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…
GameStop stock jumps as ‘Roaring Kitty’ shows big bet in Reddit post | Financial Markets News
Keith Gill, or ‘Roaring Kitty’, shared a screenshot on Reddit that showed he may hold five million shares of GameStop. Shares of GameStop soared once…
Asian Stocks Poised to Fall; Treasury Yields Sink: Markets Wrap
Breadcrumb Trail LinksPMN BusinessAsian shares are set to dip on Tuesday, following a listless US session where the main focus was the bond market’s sudden…
Asian Stocks Eye Early Gains as Rate Cut Bets Firm: Markets Wrap
Breadcrumb Trail LinksPMN BusinessAsian stocks are set to gain in early trading, following US peers on Friday, as expectations for Federal Reserve rate cuts were…
Trump Media shares plunge after Donald Trump convicted in hush-money trial | Financial Markets
Shares fall as much as 15 percent after former president is found guilty on all 34 counts. Shares of Trump Media & Technology Group, Donald…
Report: Los Angeles still owns film and TV despite rival markets
Los Angeles’ portion of the domestic film and TV economy shrank last year amid devastating industry struggles, but it remains by far the most powerful…
Live updates: BHP/Anglo deal off, market digests hot inflation data
It's over. The world's biggest miner BHP has walked away from a potential takeover deal for Anglo American, declining to make a firm offer after…