Street
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Asia: Markets track Wall Street records after Powell hints at rate cut
ASIAN stocks on Thursday tagged along with a Wall Street rally that saw another round of record highs as bets on a September interest rate hike surged following comments by…
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Asia: Markets mixed after Wall Street records
ASIAN markets diverged on Wednesday after fresh records on Wall Street and remarks by the Fed chief that hinted the US central bank would cut interest rates later this year,…
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Asian Markets Mixed After Wall Street Records
Asian markets diverged Wednesday after fresh records on Wall Street and remarks by the Fed chief that hinted the US central bank would cut interest rates later this year, without…
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AI Boom Reshapes Wall Street As TSMC Joins Trillion-dollar Club
The entry of Taiwanese chip giant TSMC into the elite club of the world’s most valuable companies is further proof that the generative AI revolution is shaking up Wall Street.…
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US: Wall Street opens muted after non-farm payrolls data
Wall Street’s main indexes were muted at the open on Friday (Jul 5) after data showed US job growth slowed to a still-healthy pace in June. The Dow Jones Industrial…
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Asia: Markets track Wall Street records as Powell revives rate hopes
ASIAN stocks rose on Wednesday following fresh records on Wall Street after Federal Reserve chief Jerome Powell fanned hopes of an interest rate cut by saying the battle against inflation…
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US: Wall Street opens higher with focus on jobs data
Wall Street’s main stock indexes opened higher on Monday (Jul 1) ahead of manufacturing PMI numbers, with focus also on data later in the week for some evidence of a…
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HSBC fights UBS for Asia wealth under former Wall Street banker
THE head of HSBC Holdings’s private bank is planning a fresh recruiting drive as part of her bid to regain the title of Asia’s biggest wealth manager from UBS Group.…
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Wall Street Closes Lower In The Wake Of Unsettling Debate
Wall Street stocks finished lower Friday, shrugging off better inflation data as markets weighed fallout from a US presidential debate in which incumbent Democrat Joe Biden’s performance was widely panned.…
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US: Wall Street closes subdued as investors sit, wait for inflation data
US STOCKS ended on Thursday (Jun 27) around the unchanged mark as investors awaited fresh inflation data, with the Nasdaq able to eke out a slight gain after data showed…
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Britain’s True Ruler? Larry The Downing Street Cat
There has been one figure of stability in the last 14 years of political turmoil in the UK — Larry the Downing Street cat. Now, with a general election fast…
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US: Wall Street slips as tech recovery stalls
Wall Street’s main indexes opened lower on Wednesday (Jun 26) as semiconductor and megacap stocks gave back early gains, with investors looking ahead to a crucial inflation report later in…
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Asia: Markets fluctuate after Wall Street rebound, inflation in view
ASIAN markets swung on Wednesday following a tech-led bounce on Wall Street as investors prepare for the release of crucial US inflation data, while the yen fell back towards levels…
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Nvidia sales grow so fast that Wall Street can’t keep up
NVIDIA is the most expensive stock in the S&P 500 Index, with its shares trading for roughly 23 times the company’s projected sales over the next 12 months. But there’s…
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Asia: Markets retreat after tech losses hobble Wall Street
ASIAN markets mostly fell on Friday following a broadly negative lead from Wall Street, where tech giants led a sell-off on profit-taking, while traders are on intervention watch as the…