text-align:justify;">Safe Trading with Info Finance</h2>If you have any complaints about the broker, follow these steps to submit a report to Info Finance for timely assistance&nbsp;Step 1: Visit the official website of Info Finance https://infofinance.com&nbsp;Step 2: Click on Report Broker/ Platform Complaints right on the website homepageStep 3: Click the Send Report tab to start reporting the problems you are experiencing.Thank you for reading the news with Info Finance. Follow our fan page facebook.com/infofinance.official to update the latest news. Or if you need support during trading with the exchange, please visit infofinance.com to contact Info Finance via the portalSupport:&nbsp;<a href="mailto:CS@infofx.vn">CS@infofx.vn</a>&nbsp;Hotline: 0904 096 829/ 0931 085 659&nbsp;

There are red flags that TRUST CAPITAL FINANCE could be a scam

Tedex is just another scam broker. According to the website, this firm is owned and operated by Vermillion Consulting LLC. The company registration number is displayed and the address is registered in St. Vincent and the Grenadines. So far things look transparent, but let’s look into Tedex review a bit deeper:<figure class="table" style="width:88.63%;"><table class="ck-table-resized"><colgroup><col style="width:36.07%;"><col style="width:63.93%;"></colgroup><tbody><tr><td>Broker status:</td><td>&nbsp;Offshore Broker</td></tr><tr><td>Regulated&nbsp;by</td><td>&nbsp;Unlicensed Scam Brokerage</td></tr><tr><td>Scammers Websites:</td><td>&nbsp;tedex.co</td></tr><tr><td>Blacklisted as a Scam by</td><td>CNMV, FSMACNMV</td></tr><tr><td>Owned by</td><td>Vermillion Consulting LLC</td></tr><tr><td>Headquarters Country</td><td>Vermillion Consulting LLC - St. Vincent and the Grenadines (not confirmed detail adress)</td></tr><tr><td>Supported Platforms:&nbsp;</td><td>Web-Based</td></tr><tr><td>Cryptocurrencies:&nbsp;</td><td>Not Available</td></tr><tr><td>Free Demo Account:</td><td>No</td></tr><tr><td>Maximum Leverage:&nbsp;</td><td>1:300 with minimum deposit from 250 USD</td></tr></tbody></table></figure><h2 style="text-align:justify;">Is Tedex a Broker With a Good Reputation?</h2>Tedex is an offshore-based trading firm. The fact its headquarters are in Saint Vincent and the Grenadines puts the regulation in question. SVG is the only country without Forex and CFD regulators. Instead, brokers are directed to obtain a license in the country where they provide services. After we’ve checked several Tier 1 authorities, including FCA, ASIC, BaFin, CONSOB, and more, we found nothing.Unlicensed brokers can never provide fund safety. These brokerages have no compensation funds, negative balance protection, and don’t keep your money in reputable banks. In fact, they can disappear with the cash at any time, and you will have nowhere to file a complaint. Beware.<h2 style="text-align:justify;">Is Tedex a Decent Broker or a Scam?</h2>Tedex is an unlicensed, offshore broker that claims to be based in St. Vincent and the Grenadines. The broker was publicly exposed by the Spanish CNMV and Belgian FSMA.<figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/Tedex_Warning_by_CNMV_6ca36703ad.jpeg" alt="Tedex-Warning-by-CNMV.jpeg"><figcaption>Warning From The Spanish Financial Authority CNMV For Tedex</figcaption></figure>You can find the warning that says that tedex.co is not authorized to provide investment services. The main regulatory body of Spain is strongly advising you not to do any business with this company because there is a great possibility that you will end up as a victim of fraud. This warning was later republished by the Belgian FSMA, after numerous complaints.<h2 style="text-align:justify;">Is Tedex.co a Regulated Company?</h2>The company is not regulated and no one can overlook their activities. This broker is not listed under any financial body of authority such as FCA, ASIC, BaFin, or any other. This is a very bad situation for the client but it makes a perfect opportunity for the scam broker to take your money and disappear.In the financial market regulation of the company is a safety shield. This means that regulations provide several measures that are very protective of the client’s funds. Every company that is licensed must keep their funds segregated from clients’ funds, they must have negative balance protection and compensational funds, etc. That is why you shouldn’t overlook this information and before you start trading always do the research!&nbsp;

