The Nikkei 225 Index pulled back on Monday as traders focused on the Japanese yen’s weakness and the potential actions from the BoJ. It also fell a bit ahead of crucial macro data from Japan. It was trading at 69,230, a few points below the year-to-date high of 72,750.Japan stocks…
The Kospi Index retreated by over 1.5% today, July 6, as foreign investors continued to sell their shares ahead of Samsung Electronics’ preliminary earnings report. It was trading at 7,947, down by 15% from its highest point this year.Foreign investors are selling South Korean stocksThere are signs that the Kospi…
TSMC stock is hovering near its 52-week high as analysts grow more confident that the world’s most important contract chipmaker still has room to run.Taiwan-listed shares recently traded around NT$2,445-NT$2,465, close to their 52-week high of NT$2,535.The latest push comes after Citi Research raised its price target to NT$3,800 from…
Asian markets started the week with a more careful tone as investors moved from macro relief to earnings scrutiny.Lower oil prices have eased one of the biggest inflation worries, while softer US payrolls have reduced the pressure for an immediate Federal Reserve rate hike.That should normally help risk assets. Instead,…
Shares of easyJet jumped about 10% on Monday to a four-year high after the airline agreed in principle to accept a £5.5 billion ($7.3 billion) takeover offer from US investment firm Castlelake, potentially paving the way for one of the biggest deals in the European aviation sector this year.The budget…
Nvidia stock (NASDAQ: NVDA) remained in focus on Monday after a SemiAnalysis report revealed that its next-generation Kyber NVL144 rack-scale architecture has reportedly been delayed by more than 12 months. The research firm said that the product is now expected to launch in 2028 instead of its previously anticipated 2027…
The proposed £5.5 billion takeover of easyJet by US investment firm Castlelake has become the latest example of overseas buyers targeting London-listed companies, highlighting how Britain’s valuation discount is fuelling a record year for mergers and acquisitions even as concerns grow over the shrinking size of the country’s public equity…
Top FTSE 100 Index stocks, including BAE Systems, Babcock International, and IAG, are rising today, even as the index remains stuck within a narrow trading range at its highest point since March this year. IAG shares are rising after the EasyJet buyout and falling jet fuel pricesIAG, the parent company of…
US futures pushed higher on Monday as Wall Street tried to extend last week’s rally with help from two familiar supports: steadier chip stocks and cheaper oil.The Dow is coming off a record close, while the S&P 500 and Nasdaq remain underpinned by hopes that the AI trade is broadening…
The Nikkei 225 Index pulled back on Monday as traders focused on the Japanese yen’s weakness and the potential actions from the BoJ. It also fell a bit ahead of crucial macro data from Japan. It was trading at 69,230, a few points below the year-to-date high of 72,750.Japan stocks…