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Goldman, JPMorgan see India’s record IPO boom extending to 2026
Fundraising expected to hit US$25 billion in 2026, and for the next few years to reach above US$20 billion [MUMBAI] India’s proceeds from initial public offerings (IPO) in 2026 may…
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China A500 ETFs inflows surge to record high towards year-end
Investors buy 8.7 billion yuan worth of shares in seven of the largest basket funds INFLOWS to a group of exchange-traded funds (ETFs) tracking the CSI A500 Index surged to…
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Gold steady ahead of key US inflation data; silver near record highs
GOLD prices were steady on Thursday, supported by dovish Federal Reserve signals but restrained by a resilient dollar ahead of key US inflation data this week, while silver hovered near…
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Powerball Soars to $1.25 Billion After Record 43 Draws Without Winner
The Powerball jackpot has climbed to an estimated $1.25 billion after Monday night’s drawing produced no grand prize winner, marking a game record of 43 consecutive draws without anyone matching…
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Record Number of Americans Say Healthcare Is in Crisis Under Trump
A record 23% of United States adults now say the national healthcare system is in a state of crisis, according to newly released data from the West Health-Gallup Health and…
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Amazon European hub in Luxembourg braces for record job cuts
[PARIS] Amazon.com’s decision earlier this year to axe 14,000 employees around the globe is reverberating at the company’s European headquarters in Luxembourg. In the coming weeks, Amazon is expected to…
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Rupee hits record low, pressured by persistent outflows and NDF maturities
[MUMBAI] The Indian rupee slipped to an all-time low for the fourth consecutive session on Tuesday, pressured by dollar bids spurred by the likely maturity of positions in the non-deliverable…
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Gold edges higher on US rate outlook; silver dips but stays near record high
[BENGALURU] Gold prices edged higher on Tuesday (Dec 16), supported by expectations of a US interest rate cut in January, as investors awaited key jobs data due later in the…
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Gold rises on softer Treasury yields; silver steadies after record run
Investors are currently pricing in two rate cuts for next year, with this week’s non-farm payrolls report expected to provide further clues on the Fed’s policy path [BENGALURU] Gold rose…
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Planet Labs Soars 35% on Record Q3 and AI Boost
Planet Labs (NYSE:PL) shares soared 35% on Thursday after the company posted a record revenue and breakeven adjusted earnings for Q3. The company recorded a 33% rise in Q3 revenue…
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Gold clings to 7-week high as investors gauge Fed trajectory; silver near record peak
GOLD prices held near a seven-week high on Friday, supported by expectations of more interest rate cuts next year after the US Federal Reserve pushed back against hawkish market bets,…
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Asian markets track Wall Street record after Fed cut
ASIAN equities rose on Friday as investors tracked a record day on Wall Street in the wake of the Federal Reserve’s latest interest rate cut. The gains came despite renewed…
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US stocks: Dow, S&P 500 post record closes; Oracle drags on Nasdaq
THE S&P 500 and the Dow boasted record closing highs on Thursday as investors favoured financial stocks after a Federal Reserve policy update that was less hawkish than expected while the tech-heavy…
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Gold rises as a divided Fed cuts rates; silver hits record high
[BENGALURU] Gold prices rose on Thursday (Dec 11) after the US Federal Reserve cut interest rates, even as policymakers remained split on the outlook for further easing next year, while…
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Global airlines set for record US$41 billion net profit next year: Iata
[GENEVA] Global airline trade body Iata said on Tuesday the airline sector would post record profits next year despite ongoing supply-chain issues leading to slower aircraft deliveries and a delay…