Shares of United Overseas Bank (UOB) fell 3.8% on Friday, reversing a trend of gains that…
Category: Financial News
Daily coverage of the markets that move portfolios: equities, bonds, commodities, currencies and the central-bank decisions behind them. Each report explains what changed, why it matters and how it feeds into an allocation. Written for investors who follow markets as a process, not as headlines.
Tata Group partners with Powerchip for chipmaking debut
Tata Group has announced its entry into the semiconductor market through a partnership with Taiwan-based Powerchip…
Foreign Investors Sell Rs 4,200 Crore in Indian Equities
Foreign institutional investors (FIIs) sold Indian equities worth Rs 4,200 crore on July 16, marking their…
Global Equity Correlations Drop to Multi-Decade Low in 2023
Global equity correlations have reached their lowest levels in decades, signaling a shift in investment dynamics.…
Tesla Holds 54% of U.S. EV Market Despite Sales Decline
Tesla maintained a dominant position in the U.S. electric vehicle (EV) market in June, capturing approximately…
Wall Street Declines as Chip Stocks Weigh on Market Indices
Wall Street closed lower on Thursday as weakness in semiconductor stocks offset positive earnings reports and…
European stocks gain modestly amid US-Iran conflict concerns
European stocks posted modest gains on Thursday, with the pan-European Stoxx 600 index rising 0.16% to…
Swedbank fined $50M by NY regulators in Panama Papers case
The New York State Department of Financial Services (NYSDFS) fined Swedbank $50 million for failing to…
IEA Forecasts First Global Oil Demand Drop Since 2020
The International Energy Agency (IEA) has projected a decline in global oil demand for the first…
Yemen’s Houthi Rebels Renew Conflict, Threaten Oil Supply
Yemen's Houthi rebels have reignited conflict this week, raising concerns about potential disruptions to global oil…