Tedex Reviewed By InfoFinance – Reasons Why You Should Avoid This Broker

Exchanges

Tokyo stocks ended mixed Friday in a tug-of-war between bargain-hunting in bank and other oversold stocks, and selling on weakened sentiment following pullbacks on Wall Street overnight.<figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/R_d116c502d7.jfif" alt="R.jfif"></figure>The 225-issue Nikkei Stock Average ended down 132.88 points, or 0.34 percent, from Thursday at 38,787.38. The broader Topix index finished 8.08 points, or 0.30 percent, higher at 2,745.62.On the top-tier Prime Market, gainers were led by bank, electric power and gas, and transportation equipment shares. The main decliners were precision instrument, miscellaneous product, and chemical issues.The U.S. dollar rose to the upper 155 yen range in Tokyo on prospects of a wider interest rate differential between Japan and the United States after long-term U.S. Treasury yields rose overnight.The yen was additionally sold after the Bank of Japan said Friday it would not change its regular operation purchase amount of Japanese government bonds after unexpectedly reducing the amount earlier this week.Stocks started the day weak, taking their cues from falls on Wall Street overnight. All three major U.S. indexes closed lower on concerns over an overheated market after the Dow Jones topped the 40,000 line for the first time, analysts said.The market, however, found support as investors bought back oversold stocks and sought companies that had recently reported positive earnings results or favorable shareholder returns.Among such issues, banking shares drew buying after Japan's major financial groups released upbeat earnings and projections on Wednesday."There is a significant sense that the market is undervalued at its current levels. The performance of banks, in particular, appears to be relatively strong amid the overall uncertainty about earnings this season," said Makoto Sengoku, senior equity market analyst at the Tokai Tokyo Intelligence Laboratory Co.

Tokyo stocks ended mixed Friday in a tug-of-war between bargain-hunting in bank and other oversold stocks, and selling on weakened sentiment following pullbacks on Wall Street overnight.

Tokyo stocks end mixed on bargain-hunting, Wall St. pullbacks

Market

SINGAPORE (Reuters) - Asian stocks inched lower on Friday as traders pondered the near term U.S. monetary policy path after Federal Reserve officials suggested that interest rates may need to stay higher for longer even as inflation shows early signs of easing.Data on Wednesday showed cooling U.S. consumer price inflation, prompting markets to swiftly price in at least two rate cuts this year but the excitement soon fizzled out as the latest report showed the labour market remains tight, while central bankers were still cautious about inflation.<figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/521a7c728a582c73ee36a499de00c2a0_f702cc92f2.webp" alt="521a7c728a582c73ee36a499de00c2a0.webp"></figure>Traders are pricing in 47 basis points of easing this year from the Fed, with a rate cut in November fully priced in.MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.14% after touching a two-year high on Thursday. The index was still set for an increase of 2.6% this week for its fourth straight week of gains.Japan's Nikkei fell 0.48%, while China stocks grinded higher, with the blue chip gauge gaining 0.15% in early trading.Hong Kong's Hang Seng Index was the bright spot for Asia, rising 0.77% and touching its highest since August 2023."Following the incremental softening of the U.S. data, this is probably as far as the risk rally can go in the absence of tier-1 data over the coming week," said Nicholas Chia, Asia macro strategist at Standard Chartered.While the data this week offered the Fed good news on two fronts, policymakers haven't openly shifted views yet about the timing of rate cuts investors are convinced will start this year.Monetary policy is "restrictive" and "is in a good place," Federal Reserve Bank of New York President John Williams said. "I don't see any indicators now telling me ... there's a reason to change the stance of monetary policy now."Data on Thursday showed the number of Americans filing new claims for jobless benefits fell last week, indicating that labour market conditions remain fairly tight even as job growth is cooling.Overnight, the Dow rose as high as 40,051.05 while the S&amp;P 500 and Nasdaq also hit record highs before gradually losing steam and finishing slightly lower on the day. [.N]In the currency markets, the dollar headed for its largest weekly fall versus the euro in 2/1-2 months. The euro is up roughly 1% against the dollar and was last at $1.08595. [FRX/]The yen weakened 0.23% to 155.80 per dollar in early trading, giving back some of the gains it made after the mild U.S. CPI report earlier in the week.The Japanese currency has fallen around 9.5% this year as the Bank of Japan has kept monetary policy loose while higher U.S. interest rates have drawn money towards U.S. bonds and the dollar.Tokyo is suspected to have intervened on at least two days in late April and early May to support the yen after it tumbled to lows last seen more than three decades ago.The yen has been particularly sensitive to any widening of the interest rate differential."While the weaker U.S. data should benefit low-yielders like the yen, the recent price action suggests the Japanese authorities may have more to do beyond verbal jawboning if they intend to keep speculators at bay," Standard Chartered's Chia said."Paring back bond purchases and further rate hikes in the second half of 2024 may be inevitable if the authorities are serious about pushing the dollar-yen pair lower."The BOJ on Friday kept the amounts unchanged at a regular bond buying operation, after unexpectedly reducing purchases of bonds with 5-10 years left to maturity at the start of the week.In commodities, oil prices rose in Asian trading hours, with global benchmark Brent set for its first weekly increase in three weeks on signs of improving global demand and slowing inflation in top oil consumer the United States. [O/R]U.S. crude was little changed at $79.18 a barrel and Brent was 0.1% higher at 83.35 per barrel.Gold prices were last at $2,377.25 per ounche. [GOL/]

