Global stocks fell on Thursday, weighed by tepid trading in equity markets across the US and other major regions, while oil prices jumped, buoyed by rising geopolitical tension from the Middle East conflict. Wall Street's main indexes finished lower after trading slightly higher early in the sessi
Asian stocks turned lower on Tuesday while bond yields and the dollar hit multi-month highs and gold traded near record peaks as investors hunkered down ahead of the US election. Benchmark 10-year Treasury yields rose three basis points in Asia to 4.21 per cent, extending a sharp move higher and h
India's top private lender HDFC Bank said on Saturday its HDB Financial Services unit will raise up to 125 billion rupees ($1.5 billion) in its initial public offering (IPO). Parent HDFC Bank, which holds a 94.6 per cent stake in HDB Financial, will sell shares worth 100 billion rupees, the lender
MSCI's global equities index fell with Treasury yields on Tuesday as investors shied away from riskier assets while oil futures rallied on concerns about supply after Iran launched missiles at Israel. However, Wall Street stocks ended above their session lows and Treasuries yields also pared decli
Chinese stocks swept to their biggest single-day gains in 16 years on Monday, with domestic A-shares registering their highest ever turnover, as investors scrambled to join a searing rally sparked by Beijing’s latest raft of stimulus measures. The CSI300 blue-chip index is now up nearly 30 p
Global stock indexes reached record highs on Thursday after chipmaker Micron Technology's upbeat forecast, while oil dropped on a media report that Saudi Arabia plans to dump its unofficial crude price target of $100 a barrel. Silver rose to its highest level in nearly 12 years, with interest rate
Wall Street’s top regulator on Wednesday is set to adopt new rules for pricing stocks at less than a penny, part of a larger package of proposed reforms that could constitute the biggest overhaul of US equity markets in nearly 20 years if completed. The US Securities and Exchange Commission
Overseas investors aggressively withdrew from Asian tech stocks in August, as they turned pricey after their recent rally and doubts emerged about the profitability of AI investments. According to LSEG data, foreigners sold a net $3.8 billion worth of regional shares in South Korea, India, Taiwan,
Shares of AI heavyweight Nvidia tumbled 9.5 per cent on Tuesday in the deepest ever single-day decline in market value for a US company, as investors softened their optimism about artificial intelligence in a broad market selloff following tepid economic data. Nvidia lost $279 billion in market ca
Share markets fell slightly on Monday as investors braced for a data-packed week culminating in a US jobs report that could decide whether a rate cut expected this month will be regular or super-sized. Survey data released on Saturday showed Chinese manufacturing activity sank to a six-month low i
Shares in Nvidia fell on Wall Street despite the artificial intelligence (AI) chip giant comfortably beating expectations after more than doubling its sales. Nvidia announced record revenues of $30 billion (£24.7b) over a three-month period. The company has been one of the biggest beneficia
Asian shares crept cautiously higher on Monday, while the dollar and bond yields were on the wane ahead of inflation data that investors hope will pave the way for rate cuts in the United States and Europe. Oil prices climbed 0.7 per cent after Israel and Hezabollah traded rocket salvos and air st
Shares of Trump Media & Technology Group, which is majority-owned by former US President Donald Trump, sank to record lows on Tuesday, following the Republican presidential candidate's recent return to rival social media platform X. Trump Media shares dropped to as low as $21.33, down more than 4
