Street
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Meituan’s worst-to-first stock rally has street looking for more
AFTER pulling an about-face to become one of the best-performing technology stocks in China this year, Meituan may be primed for further gains on easing competition and improving profitability. Analysts…
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Asia: Most markets advance after latest Wall Street record
EQUITIES rose across most of Asia on Wednesday following yet another record day in New York fuelled by data that boosted US interest rate cut hopes, though expectations were tempered…
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US: Wall Street steady at open after retail sales data
Wall Street indexes opened flat to slightly higher on Tuesday (Jun 18) following soft retail sales data, with commentary awaited from a slew of Federal Reserve officials later in the…
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Asia: Markets rise with Wall Street as traders eye latest US data
ASIAN equities rallied on Tuesday, tracking another tech-driven record on Wall Street, while investors awaited fresh US economic data to get a better handle on the outlook for inflation. With…
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Hedge funds turn cautious on stocks even as Wall Street strategists get bullish
WALL Street strategists are rushing to raise their targets for the S&P 500 Index, but hedge funds are growing increasingly cautious about equities due to the Federal Reserve’s reluctance to…
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Asia: Stocks build on Wall Street records after US inflation data
ASIAN traders extended a rally across world markets on Thursday as they welcomed figures showing US inflation slowed further last month, tempering concerns about the Federal Reserve’s forecast of just…
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US: Wall Street opens lower as markets prepare for CPI data, Fed meet
US STOCK indexes fell on Tuesday (Jun 11) as investors turned cautious ahead of crucial inflation data and a policy announcement from the Federal Reserve expected on Wednesday. The Dow…
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US: Wall Street slips as investors prepare for inflation data, Fed meeting
US STOCKS indexes edged lower on Monday (Jun 10) as investors grew cautious ahead of key inflation data and a Federal Reserve meeting scheduled for this week, looking for hints…
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‘Shaken’ Danish PM Cancels Appointments After Street Attack
Denmark’s Prime Minister Mette Frederiksen on Saturday cancelled her appointments after suffering a whiplash injury in a street attack that left her “shaken”. Frederiksen’s office told AFP that she he…
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US: Wall Street opens lower after hot payrolls data
US STOCK indexes fell at the open on Friday (Jun 7), after data showed job growth accelerated far more than expected in May, leading investors to dial back expectations for…
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US: Wall Street steadies after labour market data; Nvidia boosts Nasdaq
The S&P 500 and the Dow opened little changed on Thursday (Jun 6) after jobless claims data indicated growing weakness in the US labour market, while gains in AI-favourite Nvidia…
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Asia: Markets track Wall Street record as US jobs fuel rate cut hopes
ASIAN markets extended a surge on Wall Street on Thursday (Jun 6) as another round of soft US jobs data ramped up bets on the Federal Reserve cutting interest rates…
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US: Wall Street opens higher as rate-cut hopes increase
Wall Street’s main indexes rose on Wednesday (Jun 5) as investors ramped up bets for an earlier than expected start to interest rate cuts by the Federal Reserve, in the…
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Citi boosts US parental leave to compete with Wall Street rivals
CITIGROUP is increasing the time-off allowance for new parents in the US and introducing leave for staff to care for ailing family members, bringing it more in line with Wall…
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US: Wall Street edges lower as growth worries resurface
Wall Street’s main indexes inched down on Tuesday (Jun 4) as concern grew about the health of the world’s largest economy, even as investors eyed key economic data due this…
