Stock / Global

World equities hit record highs

World equities hit record highs

An index of global equity markets rose to a record high for the second straight session on Wednesday, partly underpinned by bullish sentiment on Wall Street as investors positioned for a likely interest rate cut from the US Federal Reserve. The MSCI All Country World Index rose as high as 954.21,


Wall St futures steady, chip stocks slip on China sales deal

Wall St futures steady, chip stocks slip on China sales deal

US stock index futures were little changed on Monday as investors geared up for a busy week, while major chip companies seemed caught in the middle of the latest twist in trade policy ahead of a key tariff deadline with China. Semiconductor giant Nvidia (NVDA.O) dropped 1 per cent in premarket tra

Samsung Electronics shares fall 1pc

Samsung Electronics shares fall 1pc

Shares in Samsung Electronics fell 1.0 per cent on Tuesday after the South Korean technology company staged a powerful rally in the previous session on news of a $16.5 billion deal to supply chips to Tesla. The deal could bolster the technology company's unprofitable contract business, but Samsung

Dollar weakens to lowest in three years

Dollar weakens to lowest in three years

U.S. dollar sank to its lowest level in more than three years amid growing market concerns about the Federal Reserve's independence while global shares hit their third record high in three days on Thursday The U.S. dollar index, opens new tab was down nearly 0.43% on the session and more than 10%

Gulf markets tumble as Israel-Iran conflict escalates

Gulf markets tumble as Israel-Iran conflict escalates

Stock markets in the Gulf ended lower on Sunday as Israel and Iran exchanged attacks, raising concerns about a potential broader Middle East conflict. Israel said it had targeted Iran's nuclear facilities, ballistic missile factories and military commanders in strikes that started on Friday, in wh