SYDNEY (REUTERS) – Asian shares firmed on Monday (June 7) while the US dollar wavered after the anxiously awaited May US payrolls report showed the …
Wall Street ends with solid gains after tepid jobs report
NEW YORK (AFP) – US stocks closed out a bumpy, holiday shortened week with solid gains as a tepid jobs report eased concerns the expanding …
Meme stock AMC takes traders on a wild ride, pockets $780 million cash
NEW YORK (BLOOMBERG) – AMC Entertainment Holdings dizzied investors on Thursday (June 3) by losing 40 per cent of its market value, then regaining more …
US Bond Yields And Correlation To The Dollar
Jakarta, Indonesia, June 3, 2021 – (ACN Newswire via SEAPRWire.com) – The British Pound Sterling held firm near a three-month high against the US dollar …
Wall Street shakes off inflation rise and closes higher
NEW YORK (REUTERS) – US stocks climbed on Friday (May 28) as investors brushed off a stronger-than-expected inflation reading, as both the Dow and S&P …
Wall Street closes with modest gains
NEW YORK (AFP) – US equities eked out modest gains on Wednesday (May 26) after a lacklustre session that saw positive corporate news dueling with …
US stocks end volatile week on muted note
NEW YORK (AFP) – The Dow rose while the Nasdaq declined on Friday (May 21) as Wall Street closed out a volatile week on a …
At least one dead in China earthquake
BEIJING (AFP) – A 6.1-magnitude earthquake struck the southwestern Chinese province of Yunnan late on Friday (May 21), killing at least one person, local officials …
Wall Street closes to snap 3-day losing streak as technology stocks rise
NEW YORK (REUTERS) – Wall Street’s main indexes regained their footing on Thursday (May 20) after a three-day slide, buoyed by gains in technology stocks …
Indian rescuers use ships, planes in search for 26 missing after cyclone
MUMBAI (REUTERS) – India’s army and navy deployed ships and aircraft as they searched for 26 people still missing more than three days after a …
Boeing resumes 737 Max deliveries after electrical problem
NEW YORK (AFP) – Boeing confirmed Wednesday (May 19) that it resumed deliveries of the 737 Max after garnering regulatory approval for a fix to …
US stocks drop after Fed minutes, crypto fall
NEW YORK (REUTERS) – Wall Street’s main indexes closed lower on Wednesday (May 19) after minutes from an April Federal Reserve meeting showed participants agreed …
Peloton unveils treadmill safety fixes as recall hits sales forecast
BENGALURU (REUTERS) – Peloton Interactive on Thursday (May 6) estimated an about US$165 million (S$220 million) hit to current-quarter revenue from a recall of its …
Bitcoin plunges 15% in biggest intraday drop since February
SINGAPORE (BLOOMBERG) – Bitcoin plunged the most in more than seven weeks, just days after reaching a record. The biggest crypto coin fell 8.5 per …
Dow, S&P 500 end at records, extending rally
NEW YORK (AFP) – Wall Street stocks concluded a strong week with fresh records on Friday (April 9), extending a bullish run for US equities …
Oil prices slip after Opec+ agree to ease output cuts
SINGAPORE (REUTERS) – Oil prices edged down in early Asian trade on Monday (April 5) after Opec+ agreed last week to gradually ease some of …
Two dead as Bangladesh ferry sinks after collision
DHAKA (AFP) – Two people are dead and rescue workers are searching for survivors after a small ferry packed with up to 50 passengers sank …
Tesla now accepts bitcoin as payment for cars, Elon Musk says
NEW YORK (BLOOMBERG) – Having stunned the market with its audacious bet on bitcoin earlier this year, Tesla will now start accepting the world’s largest …
Shelved IPOs surge in China after watchdog tightens scrutiny
SHANGHAI (BLOOMBERG) – Chinese firms have flocked to pull planned initial public offerings (IPOs) this year after regulators moved to tighten requirements to protect investors …
China’s crusade against risk is tormenting financial markets
BEIJING (BLOOMBERG) – Divining the targets of Beijing’s latest de-risking campaign is becoming an essential trading strategy. Those who failed to take heed of warnings …