Tag: Markets
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Shares in humanoid robot maker Unitree soar in its Shanghai trading debut
Shares of Unitree, one of China’s largest humanoid robot makers, initially soared as much as 629% in its public stock trading debut yesterday in Shanghai, in ... -
Shares in humanoid robot maker Unitree soar in its Shanghai trading debut
Shares of Unitree, one of China’s largest humanoid robot makers, initially soared as much as 629% in its public stock trading debut yesterday in Shanghai, in ... -
US dollar weakens sharply against the Japanese yen after market interventions
The U.S. dollar weakened sharply against the Japanese yen after U.S. President Donald Trump and Japan’s finance minister confirmed both sides had intervened in markets. Before ... -
Asian shares are mixed and US futures fall as Iran talks make progress
Asian stocks were mixed yesterday with markets in Japan and South Korea trading higher, while oil prices edged lower on fresh optimism over progress in U.S.-Iran negotiations. U.S. ... -
World shares are mixed following signing of US-Iran deal on ending the war
World shares were mixed yesterday, with benchmarks in Japan and South Korea setting fresh records, after the U.S. and Iran signed their initial agreement ending the war. The ... -
Soaring oil prices ease and markets rise
Oil futures fell yesterday while Wall Street rose even as stalled U.S.-Iran talks raised doubts over the reopening of the Strait of Hormuz and a permanent ... -
Asian shares advance and oil slips back despite a barrage of attacks by Iran
Asia shares advanced yesterday, with benchmarks in Japan and South Korea jumping as oil prices fell back slightly despite a barrage of attacks by Iran on ... -
Iran war is giving markets a Covid-like shock
As the Iran war drives oil prices towards $120 a barrel, a reckoning is finally coming for a reckless president and equally complacent financial markets. Last ... -
World shares tumble as Iran war pushes crude prices over USD110 a barrel
World shares tumbled yesterday, with Japan’s benchmark Nikkei 225 index plunging more than 5%, after oil prices spiked at nearly $120 a barrel, casting a shadow ... -
World shares mostly gain, as Tokyo’s Nikkei hits a record high, and oil prices climb
World shares advanced yesterday, with Tokyo’s benchmark setting another record, while U.S. futures edged lower. The prices of oil and precious metals also climbed. Tokyo’s Nikkei ... -
Asian shares are mostly lower in quiet holiday trading as China-Taiwan tensions rise
Asian shares were mostly lower in thin holiday trading as China staged military exercises near the island of Taiwan. The prices of gold and silver fell ... -
World shares retreat after losses for Big Tech pull US stocks lower
Shares in Europe and Asia retreated yesterday following a decline on Wall Street spurred by selling of Big Tech shares. But benchmarks in Asia recovered much ... -
Shares in CATL, world’s biggest EV battery maker, surge in HKSE after $4.6 billion IPO
Shares in CATL, the world’s largest maker of batteries for electric vehicles, jumped more than 16% yesterday in its Hong Kong trading debut after it raised ... -
World shares mixed after rebound on Wall St as investors await next steps in trade war
World shares were mixed yesterday after a rebound on Wall Street fueled by an encouraging update on U.S. consumer prices. That report showed overall prices rose ... -
Wall Street falls in a manic day after briefly dropping more than 10% below its record
The U.S. stock market fell further Tuesday following President Donald Trump’s latest escalation in his trade war, briefly pulling Wall Street 10% below its record set ... -
Tesla tumbles again as investors bail on Musk’s suddenly struggling EV company
Shares of Tesla slid again Monday as confidence in Elon Musk’s electric car company continues to disintegrate following a post-election “Trump bump.” Tesla shares tumbled 15.4%, ... -
Chinese stocks sink, with Shanghai down 6.6%, while other markets are mostly higher
Chinese shares plunged yesterday, with Shanghai’s benchmark down 6.6% and Hong Kong’s sliding 1.5%, while other world markets mostly advanced. Details of economic stimulus plans from ... -
Chinese stocks slide as investors maintain caution after US inflation report
China stocks were lower yesterday after the overnight United States inflation report that signaled a diminished possibility of the Fed’s rate cut made investors cautious. Hong ... -
Japan’s Nikkei stock index breaks its 1989 record, surges to an all-time high
Japan’s benchmark Nikkei 225 index surged yesterday past the record it set in 1989 before its financial bubble burst, ushering in an era of faltering growth. ... -
China replaces its top securities regulator, moving to reassure investors
China replaced the head of its market watchdog yesterday in an apparent attempt to restore confidence in financial markets following a prolonged downturn. Official media said ... -
Investors’ shift to low-cost funds brings average fees down
Fund investors are keeping more of what’s theirs. Fees for mutual funds and exchange-traded funds fell to a record low last year, according to Morningstar. Fund ... -
Asian stocks sink after Credit Suisse takeover
Asian stock markets sank yesterday after Swiss authorities arranged the takeover of troubled Credit Suisse amid fears of a global banking crisis ahead of a Federal ... -
Former HKEx boss permitted to operate financial services in Macau
Former Hong Kong Stock Exchanges and Clearing Limited (HKEx) boss Charles Li has been given the green light to operate financial and investment services in Macau. ... -
Futures head lower despite strong showing from US companies
Wall Street declined before the opening bell despite strong earnings from some major U.S. corporations yesterday. Futures for the Dow Jones industrials fell 0.4% and futures ... -
Global shares mixed after China economy slows, HK down 6.4%
Global shares were mixed, while Hong Kong’s benchmark plunged 6.4% yesterday as dismay over a lack of fresh policy initiatives from a Chinese Communist Party congress ... -
US futures turn around on strong performance from retailers
Wall Street nearly recouped overnight losses and was inching toward gains yesterday after some bell-weather retailers reported strong second-quarter earnings, suggesting that Americans have continued to ...
