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Dollar at three-week lows; pound takes UK election in strideThe US dollar nears three-week lows awaiting payrolls data impact, while the pound remains strong amid UK election expectations. Euro stabl...
India stocks perched at record highs as vote counting set to beginIndia stock futures and rupee steady as votes in world's largest election to be counted. Prime Minister Modi expected to win third term, le...
Sceptics say $6-trillion cash waiting on sidelines is a mirageSo say a pack of stock skeptics who, while not counseling selling out of the market, warn that some of the bull cases going around suffer f...
EMs poised to end year with best gains in yearsMSCI's benchmark stock gauge for emerging-market equities is on track for a 6.7% advance this year, snapping a two-year losing streak. Its ...
European stocks edge up as Novo Nordisk offsets luxury sector jittersEuropean stocks inched higher on Wednesday as Novo Nordisk shares jumped after a positive update on its diabetes drug Ozempic, though under...
Foreign investors rush into Indian stocks as locals lie lowIndia is not alone in drawing investors who are disenchanted with China's markets and an economy limping after years of pandemic lockdowns.
Hermes wins permanent ban on 'MetaBirkin' NFT sales in US lawsuitA Manhattan federal judge on Friday granted Hermes' request to permanently block artist Mason Rothschild's sales of "MetaBirkin" non-fungib...
European shares rise on hopes of end of US rate-hike cycleEuropean shares were boosted by the expected halt of the US Federal Reserve’s aggressive interest rate-hike policy following the unexpected...
Wall Street Week Ahead: More worries for US stocks, bonds: Fed ramps up 'QT'The economy is already in a glide path to recession and the Fed's quickening pace in terms of QT will accelerate the decline in stock price...
Analysis: The 1970s all over again? Stagflation debate splits Wall StMost economists believe stagflation is far from inevitable, and the Federal Reserve has said rising prices will prove temporary. The S&P 50...
Wall Street Week Ahead: Investors wary on Washington, balancing debt ceiling and infrastructure billAt issue is not only the bipartisan infrastructure bill, but an expected $3.5 trillion in proposed spending in a Democrat-led reconciliatio...
Treasury rally leaves investors scrambling for yield playsEarlier this year, few expected that Treasury yields would sink closer to historic lows by summer despite a resurgence of U.S. growth after...
Warren Buffett's ESG snub risks alienating Wall StreetBuffett and his board opposed two shareholder resolutions at Berkshire Hathaway's annual shareholder meeting last week that called for annu...
Berkshire shareholders reject climate change, diversity proposals that Buffett opposedBuffett doesn't dispute that both issues are important, but opposed the proposals because of Berkshire's decentralized model, where its doz...
Warren Buffett's Berkshire opposes shareholders' climate change, diversity proposalsThe proposals were disclosed in Berkshire's annual proxy filing, ahead of the Omaha, Nebraska-based company's scheduled May 1 annual meetin...
European shares edge higher, luxury stocks hit by weak resultsThe pan-European STOXX 600 rose 0.3% by 0719 GMT, while the German DAX gained 0.5% and London's FTSE 100 was up 0.6%.
The Midas touch: How Roger Federer and Rafael Nadal turn brands into pure goldThe tennis world’s pillars are a marketer’s dream - the deals they have struck are proof enough.