Markets rally on bets Le Pen will fall short in French second round
The euro opened higher on Monday as the first round of French parliamentary elections indicated that Marine Le Pen's National Rally (NR) may not secure…
Cut taxes, let markets fix productivity crisis
Breadcrumb Trail LinksNewsElectric VehiclesEconomyBetter approach would be to cut taxes and let markets find the right solutions, says Conference Board of Canada Get the latest…
Markets look ahead: Global inflation data takes centre stage
The week will feature inflation readings from major economies, providing clues about the interest rate trajectory of central banks. ADVERTISEMENTMarket focus will be on inflation…
Where to find value in unrated credit markets
Breadcrumb Trail LinksInvestorThe next five years hold immense potential for investing in stressed and distressed creditsPublished Jun 23, 2024 • Last updated 55 minutes ago • …
Weekly Recap: European markets stabilise as French election approaches
European benchmarks pared some losses after a sharp selloff last week as investors navigated the political landscape ahead of the French parliamentary election. ADVERTISEMENTThe European…
Hyundai India’s IPO Filing Highlights Confidence In Surging India Markets
Hyundai’s IPO could top Life Insurance Corp.’s 2022 offering that raised a record $2.7 billion. The Hyundai India IPO that was announced earlier this year…
Hong Kong to keep stock market open during typhoons | Financial Markets
City leader John Lee says move will strengthen competitiveness of the Asian financial hub. Hong Kong is set to end its decades-long practice of shutting…
DBS Equity Capital Markets Head Art Karoonyavanich On A Decade Of Growth
Home Banking DBS Equity Capital Markets Head Art Karoonyavanich On A Decade Of Growth A 10-year veteran at DBS Bank, Karoonyavanich recently expanded his role…
Risk aversion prevails in markets amid French political uncertainty
Global markets shifted to a risk-off mode amid political uncertainties in France. As investor sentiment soured, haven assets saw a surge, while the euro and…
Asian Stocks Drop on Worries Over Global Risks: Markets Wrap
Breadcrumb Trail LinksPMN BusinessAsian stocks fell in early trading as concern over a political crisis in France fanned anxiety in global markets, while a flurry…
Weekly markets recap: European stocks sink on political jitters
Global markets were mixed this week as European stocks tumbled on political turmoil, while Wall Street hit a new high fueled by a tech rally.…
Fed rate decision: Implications on the European stock markets
European stock markets recoup most of their losses from earlier in the week following the release of US CPI data. Regional markets poised to open…
Fed holds US interest rate steady in June warning of just one possible cut this year
The policymakers' forecast for one rate cut was down from a previous forecast of three, because inflation, having cooled in the past two months, remains…
Selloffs deepen in French markets amid the political turmoil
For the third consecutive trading day on Tuesday, French stocks, bonds, and currencies continued to experience a selloff driven by political uncertainties. Analysts suggest that…
US stock market hits new record ahead of interest rates decision | Financial Markets
S&P 500 gains 0.3 percent ahead of US Federal Reserve’s latest decision on interest rates. The US stock market has hit record highs ahead of…
Analysts react to European election results and Macron’s surprise move
European assets face a risk-off session post-weekend's parliamentary elections. The euro saw the worst two-day performance against the dollar since February 2023. All European indices…
Nvidia’s market valuation tastier than Apple’s ahead of share split
Nvidia overtakes Apple in market cap, topping $3 trillion one day before the 10-for-1 share split commencement. ADVERTISEMENTThe AI powerhouse Nvidia saw its shares surge…
Asian Stocks Eye Higher Open After Fresh US Record: Markets Wrap
Breadcrumb Trail LinksPMN BusinessAsian equity markets are poised to gain Thursday after the world’s largest technology companies helped send US shares to fresh all-time highs.Author…
India election: Why Modi’s narrow win sent the stock market tumbling | Financial Markets
India’s stock market took its worst tumble in four years after Indian Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP) lost its parliamentary majority. The…
Asian Bonds to Track US Rally; Stocks Look Mixed: Markets Wrap
Breadcrumb Trail LinksPMN BusinessBonds are poised to climb in early Asia trading after Treasuries rallied on signs of a cooling US labor market that buoyed…