South Africa’s Kganyago Sticks with Hawkish Tone on InflationS&P Warns of EM Company Defaults With $47 Billion Due AnnuallyUkraine Recap: Russia Launches Drones; Biden Plans Speech on AidOil Steadies After Tumbling Almost 6% on Rising Demand RisksPhilippine Inflation Quickens to 4-Month High as Rice Costs SoarFood Inflation Is Still High Around the WorldAfrica’s Top Lender Names Vilakazi as Its First Female CEOOil Subsidy Rollback Set to Help Region-Beating Malaysian BondsSri Lanka Cuts...
1 per cent in September as higher rates biteHow rate hikes have sparked debate on the causes of inflation and how to fight itFrequent price increases by businesses contributing to sticky inflation: BoC officialThis is the Canadian city where rental affordability has worsened the most70% chance of a soft landing, former Bank of Canada governor saysThe Daily Chase: Laurentian Bank names new CEO; First Q4 trading dayHomeowners brace for mortgage payment shock amid higher-for-longer rate...
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TikTok parent company sees significant valuation decline from 2022ByteDance's — the parent company of the social media app TikTok —valuation has reportedly dropped over 25% year-over-year. After seeing exponential growth over the past three years, ByteDance's revenue has slowed, due in part to increased competition from Meta’s (META) Instagram Reels and YouTube Shorts (GOOG, GOOGL). Yahoo Finance Tech Editor Dan Howley reports on ByteDance's valuation slump and ongoing discussions surrounding TikTok's regulation in the U.S. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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