SINGAPORE (Reuters) - Asian stocks inched lower on Friday as traders pondered the near term U.S. monetary policy path after Federal Reserve officials suggested that interest rates may need to stay higher for longer even as inflation shows early signs of easing.

Asian stocks ease on uncertainty over timing of U.S. rate cuts

Walmart (WMT) wowed Wall Street yet again, causing the stock to jump as much as 7% in early trading Thursday.For its fiscal 2025 Q1, America's biggest retailer posted revenue of $161.51 billion, higher than the $159.58 billion expected, while adjusted earnings per share also came in higher at $0.60, compared with estimates of $0.53.<figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/BB_1mr7_LH_55024b3c92.jpg" alt="BB1mr7LH.jpg"></figure>"Customers are continuing to come to Walmart for not only just value but also convenience," Walmart CFO John David Rainey told Yahoo Finance. "We see that wallets are still stretched, they're [customers] still looking for value."In a call with investors, CEO Doug McMillon said: "The momentum we see across the business is driven by growth in units sold and transaction counts as well as market share gains, including in general merchandise. These are not inflation-driven results."&nbsp;Total US same-store sales increased 3.9% year over year, led by growth from Sam's Club, up 4.4%, as Americans sought out deals on grocery items. The wholesale retailer reached a record high level for member counts and plus members, resulting in membership income growth of more than 13%.Its namesake stores saw same-store sales grow 3.8%, boosted by customers going more frequently, though ticket size was flat. The company alluded that it was gaining market share among upper-income households.Global e-commerce sales leaped 21%, boosted by store pickup and delivery as well as its online marketplace.These results come as the company plans to cut hundreds of jobs and asked employees to relocate to its headquarters in Bentonville, Ark., the WSJ reported on Tuesday.Walmart is the largest US employer, with 1.6 million US workers.During the quarter, the company also conducted a stock split for the 12th time in 50 years. Its shares are up 13.9% this year, outperforming the S&amp;P 500's (^GSPC) 10% gain.Ahead of the report, UBS analyst Michael Lasser wrote that "the stock has room to run" in a note to clients. He added that Q1 should demonstrate "further evidence that the stock fits well with what the market is looking for right now, a consistent business that is more insulated from ongoing macro pressures than the rest of the pack.""Walmart is in a double tailwind position to gain both low- and high-end consumers over the coming years," Deutsche Bank analyst Krisztina Katai told Yahoo Finance over the phone prior to the report.HSBC analyst Daniela Bretthauer called the stock a top pick ahead of the report."The future of grocery shopping is becoming increasingly omnichannel, and Walmart is America's largest grocer," Bretthauer told Yahoo Finance. "You have a big player online, which is Amazon, but in groceries ... Walmart has a big advantage."Merchandise sales dropped in the low single digits, consistent with the last three quarters. But US grocery sales increased in the mid-single digits, driven by selling more fresh foods and private brand items, Stifel managing director Mark Astrachan wrote in a note to clients following results.The company benefits from its pricing power and economy scale, as well as tech investments and its $9 billion store makeovers.&nbsp;Recently, the company introduced a new private label brand named bettergoods, which offers higher quality, trendier items priced from under $2 to under $15.Its lucrative ad business is also boosting its top line, boasting a 24% increase in global sales, and a 26% jump in US sales.Its subscription business, Walmart+, also grew by double digits, as CEO McMillon said members engaged more frequently and spent more than other customers.Earnings breakdown Here's what Walmart reported in its fiscal year 2025 first quarter, compared to Wall Street estimates compiled by Bloomberg:Revenue: $161.51 billion versus 159.58 billionAdjusted earnings per share: $0.60 versus $0.53Overall same-store US sales growth: 3.9% versus 3.42%Walmart US same-store sales growth: 3.8% versus 3.45%Traffic: 3.8% versus 3.17%Ticket growth: Flat versus 1.32%Sam's Club US same-store sales growth: 4.4% versus 3.3%Walmart US e-commerce growth: 22% versus 13.33%For the full fiscal year 2025, the company expects net sales to grow on the higher end of 3% to 4% and for operating income to grow on the higher end of 4% to 6%."We will revisit our full-year guidance as we exit [the] second quarter. This is more aligned with our historic cadence of updates, and consistent with the philosophy we have as a management team to recognize early momentum, but to also maintain prudence early in the year given the macro uncertainty and so much of the year is still ahead of us," Walmart CFO John David Rainey said on a call with investors following fiscal year 2025 Q1 results.

Walmart (WMT) wowed Wall Street yet again, causing the stock to jump as much as 7% in early trading Thursday.  For its fiscal 2025 Q1, America's biggest retailer posted revenue of $161.51 billion, higher than the $159.58 billion expected, while adjusted earnings per share also came in higher at $0.60, compared with estimates of $0.53.

Walmart stock pops after earnings beat, retailer surpasses $500 billion in market cap

