Stock / Global

Trump earns $500 million with a single post on Truth Social

Trump earns $500 million with a single post on Truth Social

A single post on Truth Social helped boost the shares of Trump Media and Technology Group, adding a half billion dollars to the net worth of US President-elect Donald Trump as a result, according to CNN and Reuters. Donald Trump’s social media stock had been sinking fast after a short-lived,


US stocks, Bitcoin hit record highs

US stocks, Bitcoin hit record highs

Wall Street tore to record highs on Wednesday and major stock markets around the world surged, while bitcoin hit an all-time-high and the dollar was set for its biggest one-day jump in four years after Donald Trump was elected US president. Trump's decisive victory pummelled long-dated Treasuries

S&P 500 futures soar to record high after Trump claims victory

S&P 500 futures soar to record high after Trump claims victory

S&P 500 futures touched a record high in sharp and broad-based rally on Wednesday after Republican Donald Trump claimed victory in the US presidential election. Fox News projected that he had defeated Democrat candidate Kamala Harris although other news outlets are yet to call the race for Trump.

Saudi Aramco reports 15pc drop in third-quarter profit

Saudi Aramco reports 15pc drop in third-quarter profit

Saudi oil giant Aramco on Tuesday reported a 15.4 per cent drop in third-quarter profit due to lower crude prices and weaker refining margins, but maintained its generous dividend at $31.1 billion for the quarter. Aramco posted net income of $27.6 billion in the three months to Sept. 30, which sti

Japan stocks rally as yen tumbles after coalition drubbing

Japan stocks rally as yen tumbles after coalition drubbing

Japanese stocks rose on Monday as the yen careened to a three-month low after Prime Minister Shigeru Ishiba's coalition lost its parliamentary majority in a drubbing in Sunday's election, raising uncertainty over the path for policy and the economy.   Ishiba's Liberal Democratic Party (

Nvidia overtakes Apple as world's most valuable company

Nvidia overtakes Apple as world's most valuable company

Nvidia (NVDA.O) dethroned Apple (AAPL.O) as the world's most valuable company on Friday, following a record-setting rally in the stock powered by an insatiable demand for its new supercomputing AI chips. Nvidia's stock market value briefly touched $3.53 trillion, while that of Apple was $3.52 tril

Bonds slide, Asia stocks down as US election looms

Bonds slide, Asia stocks down as US election looms

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 HDB Financial to raise up to $1.5 billion in IPO

India’s HDB Financial to raise up to $1.5 billion in IPO

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

Stocks edge lower as Middle East conflict pushes oil higher

Stocks edge lower as Middle East conflict pushes oil higher

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