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.
20,608 total articles
Chinese regulators and market participants are exploring futures contracts tied to AI tokens - the smallest unit of information processed by AI models - with the Shanghai Futures Exchange reported to be in early-stage product design. The initiative, driven in part by competition with the United States, would create a derivatives tool for firms acro…
Simon Robinson, currently executive editor at Reuters, has been named director of news and current affairs at the Australian Broadcasting Corporation. He will begin in September, succeeding Justin Stevens, who resigned this week. Reuters has designated Nick Tattersall to succeed Robinson as global managing editor, newsroom.
General Motors LLC has issued a recall covering 2,785 pickup trucks because of a potential failure in the roof rail airbag inflator. The recall, filed with the National Highway Traffic Safety Administration, covers select 2018 Chevrolet Silverado 1500 and GMC Sierra 1500 vehicles, and select 2019 Chevrolet Silverado 2500/3500 and GMC Sierra 2500/35…
Chevron has formally applied to assume a 70% interest in an offshore exploration block southwest of Greece from Helleniq Energy, the Greek energy ministry said on Thursday. If regulators approve the transfer, Chevron would become the operator and head exploration activity in Block 2 in the southwest Ionian Sea. Greece is considering allowing both c…
BT Group shares fell sharply amid news that the British government plans to block any attempt by Sunil Bharti Mittal to increase his nearly 25% holding, compounding investor concern after disappointing full-year results and mounting customer losses at Openreach. Broader risk-off market conditions, driven in part by escalating geopolitical tensions …
Novem Group, a supplier of automotive interior components, reported preliminary fiscal 2025/26 results showing revenue of €510.90 million, down 5.6% year-on-year, and adjusted EBIT of €31.80 million, a 35% decline. The company recorded a near 70% increase in full-year free cash flow to €48.10 million and secured order intake in excess of €60 millio…
A UBS report published on Thursday shows that many of the world's wealthiest family offices are reducing exposure to the U.S. dollar. Conducted between January and late March, the survey found two-thirds of respondents expect confidence in the dollar as a reserve currency to weaken over the year, and nearly half see themselves as overexposed to dol…
British equities dropped on Thursday, with the FTSE 100 down nearly 1%, as a fresh round of U.S.-Iranian strikes undermined hopes for a ceasefire and comments from the European Central Bank's chief economist raised the prospect of more entrenched energy inflation. The move came alongside losses across major European indexes and a modest decline in …
European equities declined on May 28 as renewed clashes between Iran and the U.S. pushed crude prices higher and heightened unease about the global economic outlook. The STOXX 600 slipped while energy-sensitive airlines fell and semiconductor suppliers bucked the trend with gains. The market reaction reflected an immediate sensitivity to geopolitic…
KKR & Co will open an office in Milan to manage an expanding set of activities in Italy following large investments in Telecom Italia’s fixed-line network and a stake in Eni’s biofuel unit. The Milan hub will oversee private equity, real assets, credit and insurance, and private wealth business, and will be led by members of KKR’s infrastructure an…
European equity indices fell at the market open after renewed hostilities in the Gulf raised fears that a tentative ceasefire and potential U.S.-Iran peace arrangements could be jeopardised. Major German, French and U.K. benchmarks opened down, while Brent crude rallied above $96 a barrel amid reported U.S. strikes and intercepted missile and drone…
Faced with growing domestic lending opportunities and a surge of household money moving into the stock market, Japanese banks are actively seeking new ways to attract and retain deposits. Higher deposit rates from a gradually tightening Bank of Japan, government encouragement of stock investment via the expanded NISA programme and record-high equit…
Japanese equities closed lower Thursday, with the Nikkei 225 falling 0.53% as declines in Paper & Pulp, Transport and Communication segments outnumbered gains. A handful of electronics firms posted strong advances and multi-year highs, while several industrial and materials stocks led losses. Volatility on Nikkei options rose, and oil and currency …
SpaceX's provision of compute capacity to AI startup Anthropic is structured as an initial 180-day lease with a 90-day mutual cancellation window, CEO Elon Musk said. The terms permit SpaceX to reclaim capacity if internal needs tighten, even though an IPO filing previously disclosed payments running through May 2029. The arrangement includes acces…
Jefferies launched coverage of Compass Gas e Energia with a buy rating and a 12-month price target of 37 reais per share, implying roughly 38% upside to the stock's 26.85 reais quote on May 28, 2026. The bank applies a blended 7.7x EV/EBITDA multiple to 2026 estimates, differentiating multiples for regulated distribution units and the trading/infra…
Australian equities closed lower on Thursday, with the S&P/ASX 200 slipping 1.43% as losses in the Gold, Metals & Mining and Materials sectors pushed the market down. A larger number of stocks fell than rose, the market volatility gauge climbed, and commodities showed mixed moves with gold lower and oil higher.
Bernstein has singled out four Japanese consumer companies as top sector picks, citing durable business models, vertical integration and international growth opportunities. The firm assigns Outperform ratings to Fast Retailing, ASICS, Food & Life Companies and Pan Pacific International Holdings, attaching price targets that imply between roughly 20…
Taiwan's government says the United States has not set a concrete schedule for imposing Section 232 tariffs on semiconductors, and that preferential terms for Taiwanese chipmakers investing in the U.S. were pre-agreed under a bilateral trade deal reached in January. The U.S. is also cutting or removing certain tariffs on Taiwanese goods, with many …
Taiwan equities ended lower on Thursday, with the Taiwan Weighted falling 0.27% at the close. Losses concentrated in the , Optoelectronic and Iron & Steel sectors. Several individual names recorded double-digit percentage moves, both up and down, while commodities and currency movements were mixed in overseas markets.
ByteDance is developing proprietary central processing units for deployment in its servers and data centres to support an expanding suite of agent-based AI products. The effort, still in early stages according to people familiar with the matter, comes amid rising CPU prices and supply constraints that are prompting hyperscalers and chipmakers to pu…
President Donald Trump filed an amended defamation complaint on May 28 in Miami federal court seeking at least $10 billion in damages from the Wall Street Journal and associated parties for reporting that linked him to a birthday card allegedly signed to Jeffrey Epstein. The refiled suit comes after a judge dismissed an earlier complaint for failin…
NIO Inc saw its shares surge following the launch of the ES9, a six-seat luxury electric SUV the company billed as the country’s largest battery-electric SUV. Hong Kong-listed stock advanced as much as 10.5% to HK$46.08 by 05:40 GMT, while U.S.-listed shares closed 9% higher overnight. The ES9 is priced from 498,000 yuan including the battery pack,…
Japan Investment Corp (JIC), the government-backed investment vehicle, is reportedly examining a potential sale of JSR, the chipmaking materials specialist it took private two years ago in a roughly $6 billion transaction. Sources familiar with the matter say Fujifilm and Mitsubishi Chemical have shown interest. JIC had originally used the acquisit…
Senior officials in the current U.S. administration are negotiating potential financing arrangements with a group of drone manufacturers and component suppliers intended to expand domestic production capacity and lower the cost of the weapons, according to people familiar with the matter. The discussions have involved Pentagon contacts and the Offi…
Meituan's Hong Kong-listed shares tumbled after online claims that the company planned widespread cuts to product-related staff. The company and employees refuted the reports, and Meituan said its 2026 spring campus recruitment programme remains active across technology, product and operations roles. The share decline underscores investor sensitivi…