In the fable "Ali Baba and the 40 Thieves," the eponymous hero gains access to a cave full of riches by uttering the phrase "open sesame."Jack Ma, co-founder of Alibaba &nbsp;(BABA) &nbsp;liked the story so much that he named a Chinese e-commerce giant after the hero of the story."Alibaba is a kind, smart businessperson," Ma said in a 2006 interview. "Alibaba opens sesame for small- to medium-sized companies."Unfortunately, we live in a world that is somewhat short of magic, and riches are not easy to come by.Alibaba&nbsp;has been facing some challenges lately as the company contends with economic headwinds and other pressing issues.For one thing, China's economy has only slowly recovered from the Covid-19 pandemic.A McKinsey &amp; Co.&nbsp;report found that consumer sentiment in China continues to slump as "consumers prefer to sock their cash away in the bank rather than spend it.""While several macroeconomic indicators are pointing in a promising direction, there are a number of areas that are still cause for considerable concern, foremost of which is the continued slump in consumer and business sentiment," the report said.The McKinsey report said last year's collapse in property transactions was a big factor behind the drop in confidence.The study also said that a 5% decline in exports in 2023, zero growth in fixed asset investment by privately owned companies, and double-digit youth unemployment are other key factors driving a reduction in consumer spending and investment.<figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/How_To_Be_Successful_In_Life_And_Business_According_To_Jack_Ma_00dfa3cc06.jpg" alt="How To Be Successful In Life And Business, According To Jack Ma.jpg"></figure><h2 style="margin-left:0px;text-align:justify;">Alibaba CEO Wu says, 'we are returning to growth'</h2>"While early consumption data for the first two months is promising, the verdict is still out on what this means for the remainder of the year," the report said.The Chinese property sector crisis is facing a financial crisis sparked by the 2021 default of Evergrande Group.Related: Analyst reboots Palo Alto Networks stock price target ahead of earningsEvergrande and other Chinese property developers experienced financial stress in the wake of overbuilding and subsequent new Chinese regulations on their debt limits.China is reportedly considering buying up millions of unsold properties as part of a radical plan to tackle the problem, according to Bloomberg.Meanwhile, Alibaba announced in 2023 that it would split into six business groups, each with the ability to raise outside funding and go public. The company said the move was&nbsp;“designed to unlock shareholder value and foster market competitiveness.”In November, Alibaba said that it would not proceed with the spinoff of its Cloud Intelligence Group, declaring that U.S. chip export curbs have “created uncertainties" for the group's prospects.The company reported fourth-quarter earnings on May 14. It beat revenue forecasts but posted an 86% drop in earnings.Revenue totaled 221.9 billion yuan, or $30.7 billion, compared with 219.66 billion yuan expected.Net income attributable to ordinary shareholders was 3.3 billion yuan, or about $457.14 million, down 86% year over year.Shares initially fell upon the news but have since recovered some losses."Starting in 2024, we've seen a rapid increase in customer demand for AI," CEO Eddie Wu told analysts. "It has also stimulated growth and demand for traditional cloud computing needs, including general computing storage and big data."Therefore, Wu added, "We are actively investing in our cloud computing product matrix, especially in AI infrastructure, to capture the monumental opportunities."Wu said the quarter’s results demonstrate that “our strategies are working, and we are returning to growth.”"Our China and international commerce businesses realized double-digit year-over-year gross merchandise value (GMV) growth through our focus on the customer experience," he added.<figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/51e06b32c6aa9bfd2d3b4887aa4a24ba_8f1fcc2a05.webp" alt="51e06b32c6aa9bfd2d3b4887aa4a24ba.webp"></figure><h2 style="margin-left:0px;text-align:justify;">Analyst sees 'encouraging quarter' for Alibaba</h2>In response to the earnings announcement, several analysts adjusted the stock price targets for Alibaba.Truist analyst Youssef Squali lowered the firm's price target to $110 from $113 and kept a buy rating on the shares.The company's fourth-quarter results showed good operational execution against an improving macro. Gross merchandise volume and orders at the e-commerce platforms Taobao and Tmall Group returned to double-digit growth, and there are prospects for double-digit growth in Cloud in the second half of FY2025.Squali said he also continues to view FY2025 as an "investment year," which should keep Alibaba's margins in check over the near term, the analyst tells investors in a research note.HSBC raised its Alibaba stock price target to $115 from $114, keeping a buy rating on the shares.The company reported an improved gross merchandise volume outlook, but monetization will take longer, the analyst tells investors in a research note. The firm said Alibaba remains committed to shareholder return.Mizuho lowered the firm's price target on Alibaba to $92 from $95 and kept a buy rating on the shares.The company reported an "encouraging quarter" as gross merchandise volume accelerated due to the demand elasticity of price discounts, and China commerce margin was on track despite facing a mix shift to a lower-priced platform, the analyst told investors in a research note.However, the firm says Alibaba's consolidated EBITA was soft due to long-term investments in international businesses and Cainiao Smart Logistics Network.Citi analyst Alicia Yap lowered the firm's price target on Alibaba to $122 from $124 and kept a buy rating on the shares following the fiscal fourth-quarter report.The analyst sees the company's initial positive progress demonstrated by a reacceleration of growth led by its strategic reinvestment and "undemanding valuation" as further supported by its "solid" shareholder return policy.

In the fable "Ali Baba and the 40 Thieves," the eponymous hero gains access to a cave full of riches by uttering the phrase "open sesame."

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