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RICHMOND ASSET MANAGEMENT
US stocks today: Nasdaq nosedives as Broadcom revenue miss dents chip stocksThe S&P 500 and the Nasdaq dropped at the open on Thursday, as Broadcom's revenue miss pressured chip stocks, while equity investors took...- Asian stocks gain after US CPI fuels Fed rate cut betsGlobal stocks reached record highs following a US inflation report that fueled speculation of a potential Federal Reserve rate cut in Septe...
- Wall Street ends higher as investors digest earnings, rate cut prospectsU.S. stock indexes climbed on Wednesday as investors evaluated potential interest rate cuts despite Alphabet's disappointing cloud revenue....
- US stocks little changed as spotlight remains on jobs dataUS stock markets saw mixed performance. The Dow and S&P 500 dipped slightly. Nasdaq reached a new intraday high. Investors awaited Friday's...
- Global stocks plunge, bond prices rally as US data spooksUnexpectedly weak U.S. employment data for July triggered recession concerns, leading to a sell-off in stocks and a surge in safe-haven bon...
- Dow Jones secures new all-time high on optimism about interest rate cutsThe benchmark S&P 500 trades less than 1% shy of its all-time closing high as traders price in an aggressive timetable for interest rate cu...
- Veteran money managers bail on stock rally with Fed hawks flyingProminent money managers have stopped chasing the latest stock rally, reasoning that expectations for easier Federal Reserve monetary polic...
- Wall Street drops as investors fret about interest ratesThe main indexes were on track to lose ground for the week as economic data pointed to elevated inflation, a tight job market and resilienc...
- Dalal Street indices tank 1.5% on concerns over Fed movesInvestors are awaiting the US Fed chief Jerome Powell's Jackson Hole speech on Friday that is expected to give markets some hint of what co...
- What happens to your cryptocurrency if you die?It's important to understand how to safely store your crypto and communicate your wishes with your loved ones, just like you would with any...
- Job hole or inflation? Fed policymakers split over risk viewRobert Kaplan and James Bullard, the chiefs of the Dallas and St. Louis Fed banks, respectively. On Thursday they separately warned that in...
- Investors seek out 'back to the future' trades to beat inflation as bond yields riseThe tepid recovery from the Great Financial Crisis elongated the long bull market in bonds reaching back to the early 1980s, pushing yields...
- Dollar holds advantage over low-yielders, Australian dollar looks to RBAThe dollar index last stood at 91.014, having hit a three-week high of 91.139 overnight, with its February peak of 91.600 seen as a possibl...
- Gold bulls flee at fastest pace since May on US rate outlookA resilient US job market and gains for the service economy have signaled that expansion can continue even if rates rise, curbing the need ...
- Financials, retail stocks good point to start accumulating: Graham Bibby, Richmond Asset ManagementIn an interview with ET Now, Graham Bibby, CEO, Richmond Asset Management, talks about the valuations in the Indian market as also the sect...
- Quite excited about China, but won’t invest right now: Graham Bibby, Richmond Asset ManagementGraham Bibby, CEO, Richmond Asset Management, talks about the potential in China compared to India. He says, Hong Kong stocks look good.
- Gold may accelerate to the upside: Graham BibbyG Bibby of Richmond Asset Management says gold will accelerate to the upside as investors take this as safe haven. EU's $1 trillion rescue:...
- Fed to scrap stimulus when crisis endsFederal Reserve's top two officials assured that they will pull back their emergency-credit programmes once the crisis fades, even as they ...
- Circuit City closing 155 storesCircuit City Stores Inc. said Monday it is pulling the plug on about 20 percent of its U.S. stores in an effort to return the nation's No. ...
- Not just gas, Ambani brothers have at least a dozen issues to resolveAmbani brothers are yet to sort out at least a dozen issues three years after they signed a memorandum of understanding to divide the asset...
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