US stock markets – Oct 1

Stock Market News Powell indicates further rate cuts, but insists the Fed is ‘not on any preset course’ – CNBC Shares of Dodge-maker Stellantis drop 8% after it issues profit warning – CNBC AT&T sells 70% stake in DirecTV to TPG for $7.6 bln – Reuters Nike to post steepest sales drop since COVID, analysts expect target reset […]

Asia morning market brief Oct 1

  Today’s Market News Chinese investors rush into stocks for fear of missing out on epic rally India clears rules for passive fund houses, introduces new asset class China’s benchmark stock index posts biggest daily gain since 2008 Cross-border M&A recovers in Asia as dealmakers look abroad for growth Beijing eases home purchase rules to […]

US stock markets – Sep 30

Trends to Watch Strike Time: Expect shortages of bananas, booze, chocolate and cherries if there’s a long port strike (CNN) More China Problems: China’s factory activity contracts less than expected in September (CNBC) Not Lovin’ It: McDonald’s and supermarkets failed to spot slavery (BBC) Music’s on Pause: Spotify is back after a Sunday morning outage (The Verge) Still Waiting: 3 signs that Bitcoin price […]

China stimulus, Japan politics dominate Q3 end – Sep 30

Today’s Market News China to cut existing mortgage rates by end-Oct, cities ease home-buying curbs Why India’s easing of export curbs is important to global rice trade Shanghai Stock Exchange to run test after transaction delay India allows non-basmati white rice exports in boost for global supplies China cuts short-term borrowing costs   Key developments on […]

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 […]