Asia morning: China cuts banks’ reserve ratio as economic growth sputters – Sep 27
Today’s Market News Exclusive: China to issue $284 billion of sovereign debt this year to help revive economy Chinese banks in need of capital injection to give thrust to economic stimulus steps China vows ‘necessary spending’ to hit economic growth target IMF’s $7 billion bailout sends Pakistan stocks to new peak Key developments on […]
US stock markets – Sep 26
Stock Market News Meta readies AR glasses reveal at Connect event – Reuters Ford, GM shares fall after Morgan Stanley analyst downgrade – Reuters China’s new stimulus plans make a splash in global markets – Reuters Sam Altman-backed nuclear startup Oklo to start site work for Idaho microreactor – CNBC Meta unveils cheaper $299 Quest 3S VR headset – CNBC […]
Stocks decline, US bond yields rise; investors assess US rate outlook – Sep 26
Today’s Market News India’s manufacturing incentives progress amid efforts to cut China imports India’s Wow Momo takes cues from Domino’s for IPO in two years China’s monetary volleys miss key threat to economic growth Japan’s leadership race clouds BOJ’s rate hike path Key developments on Thursday: BOJ minutes from July 30-31 policy meeting Singapore industrial […]
US stock quick picks – Sep 25
Stock Market News Justice Department accuses Visa of debit network monopoly that impacts price of ‘nearly everything’ – CNBC China Equities Outlook Brightens as Central Bank Activates “Monetary Policy Bazooka” – ETF Trends September consumer confidence falls the most in three years – CNBC Eli Lilly’s Alzheimer’s drug approved in Japan – Reuters Paramount Global bloodbath continues with ‘phase […]
China fires ‘bigger guns, metal stocks up, mega caps mixed – Sep 25
Today’s Market News India’s basmati rice exports seen surging after floor price removed Taiwan August export orders beat forecasts on solid demand for AI China’s central bank unveils most aggressive stimulus since pandemic BOJ chief signals no rush to raise rates further China’s yuan surges to 16-month peak on new stimulus measures Key developments on […]
US stock quick picks – Sep 24
Stock Market News Apollo eyes $5 billion investment in Intel, Bloomberg News reports – Reuters Minneapolis Fed President Kashkari sees a slower pace of rate cuts ahead – CNBC Biohaven’s genetic disease drug meets main trial goal – Reuters Luxury stocks slip as fears grow of a prolonged downturn – CNBC Tempur Sealy to divest more than 100 stores […]
Stocks climb, Euro falls; Fed say large rate cut was warranted – Sep 24
Today’s Market News GM, Ford would need to halt Chinese vehicles exports for US under rule, official says Biden proposes banning Chinese vehicles, ‘connected car’ technology from US roads Indian shares continue to scale new peaks after U.S. rate cut Stocks climb, euro falls; Fed officials say large rate cut was warranted Key developments […]
Today’s Market News Japan PM hopeful Ishiba sees ‘room’ for corporate tax hike, Kyodo reports Brookfield-backed Leela hotels owner Schloss files for $599 mln India IPO Food-price volatility may pose risk to India’s inflation, cenbank says VinFast posts deeper Q2 loss on impairment charge, higher cost to boost sales TNG Digital eyes Malaysian IPO […]
Asia morning brief Sep 20
Today’s Market News BOJ to keep policy steady, signal more rate hikes to come DCM Ventures to exit China’s Kuaishou via $479 mln placement China to ramp up policy steps to revive economy but no ‘bazooka’ stimulus seen Saudi Arabia’s crude oil exports in July hit almost one-year low China expected to trim main policy […]
US stock quick picks – Sep 19
Notables Notable Earnings Today: FedEx (NYSE: FDX), Lennar (NYSE: LEN), Darden Restaurants (NYSE: DRI), FactSet (NYSE: FDS), Endava (NYSE: DAVA), MillerKnoll (Nasdaq: MLKN), Cracker Barrel (Nasdaq: CBRL), iPower (Nasdaq: IPW), MoneyHero (Nasdaq: MNY), LightPath Technologies (Nasdaq: LPTH), Research Solutions (Nasdaq: RSSS). Notable IPOs Today: N/A. Notable Equity Crowdfunding Campaigns Ending Today: The Brooklyneer (SMBX), 24 HR Truck Services […]
