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Markets
SoftBank’s Arm launches IPO courting T Rowe in $52 billion valuation ask By Reuters
© Reuters. FILE PHOTO: SoftBank Corp's logo is pictured at a news conference in Tokyo, Japan, February 4, 2021. REUTERS/Kim Kyung-Hoon/File Photo
By Manya Saini, Echo Wang…
Gold prices decline, stick to a tight trading range
Gold futures traded mostly lower on Wednesday, stuck to a tight trading range following a loss in the previous session, as investors weighed overall strength in the…
Dow ends down almost 200 points after downbeat global economy data, oil price rise
U.S. stocks finished lower Tuesday, with investors weighing the impact of more weak economic data from China and Europe, the first drop for U.S. factory orders in…
Emerging markets have turned a corner, insists Ashmore
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Investment manager Ashmore Group has insisted the!-->!-->!-->…
USD/JPY rebounds on strong US ISM data, Fed’s rate hike looms
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USD/JPY recovers ground after the US ISM…
G7 shelves regular Russian oil cap reviews as prices soar – sources
© Reuters. FILE PHOTO: Russian oil cargo Pure Point, carrying crude oil, is seen anchored at the port in Karachi, Pakistan June 13, 2023. REUTERS/Akhtar Soomro/File Photo
By…
Malaysia seeks return of ex-Goldman banker convicted in 1MDB case By Reuters
© Reuters. FILE PHOTO: Ex-Goldman Sachs banker Roger Ng and his lawyer Marc Agnifilo leave the federal court in New York, U.S., May 6, 2019. REUTERS/Jeenah Moon/File Photo…
Oil prices ease back from 2023 highs
Oil futures edged lower Wednesday, pulling back a day after ending at 2023 highs following the extension of supply cuts by Saudi Arabia and Russia, with U.S. prices…
Stock market ‘exceptionally’ unlikely to climb this year to record peak, says Stifel’s Barry Bannister
The soaring S&P 500 index will probably fail to reach a record peak by the end of the year, according to Stifel’s chief equity strategist Barry Bannister. “A…
China and Japan push back against dollar strength
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Officials in China and Japan are!-->!-->!-->…