Daily coverage of equity markets, sectors, and major indices.
In-depth reporting on U.S. and global stock markets, including index performance, sector rotation, earnings reactions, volatility trends, and notable single-stock moves. Designed to help traders and investors understand what is driving price action across equities.
9,093 total articles
Morgan Stanley has singled out five Japanese IT and software companies that it views as well positioned to capture demand tied to corporate digital transformation and enterprise technology spending. The firm assigns Overweight ratings across the group and projects multi-year EBITDA compound annual growth driven by platform services, security offeri…
Shares of major Chinese pork producers outperformed a wider market selloff after Beijing indicated it will proceed with a second substantial round of frozen pork reserve purchases this year. The policy move is aimed at supporting pork prices and farm margins while providing immediate revenue to producers and processors amid persistent oversupply pr…
Singapore prosecutors have charged an additional individual in a fraud case involving false representations to U.S. server supplier Dell Technologies. The charge links the newly accused to two others previously charged in 2024 over claims that servers supplied to Singapore firms would end up with a specified end-user. Authorities have noted that th…
Australia announced a package of restrictions on gambling advertising that bans celebrity-fronted promotions, limits online ads to logged-in users over 18, caps ad frequency during daytime hours and bans branding at sports venues. The measures, to take effect in 2027, stop short of the total online-ad ban recommended by an earlier government inquir…
Shares of Mitsubishi Heavy Industries rose on Thursday following the successful launch of NASA’s Artemis II mission on Wednesday. The company’s involvement through JAXA in developing the H3 rocket and HTV cargo craft ties it to the mission. Other Japanese firms with Artemis exposure also posted gains.
Asian equities reversed earlier gains on Thursday after U.S. President Donald Trump warned of intensified military action against Iran over the next two to three weeks. South Korea's KOSPI posted the largest drop in the region, while major Japanese indexes and a range of other Asian markets fell as oil prices spiked and S&P 500 futures slipped.
South Korea's consumer price index rose 2.2% year-on-year in March, up from 2.0% in February. The increase, driven by higher oil prices and shipping costs related to disruptions from the Iran war, exceeded the central bank's inflation target but fell short of analyst forecasts. Monthly inflation advanced 0.3% in March, and core inflation also rose …
The U.S. administration is preparing to levy 100% tariffs on certain imported pharmaceuticals, according to people familiar with the matter. The duties are expected to be announced as soon as Thursday and will target companies that have not negotiated agreements with the White House to increase onshore manufacturing. Tariff levels will be capped fo…
Vietnam is projected to remain one of Asia’s fastest-growing economies after India through 2028, driven by export demand and a major push into infrastructure. S&P Global Ratings warns that the government’s increased public spending to fund these projects could widen fiscal deficits and reduce current account surpluses, presenting risks to sovereign…
U.S. President Donald Trump said in a televised address that U.S. forces have nearly achieved their objectives in the Iran conflict and that the war would soon be ending, while noting additional strikes could occur over the next two to three weeks. Financial markets moved quickly: equities fell, the dollar firmed and crude oil climbed. Investors an…
Global equities ticked up and the U.S. dollar softened while oil prices eased as investors awaited a primetime address from U.S. President Donald Trump that could signal an end to the month-long U.S.-Israel war with Iran. Markets have rallied in the past two sessions after a volatile March driven by surging energy costs, but analysts say uncertaint…
U.S. stock-index futures were little changed on Wednesday evening as traders awaited a primetime address from President Donald Trump on developments in the Iran conflict. Markets had posted a two-day advance fueled by optimism over a possible ceasefire and selective buying in tech shares, while conflicting statements from Tehran and volatile oil mo…
U.S. officials are preparing to announce tariffs on pharmaceutical companies that have not struck deals to guarantee lower prices domestically, with a potential 100% tariff on imported branded and patented medicines. Some multinational drugmakers have negotiated exemptions by committing to pricing arrangements and U.S. investment, while others have…
Globalstar Inc. shares rallied sharply in after-hours trade after reports indicated Amazon is in discussions to acquire the satellite telecommunications company. The stock jumped roughly 16% to $79.70, its highest level since early 2008. Media coverage said the potential deal would bolster Amazon's low Earth orbit satellite ambitions and position i…
Goldman Sachs reported that global hedge funds endured their worst monthly drawdown since January 2022, driven by market turbulence associated with the Iran war and rapid shifts across rates, currencies, commodities and equity factor rotations. Fundamental long/short stockpickers were broadly negative in March, with Asia-focused managers hit hardes…
The head of the Alliance for Automotive Innovation has proposed eliminating the federal 18.4-cent per gallon gasoline tax and substituting a uniform vehicle fee based on weight to fund road repairs. The recommendation aims to address a growing shortfall in the Highway Trust Fund driven by more fuel-efficient vehicles and rising electric vehicle ado…
NASA’s Artemis program is the United States’ multi-year effort to return astronauts to the Moon after the Apollo era and to create a lasting human presence there. The program, organized around the Space Launch System rocket and the Orion crew capsule and relying on commercially developed lunar landers, has moved through a sequence of milestones sin…
Intel plans to invest an additional $15 million in SambaNova, a startup chaired by Intel CEO Lip-Bu Tan, a review of corporate records and the company’s regulatory filing show. If approved by regulators, the funding would lift Intel’s ownership in SambaNova to 9%. The planned infusion follows a $35 million investment in February and is part of a br…
KKR’s non-traded BDC, KKR FS Income Trust (K-FIT), capped redemptions after repurchase requests reached roughly 6.3% of outstanding shares in Q1 2026, planning to satisfy about 80% of those requests. Its sibling vehicle, KKR FS Income Trust Select (K-FITS), repurchased all of the approximately 3.7% of shares requested. Net inflows from new subscrip…
A government-appointed expert panel has concluded that ASX Ltd.'s risk management and compliance arrangements are not yet mature or embedded across its business, leaving the exchange's role in maintaining critical market infrastructure weakened. The finding follows a probe launched by regulators and has already prompted a A$150 million capital char…
Australia’s corporate regulator has concluded an independent inquiry with findings that ASX exhibited governance weaknesses, inadequate risk management and insufficient stewardship of critical market infrastructure. The panel’s final report, based on extensive interviews and document review, echoes interim conclusions and calls for transformational…
Mexico's benchmark stock index advanced on Wednesday, supported by sector gains in industrials, consumer goods and consumer staples. The S&P/BMV IPC closed 1.59% higher, with miners and select consumer names posting the strongest moves. Market breadth favored winners as gold futures jumped and crude oil prices weakened.
The U.S. Department of Defense has granted Boeing a $900 million indefinite-delivery/indefinite-quantity contract to provide total life cycle sustainment for the T-38C Avionics System. Work will be carried out at numerous Air Force bases and other sites, with the contract expected to run through March 31, 2036. At award, the Air Force obligated $56…
Colombia's main stock index, the COLCAP, closed lower on Wednesday, slipping 0.24% as losses in the Financials, Investment and Public Services sectors outweighed gains in select mining and utility names. Mineros SA, Grupo Cibest SA and Interconnection Electric SA ESP led advancers, while Cementos Argos Pf, Organizacion Terpel SA and Corporacion Fin…
Russian equities closed marginally higher on Wednesday, with the MOEX Russia Index finishing up 0.01%. Gains were concentrated in the Mining, Power and Manufacturing sectors, while select large-cap energy and fertilizer names registered notable declines. Market breadth showed more advancing issues than decliners, and the Russian Volatility Index ro…
