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US: Wall Street retreats from record closing highs as economic worries mount
Bitcoin-related stocks have reversed on Monday’s gains as the cryptocurrency backed away from record highs [NEW YORK] US stocks closed lower on Tuesday (Oct 7) as investors, deprived of economic…
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Asia: Tokyo stocks hit new record as markets extend global rally
JAPANESE stocks hit another record on Tuesday, building on the previous day’s surge following the election of a pro-stimulus advocate to lead the country’s ruling party, while gold also pushed…
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Tokyo Stocks Hit New Record As Asian Markets Extend Global Rally
Japanese stocks hit another record Tuesday, building on the previous day’s surge following the election of a pro-stimulus advocate to lead the country’s ruling party, while gold also pushed to…
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Tokyo: Nikkei surges to record after election win by fiscal dove Takaichi
[TOKYO] Japan’s Nikkei share gauge surged past the 46,000 level for the first time on Monday after fiscal dove Sanae Takaichi was elected to lead the ruling party and become…
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Foxconn’s third-quarter revenue hits record, misses market forecast
[TAIPEI] Taiwan’s Foxconn, the world’s largest contract electronics maker, reported record third-quarter revenue on strong demand for artificial intelligence (AI) products, though it missed the market forecast and offered caution…
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Bitcoin rises to a record as ‘debasement’ trade spurs risk rally
BITCOIN set another all-time high as a broader risk rally around the US government shutdown buoyed the world’s largest cryptocurrency. The token climbed to as high as US$125,689 on Sunday…
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US: Dow, S&P 500 manage record closing highs; Nasdaq falls in volatile session
[NEW YORK] The S&P 500 eked out a record closing high in a volatile session Friday, with interest rate-cut expectations holding up as the US government shutdown went on for…
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Europe: Stocks close at record high on tech rally, hopes for Fed rate cut
Investors are also watching any developments related to the US government shutdown [BENGALURU] European shares closed at a record high for a second session on Thursday (Oct 2), driven by…
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Tesla sales surge to record on rush to snag US tax credit
The deliveries tally offers a preview of the earnings results the company will report Oct 22 [WASHINGTON] Tesla reported a surprise increase in quarterly vehicle sales as US consumers accelerated…
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US: S&P 500, Nasdaq hit intraday record highs as rate-cut hopes trump shutdown jitters
[NEW YORK] The S&P 500 and the Nasdaq hit intraday record highs at market open on Thursday (Oct 2), on the back of renewed expectations for interest rate cuts, while…
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Gold’s record rally pauses as US dollar ticks up
The US government has shut down much of its operations, potentially putting thousands of federal jobs at risk [BENGALURU] Gold eased on Thursday (Oct 2) from the record high hit…
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Europe: Shares close at record high as healthcare outperforms; US shutdown in focus
[BENGALURU] Europe’s Stoxx 600 closed at a record high on Wednesday (Oct 1), with healthcare stocks leading the way after a US-Pfizer deal reduced uncertainty in the sector, while investors…
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UK Business Confidence Falls to Record Low as Costs Surge
KEY POINTS IoD survey shows business confidence at record low in September IoD calls on Chancellor Reeves for growth-focused November budget Labour and energy costs top list of concerns for…
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Gold hovers near record high on US shutdown concerns, Fed rate outlook
The metal has hit multiple record highs this year, with the latest one being US$3,871.45, hit on Sep 30 [BENGALURU] Gold prices edged higher on Wednesday (Oct 1), hovering near…
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Gold hits record high on US shutdown risks, rate-cut bets
[BENGALURU] Gold hit a record high on Wednesday (Oct 1) as investors turned to safe-haven assets on growing risks of a US government shutdown, while weak labour data strengthened expectations…