JPMorgan, Deutsche Bank to face Epstein ties lawsuits JPMorgan Chase & Co and Deutsche Bank AG face lawsuits accusing them of enabling Jeffrey Epstein's sex trafficking. The New Daily · Mar 20, 2023
3 Nasdaq Stocks That Could Carry Your Portfolio for Years With the broader market in trepidation amid the ongoing turmoil in the banking sector, fundamentally strong and resilient Nasdaq stocks Gilead Sciences (GILD), Vertex Pharmaceuticals (VRTX), and Autodesk (ADSK) could be worth investing in for sustained risk-adjusted returns. Continue reading…. StockNews.com · Mar 20, 2023
The one winner and many losers of UBS’s Credit Suisse rescue BERN: UBS Group AG is emerging as a rare winner in Credit Suisse Group AG’s crisis after a historic, government-brokered deal that contains a raft of financial shock absorbers. The Times of India · Mar 20, 2023
3 Top Stocks to Buy Now for the Next Bull Market Although anxieties have heightened amid the recent banking collapses, with easing inflation and retail sales numbers, a market recovery could materialize soon. Against this backdrop, quality stocks Cisco Systems (CSCO), Albertsons Companies (ACI), and Universal Logistics Holdings (ULH) might be solid buys now for the next bull market. Read on…. StockNews.com · Mar 17, 2023
Credit Suisse surges 40% on lifeline, fueling bank-stock rally PARIS: Credit Suisse Group AG shares surged as much as 40% after Switzerland’s central bank stepped in to support the lender, triggering a rally in bank stocks across Europe on easing investor concern that the firm’s troubles would trigger a global banking crisis. The Times of India · Mar 16, 2023
Europe, US futures rally on Credit Suisse funding Futures for European and U.S. equity futures advanced, Asian stocks pared losses and Treasuries fell Thursday as news that Credit Suisse Group AG would borrow money from Switzerland’s central bank provided a measure of calm for investors. Tribune News Service · Mar 16, 2023
Consumer prices continued to rise quickly in February Fed officials were watching this data release closely. Axios · Mar 14, 2023
Mortgage rates keep climbing as economy grows. What home buyers and sellers should know The housing market is on the fritz – again. Tribune News Service · Mar 13, 2023
You Can't Go Wrong with Buying These 3 Stocks The speculative rally earlier this year, spurred by hopes of a Fed pivot seems to have hit a wall. Analysts have warned about an impending downturn. Amid this, investors could consider loading up fundamentally strong stocks Honda Motor (HMC), Nokia (NOK), and Genie Energy (GNE) for potential gains. Read more…. StockNews.com · Mar 3, 2023
Corporate America’s earnings quality is the worst in three decades In telling their stories about how the future is bright for stocks, bulls point to solid earnings to justify the optimism. But cracks are forming in that narrative — in the trajectory of profits, and just as worryingly in the makeup of the profits themselves. Tribune News Service · Mar 1, 2023
Walmart tops estimates but issues cautious annual outlook Walmart Inc. turned in another blowout quarter as more shoppers sought out its low prices, but the retailer offered a cautious outlook for the current fiscal year because of rising economic uncertainty. Tribune News Service · Feb 21, 2023
City watchdog may ‘ease rules’ in order to secure $40bn Arm listing Officials locked in talks with tech firm’s Japanese owner, SoftBank, according to Sunday Times report The Guardian - UK · Feb 5, 2023
Weekly Must-Read: The Vision of Singapore’s Next Prime Minister Lawrence Wong sees himself as a ‘servant leader,’ he says. ‘My role is not just to lead, but to serve my country and my fellow citizens’ Caixin Global · Feb 3, 2023
India’s Adani’s losses swell above $100bn India’s central bank is examining the exposure of banks to the group as its various firms continued to tank. Al Jazeera · Feb 2, 2023
Bangkok Post · Jan 24, 2023 JPMorgan expects more IPOs, takeovers as baht gains The Thai baht rally will help reverse a slump in its market for initial public offerings and provide fire-power for overseas acquisitions by Thai companies, according to JPMorgan Chase & Co.
The Philadelphia Inquirer · Jan 23, 2023 Home builders and Chinese tech: Can these beaten-down stocks beat the S&P 500 in 2023? With the benchmark S&P 500 stock index down 18% and the major U.S. bond indexes down 13% for 2022 — a rare double-slam against the plainest of investments — January is a good time for investor self-recriminations about what we might have done differently, if we'd only seen this coming.
StockNews.com · Dec 7, 2022 Are You Ready for the Bear Market to Return? One has to laugh at the macho stock rally the bulls pulled off last week as they ONCE AGAIN misunderstand the statements of the Fed. As clearer heads prevail the stock market (SPY) have erased all of last weeks gains and then some. That is the past. What matters is…
Reuters · Dec 7, 2022 Analysis-Peru markets take in political drama as investors focus on fundamentals On a day of high drama for Peruvian politics that saw the president threaten to dissolve Congress before himself being ousted, the Andean country's financial markets absorbed the punch.
Axios · Dec 7, 2022 Stock market bulls just might be back Investors aren't too worried about a recession.
Reuters · Dec 6, 2022 Analysis-G7 Russian oil price cap evolves from revenue squeeze to market anchor When U.S. officials first floated the idea of capping Russian oil export prices in response to a planned European embargo in March, they pledged to squeeze revenues to Russia's war machine, while avoiding a devastating oil price spike.
ABC News · Dec 6, 2022 Queensland's coal royalties up $2 billion due to 'distorted global energy markets' Queensland predicting an extra bump in coal royalties, after lifting a decade-long freeze on rates.
The Guardian - AU · Dec 6, 2022 Anthony Albanese says postponing energy market meeting with premiers won’t delay power price relief The prime minister, who is isolating with Covid, says putting off national cabinet by two days will not affect timing of proposed intervention
ABC News · Dec 4, 2022 ASX boosted by miners as China eases COVID-19 curbs after protests, as lockdowns hurt Chinese economy The Australian share market is driven by miners as iron ore prices rose as China lifted some COVID-19 restrictions. However, lockdowns took their toll on the Chinese economy last month.
ABC News · Dec 1, 2022 ASX falls as share rally fades, economists bake in RBA interest rate rise on Tuesday The ASX extends losses into the close, as investors take stock following yesterday's Jerome Powell-inspired share market surge and ahead of next week's Reserve Bank meeting.
ABC News · Nov 30, 2022 ASX jumps to seven-month high as Wall Street rallies after US Fed eyes slower rate hikes Australian shares rally, tracking overnight Wall Street gains after the US Federal Reserve chairman said the central bank could slow its pace of interest rate hikes "as soon as December".