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.
19,995 total articles
Grocery inflation in Britain slowed to 3.1% in the four weeks to May 17, the weakest pace since December 2024, according to Worldpanel by Numerator. Sales rose 1.5% year-on-year over the same four-week period while promotions increased; the full impact of the Iran conflict has not yet been reflected in supermarket pricing. Market-share movement con…
Tokyo's stock market closed modestly higher, with the Nikkei 225 finishing up 0.11%. Strength in Real Estate, Banking and Textile names underpinned the advance, though several high-profile stocks posted steep declines. Crude oil and Brent each fell more than 2%, gold slipped, implied volatility on Nikkei options eased, and currency moves were mixed…
Capgemini presented multi-year targets at its London Capital Markets Day, forecasting 5.5% to 7.5% annual revenue growth through 2028 at constant currency - including roughly 2 percentage points from acquisitions - and unveiling a new adjusted operating profit measure. The group also set cumulative organic free cash flow goals above 6 billion for …
Australian equities ended Wednesday's session higher, with the S&P/ASX 200 up 0.69%. Megaport, Austal and Infratil were among the top performers, while ASX Ltd, Endeavour Group and Neuren Pharmaceuticals recorded the largest declines. Market breadth favoured advancers, volatility eased and key commodities and FX pairs moved modestly.
AustralianSuper told a Perth mining summit that a secondary listing by Glencore on the Australian Securities Exchange would be positive for both the company and the bourse, citing the depth and sophistication of Australia’s mining investor base. The fund said a local listing could help Glencore’s shares better reflect the company’s worth and give i…
SpaceX’s latest Starship trial delivered notable technical gains that supporters say help sustain momentum ahead of a large, widely anticipated IPO valued at $1.75 trillion. The V3 test completed many mission objectives - including deploying mock satellites and a controlled splashdown of the spacecraft in the Indian Ocean - yet fell short on Super …
Taiwan equities finished the session higher, with the Taiwan Weighted index rising 3.26% to a new all-time high. Advances were led by Electronic Parts/Components, Iron & Steel and Optoelectronic sectors. Several individual stocks recorded double-digit percentage moves, while commodity and currency markets saw modest declines and small FX shifts.
Visits to a major wholesale market on Hanoi’s outskirts found a thriving trade in imitation apparel and ongoing access to streaming sites flagged by U.S. authorities, even after Vietnam was designated a priority foreign country for intellectual property rights and announced a limited domestic enforcement campaign.
Bernstein highlights three Chinese wafer fabrication equipment (WFE) manufacturers as primary beneficiaries of a shift by Chinese chipmakers toward local suppliers. The research firm assigns Outperform ratings to NAURA, AMEC and Piotech, and sets CNY price targets for each: NAURA at CNY 680.00, AMEC at CNY 500.00 and Piotech at CNY 580.00. Bernstei…
The Hong Kong Securities and Futures Commission (SFC) executed searches at the city offices of CCB International and China Securities International as part of an investigation into suspected misconduct connected to share offerings. The offshore units of China Construction Bank Corp and China Securities Co had documents and electronic devices remove…
New passenger car registrations in the European Union rose 5.1% in April to 972,314 units, led by a sharp increase in battery-electric vehicle demand. Tesla's April registrations climbed 67.2% year-on-year, and several Chinese automakers recorded substantial month-on-month gains. For the first four months of 2026, EU registrations rose 4.2%, with B…
Xiaomi's first-quarter results showed a sharp drop in profit as rising memory-chip prices and intense domestic competition pressured its core smartphone division. The stock tumbled to its lowest in nearly a month, while the company’s electric vehicle unit posted strong sales but continued to weigh on overall profitability due to heavy investment an…
European policymakers are negotiating a compromise that would reserve most mobile satellite spectrum for EU companies while leaving an opening for non-EU operators. Separately, draft rules on cloud procurement due June 3 aim to limit the sway of U.S. cloud providers in sensitive public projects without fully excluding them. The divided stance among…
Taiwanese prosecutors suspect three people of routing at least one consignment of Nvidia AI chips to mainland China through Japan. The suspects were detained last week by Keelung District authorities after being accused of falsifying export documents for Super Micro Computer servers that house advanced Nvidia chips. Taiwan officials seized roughly …
Samsung Electronics' agreement to allocate a fixed share of semiconductor operating profit to chip workers averts a large strike and delivers very large special bonuses. By committing 10.5% of semiconductor operating profit, abolishing a cap on performance-linked pay and covering a 10-year period, the deal establishes a new precedent that other Sou…
Japanese and South Korean equities hit fresh records driven by a technology sector rally focused on chipmakers, following strong Wall Street gains in AI-linked names. Broader Asian markets displayed divergence as concerns over possible renewed U.S. strikes on Iran, volatile oil prices and central bank guidance capped enthusiasm. Investors awaited f…
Boston Consulting Group's 2026 Global Wealth Report finds Hong Kong has become the largest global booking centre for cross-border wealth at $2.95 trillion, narrowly surpassing Switzerland's $2.94 trillion. The report highlights strong inflows from China and an IPO boom in 2025 as key drivers, and projects faster growth for Asian hubs through 2030 c…
Disciplined Growth Acquisition Corporation priced 15 million units at $10.00 each in an offering expected to raise $150 million. Each unit contains one Class A ordinary share and a right to receive one-fourth of a Class A share upon completion of an initial business combination. The company will deposit $10.05 per unit into a trust account and gran…
Disciplined Growth Acquisition Corporation sold 15 million units at $10.00 each in an initial public offering that raised $150 million. Each unit includes one Class A ordinary share and a right to receive one-fourth of a Class A ordinary share upon completion of the company’s initial business combination. Units are expected to begin trading on the …
Registrations across the EU, Britain and the European Free Trade Association climbed in April, propelled by a strong increase in electrified vehicle sales. Battery-electric, plug-in hybrid and hybrid models accounted for more than two-thirds of registrations, while conventional petrol and diesel car registrations declined. The shift has benefited e…
Samsung Electronics plans to invest roughly 39 trillion dong (about $1.5 billion) to construct its initial semiconductor testing plant in Vietnam. The facility, already under construction in Thai Nguyen province about 60 km north of Hanoi, is slated to begin operations in November 2027 and will test legacy DRAM and NAND memory chips with substantia…
Former President Joe Biden filed a federal lawsuit in Washington D.C. seeking to prevent the Department of Justice from releasing audio recordings and transcripts of private interviews conducted with his biographer in 2016 and 2017. The suit targets a planned June 15 disclosure to the U.S. House Judiciary Committee and the Heritage Foundation. The …
Unionised employees at Samsung Electronics have approved a contentious bonus agreement that prevents an 18-day strike but sharpens pay divergence across the company. The government-mediated settlement, endorsed by 74% of 62,616 voters, channels the largest rewards to the memory chip division and ties stock bonus payouts to ambitious profit mileston…
Japan's Nikkei index reached a fresh record intraday high as semiconductor-related shares surged, offsetting declines among financial and value-oriented stocks. Broader market measures posted modest gains while market breadth showed more decliners than advancers. Investor focus on technology themes echoed overnight strength in U.S. semiconductor na…
Samsung Electronics plans to invest 39 trillion dong ($1.5 billion) to construct its first chip testing factory in Vietnam, with construction under way in an industrial park about 60 kilometres north of Hanoi and operations targeted to begin in November 2027. The facility will focus on legacy DRAM and NAND memory chips and is intended to help relie…
