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Global Market: HSBC H1 profit jumps 23%, beats estimates on strong wealth, interest incomeHSBC Holdings reported a stronger-than-expected 23% rise in first-half pretax profit, driven by higher net interest income and robust growt...
Singapore's Grab lifts annual forecasts as AI, incentives drive growthGrab has increased its annual revenue and profit forecasts for the upcoming year. Strong demand for ride-hailing and delivery services fuel...
JPC backs corporate law reforms, easier startup homecomingA joint parliamentary committee supports government plans to simplify corporate regulations and decriminalize minor offenses. The panel als...
Kospi slumps 5% after record-breaking 18% surge. What’s ahead for South Korea’s seesaw-like stock market?South Korea's Kospi plunged more than 5% on Monday after surging a record 18% in the previous session, as renewed selling in heavyweight ch...
Global Market: Japan stocks slide as stronger Yen hits exporters; Nikkei drops Over 2%Japanese stocks tumbled as a sharp rally in the yen weighed on export-oriented companies, with the Nikkei falling over 2%. Auto and chip st...
Explained: Why Kospi skyrocketed 18% today after massive selloff and what’s ahead for South Korea’s 'bipolar' stock marketSouth Korea’s Kospi jumped 18% on Friday as US tech earnings triggered a 28% surge in Samsung and SK Hynix. The sharp rebound follows a 40%...
Why high-conviction investor Cathie Wood bought Nvidia after it erased billions from May highCathie Wood's Ark Invest bought nearly 79,000 Nvidia shares worth about $15.5 million after the AI chipmaker's recent selloff, reaffirming ...
'Wait till payback time!': South Korean retail investors protest as govt apologises after Kospi crashes 40% in a monthKospi skyrocketed over 122% since the beginning of the year to hit a lifetime high of 9,386 in June on the back of a global AI frenzy, befo...
Shell's Q2 profit more than doubles to $9.8 billion, beats estimatesShell reported a significant profit increase in the second quarter, reaching $9.84 billion. Higher energy prices and market volatility cont...
Kospi crashes 12% after SK Hynix earnings; best performing Asian market of 2026 plunges 43% in a month. What’s ahead?South Korea's Kospi index crashed over 11% on Wednesday, extending its drop to 43% from its June peak into technical bear market territory....
Global Market: UBS posts 17% jump in Q2 profit, announces $3 billion share buyback planUBS reported a 17% rise in Q2 net profit to $2.8 billion, beating analyst estimates on strong wealth management and investment banking grow...
Kospi crashes 44% in a month but Nomura sees 109% upside in South Korea's stock market. Here's whySouth Korea's Kospi index dropped 44% from its June peak amid global AI growth worries and foreign fund outflows. Despite the sharp pullbac...
Global Market: Barclays posts robust H1 results, raises guidance on investment banking momentumBarclays has reported an impressive seventeen percent increase in profits for the first half of the year, exceeding analyst predictions and...
Unacademy investors to get UpGrad board seat as Rs 1,955-crore merger nears closeUpGrad is acquiring Unacademy through an all-stock transaction. The Competition Commission of India cleared the merger on July 7, removing ...
Global Markets: Japan's Nikkei rises as oil falls before key earningsJapan's Nikkei share average closed higher on Monday, boosted by lower oil prices. Investors remained cautious due to upcoming major earnin...
AT&T shares jump 4% after strong Q2 earnings, raising buyback targetAT&T shares climbed after reporting robust second-quarter earnings and adding customers. The company announced plans to accelerate its shar...
Global Market: Airbus shares surge over 5% after €5 billion buyback, ambitious 2029 profit targetsAirbus shares rose significantly after announcing a €5 billion share buyback program. The company outlined ambitious financial targets for ...
Sebi directs depositories to freeze promoter holdings during buyback periodSebi has directed depositories to freeze promoter holdings during company buyback periods. This restriction will be in effect from board ap...
Sebi asks depositories to put in place operational framework to implement buyback rules from Aug 1Market regulator Sebi has required tht depositories must implement a new promoter holding freeze mechanism by August 1. This framework will...
Tips Music shares jump 11% as board set to approve buyback on July 22Tips Music shares jumped up to 11% after the company announced that its board will consider a proposal to buy back equity shares alongside ...