International Markets
Goldman Sachs Resets Price Target for Luk Fook Holdings Stock
Luk Fook Holdings (International) Limited (HKG: 0590) is down 9.76% today settling on HKD 15.34, in the wake of a firm pullback in Chinese and Hong Kong listed…
- FTSE 100 10,541.69 +0.42%
- S&P 500 7,818.93 +0.58%
- Nasdaq 100 31,224.47 +0.48%
- Dow Jones 51,521.28 +0.49%
- DAX 25,449.19 +0.77%
- Gold $4,192.20 +0.85%
- Brent crude $101.08 +0.76%
News & Analysis
International Markets
Chevron Sells Canadian Assets for $6.5 Billion
Chevron Corporation (NYSE: CVX) has entered into a sales agreement with Canadian Natural Resources Limited (CNRL), in a significant deal valued at $6.5 billion. This transaction underscores Chevron’s…
Stellantis Takes Hit Amid Dividend Doubts
Global automaker Stellantis’ stock price (NYSE: STLA) has been coming under fire, with losses of 19.31% over the last week bringing new 52 week lows. The owner of…
Chinese Stocks Rally in Hong Kong Market, Hang Seng Index Closes Week Strong
Investors in the Hong Kong market received a boost as Chinese shares soared, taking the Hang Seng Index to multi-year highs. The euphoria that continues to ripple through…
China’s E-Commerce Giants Battle for Hong Kong Market
Chinese e-commerce giants Alibaba (NYSE: BABA) and JD.com (NASDAQ: JD) are intensifying their competition in the Hong Kong market, deploying significant investments to capture more consumers. Each company…
TSMC and Samsung to Build Possible Mega Chip Factories in UAE?
In a move that could reshape the semiconductor landscape, Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM), known widely as TSMC, is in discussions with Samsung Electronics Co, to…
Malaysia’s KLCI Sees Marginal Gains Amidst Cautious Trading
In a day marked by caution and measured expectations, Malaysia’s FBM KLCI inched forward modestly, making incremental gains amidst a backdrop of restrained investor activity. The index, which…
Indian Indices Pull Back Slightly After Posting Strong First Half of FY25
The Indian stock market has begun the second half of the fiscal year in negative territory, with the Nifty 50 index down 2.15%, and the Sensex 2.17% in…
Alibaba Stock Buyback Gathers Pace, $22BN Still On Deck
Alibaba stock (NYSE:BABA) has been on a rally, with gains of 54.16% on a YTD being driven in part by an acceleration that has gripped Chinese stocks since…
KOSPI Falls Amid Middle East Tensions
South Korea’s main stock index, the KOSPI, faced a decline of 1.22% in trading today amid escalating tensions in the Middle East following Iran’s launch of ballistic missiles…
China’s E-Commerce Stocks Set for Valuation Surge?
The e-commerce landscape in China is on the precipice of a significant change. A combination of policy support and rising market enthusiasm is setting the stage for a…
Japanese Stocks Surge Amid Economic Optimism
Asian markets presented a mixed landscape on Tuesday. While some indices wavered, Japan’s Nikkei 225 index displayed a strong rebound, climbing 1.93% to close at 38,651.97 points, rallying…
NIO Secures $1.9 Billion Boost As Stock Continues To Climb
Shares of Hong Kong and NYSE listed electric vehicle manufacturer NIO (NYSE: NIO) witnessed an impressive rally after its China-based unit received a significant capital infusion of ¥13.3…
Nikkei Slumps As Asian Markets Deliver Mixed Quarter
Asian equity markets have presented a mixed response as the month and quarter draw to a close, with Japan’s Nikkei 225 index experiencing a significant drop of 4.8%,…
Index Roundup – FTSE 100 Ends Week Strong, As Hang Seng and SSE Lead The Week
The FTSE 100 ended the week on an upbeat note, with gains of 0.43% on the day buoyed in part by Prudential’s (LON: PRU) promising expansion news and…
KOSPI Gains Strongly as Semiconductors Boost Index
The Korea Composite Stock Price Index (KOSPI) experienced a significant surge, buoyed by a robust performance in the US semiconductor sector. The index marked a noteworthy increase of…
Sodexo Planning Aramak Acquisition?
Sodexo’s shares (EPA: SW) have taken a pullback today, as the French food services and facilities management giant is contemplating the acquisition of its US-based counterpart, Aramark (NYSE:…
Alibaba Moving Big In Pre-Market, 52 Week Highs On Open?
Alibaba’s stock (NYSE: BABA) is a notable pre-market mover, pushing the price above $101, and indicating a 52 week high by the time the New York Stock Exchange…
Nu Holdings Stock Price (NYSE: NU) Testing $15 After Impressive Run
Brazil-based Nu Holdings’ stock (NYSE: NU) is moving up in the pre-market, gaining 1.35% and threatening the $15 level. The firm which is commonly recognised through its parent…
SAP Shares Bounce Back From DOJ Price-Fixing Probe
SAP’s share price (SAP) has had a whipsaw couple of days after the prominent German software company intially faced a downturn after a Bloomberg report revealed that the…
