Ether-linked stocks jump as crypto coin hits 6-month high
- 18-Jul-2025
Cryptocurrency-related stocks rose in premarket trading on Friday, with shares linked to ether leading the charge after the No. 2 crypto hit a six-month high. Shares of BitMine Immersion Technologies, which holds about $1 billion worth of ether, soared 14%. Other ether holding firms Bit Digital and BTCS added 4% and 12.5%, respectively. Ether climbed […]
Dollar, US stocks find some stability as trade talks help the mood
- 17-Apr-2025
BOSTON/LONDON: Most stocks and the dollar ticked up on Thursday as traders took some heart from trade talks between the U.S. and Japan, though the positive mood was curbed by Federal Reserve Chair Jerome Powell saying the Fed would be cautious about cutting interest rates. With a holiday weekend ahead, investors were reluctant to double […]
Stocks bounce in Asia as some US tariffs paused
- 14-Apr-2025
Wall Street share futures rallied in Asia on Monday after the White House exempted smartphones and computers from “reciprocal” US tariffs, though gains were limited as President Donald Trump warned levies were still likely at some point. Indeed, Trump on Sunday told reporters tariffs on semiconductors would be announced over the next week and a […]
Markets tumble over Trump tariffs, world leaders brace for his next moves
- 03-Feb-2025
WASHINGTON/BRUSSELS: US stocks opened on Monday at their lowest level since Donald Trump was sworn in two weeks ago, and other global financial markets slumped after the U.S. president ordered tariffs imposed on Canada, Mexico and China, while world leaders responded to his threats to expand tariffs to the European Union as well. The benchmark […]
Global stocks rally on lower bond yields
- 16-Jan-2025
Stocks surged on Thursday, extending momentum from the previous session when data showed an easing in core US inflation that raised expectations for Federal Reserve cuts and sent global bond yields lower. Strong results from blue-chip companies across the world added fuel to the equities rally, and supported risk sentiment across a range of asset […]
Stocks fall, dollar up as Trump tariffs rattle investors
- 26-Nov-2024
LONDON: The US Dollar (USD) rallied on Tuesday, while European shares fell, after U.S. President-elect Donald Trump pledged tariffs on all imports from Canada and Mexico, and extra tariffs on China. European equities traded in negative territory, led by steep declines across a range of sectors, including car companies and steelmakers, some of the potential […]
Bitcoin nears record $90,000
- 12-Nov-2024
Global stocks came under pressure on Tuesday from investor concern about U.S. President-elect Donald Trump’s policies, while bitcoin neared a record $90,000 as traders piled into assets they believe could benefit from the new administration. Investors have been funneling cash into assets they think will get a boost from Trump’s second four-year term in office, […]
World stocks cruise to best week since August on Trump win
- 08-Nov-2024
LONDON: Global stock markets cruised towards their best week since August on Friday, with sentiment underpinned by Donald Trump’s decisive US election victory, while China kicked off a fresh round of fiscal support for its flagging economy. A day after the U.S. Federal Reserve delivered a quarter-point rate cut, as anticipated, focus turned back to […]
World Stocks Report- August 7, 2024
- 07-Aug-2024
Stock indexes around the world rose on Wednesday with help from U.S. economic data while the dollar strengthened against the yen after cautious comments from the Bank of Japan. BOJ Deputy Governor Shinichi Uchida said the central bank will not raise interest rates when financial markets are unstable, causing the yen to sink. But in […]
Stocks slide amid global cyber outage
- 19-Jul-2024
World stock indexes fell on Friday as a global cyber outage rattled investors, while the dollar climbed and was on track to snap a two-week streak of declines. The outage hit services from airlines to banks, unsettling markets further after a turbulent week. Cybersecurity firm CrowdStrike fell 8.2 per cent after an update to one […]