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INVESTMENT BANKING RUMORS
Ten reasons oil is still below $100 a barrelGlobal oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...
Nvidia, Boeing stocks crash even after Trump-China summit deal headlines: Why are stocks collapsing and what does today’s sharp US stock market selloff reveal about China trade tensions?Nvidia and Boeing stocks crashed on May 15, 2026, falling 3.83% and 2.86% respectively, even as Trump announced major China deals. Beijing ...
US stock market today: Why Dow Jones is down while S&P 500 and Nasdaq rise today — Dow crashes over 160 points as oil surges above $100 and Iran tensions rattle blue-chip stocksUS stock market today shows a sharp split. The Dow Jones Industrial Average falls over 160 points. Oil prices surge above $100. Iran tensio...
Is Mariah Carey laden with debt? Rumors swirl as she plans to sell one of her prized property in New YorkMariah Carey has listed her luxury Tribeca penthouse in New York for $27 million. Reports say the property has loans linked to it, which sp...
Americans to get a $1,702 stimulus payment in November 2025? Here’s the truth behind the viral $1,702 stimulus check claims and what that payment actually meansRumors of a $1,702 stimulus payment in November 2025 are spreading fast online. But there’s no new federal stimulus check coming. The viral...
China won’t ban bond trading but sees risk in buying frenzyThe People's Bank of China clarified that it does not intend to ban legitimate investments or trading in government bonds but issued warnin...
Amazon in talks to buy MGM movie studio: ReportThe status of Amazon's discussions with MGM is unclear and it is possible no deal may result.
iPhone 12 production spoiling air quality in China: ReportAccording to analysts, they have seen an increase in nitrogen dioxide levels in the air. This pollutant is a direct cause of increased indu...
Saudi Arabia's National Commercial Bank buys Samba Financial Group in $14.8 bn dealThe bank will control some USD 223 billion in assets and a market capitalisation of USD 46 billion after the merger wins regulatory approva...
India's second-oldest mutual fund wary on debt from financiersIL&FS shocked India’s credit markets with missed payments on commercial paper and other short-term borrowings starting in August
In China, trading begins on WeChatChina does have policies about message record-keeping, but it’s unclear to what extent they are enforced.
OYO acquires rival ZO RoomsIn a consolidation of business in the hotel aggregation segment, OYO Rooms has acquired its rival Delhi-based ZO rooms.
- Citi converts US bailout funds into 34% govt stake
Citigroup finalised plans Wednesday to convert its US Treasury capital injection into common stock, a move that gives the government a majo...
- Bank run prompts USD 500 mn infusion in Hong Kong
Hong Kong injected nearly $ US 500 mn into the financial system on Thursday to shore up liquidity a day after the Bank of East Asia was hit...
- The week that changed Wall Street forever
Restoring stability in banking system could cost up to one trillion dollars
- Gloom from US financial crisis infects Europe
The earthquake that began in the US subprime housing market has shaken Europe. Gainers & Losers I Sectoral: Gainers, Losers I Gainers & Los...
- Deutsche Bank mulls buying Deutsche Postbank
Deutsche Bank AG, confirming market rumors and conjecture, said that it is in what it called advanced talks with Deutsche Post about taking...
- Lehman Brothers in freefall as hopes fade for new capital
Shares of Lehman Brothers went into a freefall as hopes faded for an injection of fresh capital for the ailing Wall Street investment bank.
- Wachovia names Treasury undersecretary as new CEO
Wachovia Corp, the fourth-largest U.S. bank, named Treasury Undersecretary Robert Steel chief executive on Wednesday, ending a nearly six-w...
- Bear Stearns bailed out by Fed, JPMorgan
The Fed responded swiftly to pleas from Bear Stearns that its coffers had "significantly deteriorated" within a 24-hour period. How to pick...