NEWS dow-jones
South Korea's Kospi Ends 2.0% Lower at 8303.41
South Korea's Kospi Ends 2.0% Lower at 8303.41
German chemical sector gets temporary lift from Middle East disruptions, Ifo says
Business confidence in Germany's chemical industry improved sharply in June, helped by easing energy prices and a temporary boost in demand due to disruptions in the Middle East, a survey showed on Wednesday.The Ifo institute's index for sector confidence rose to -17.8 points from a seasonally adju…
trading-economics
The Nikkei 225 Index Closes 0.87% Higher
The Nikkei 225 Index rose 608 points or 0.87 percent on Wednesday to close at 70671 points.Leading the gains are Sumco (17.30%), Taiyo Yuden (13.33%) and Screen Holdings (9.32%).Top losers were Furukawa Electric (-8.25%), J Front Retailing (-8.16%) and Sapporo (-7.96%).
NEWS dow-jones
Nikkei Stock Average Closes 0.6% Higher at 70474.96, Led by Electronics Stocks
Nikkei Stock Average Closes 0.6% Higher at 70474.96, Led by Electronics Stocks
trading-economics
European Stocks Set for Softer Open
European equity markets were set to open slightly lower on Wednesday as the recent rally in global stocks lost momentum, while investors cautiously awaited a key US jobs report and Federal Reserve Chair Kevin Warsh’s remarks at the ECB Forum in Sintra, Portugal.European shares ended at record highs…
UK CMA Agrees To Fast-Track Reference To Phase 2 Probe Of Substantial Deal
UK's Competition and Markets Authority (CMA):
dow-jones
Topps Tiles Confident Over Delivering Medium-Term Ambitions
Topps Tiles Confident Over Delivering Medium-Term Ambitions
trading-economics
New Zealand Shares End 0.1% Lower
The NZX 50 fell 11 points, or 0.1%, to 13,611 on Wednesday, erasing gains from the previous session, mainly weighed down by losses in consumer staples, materials, utilities, and healthcare.The broader index retreated from its highest level since February 27, reached a day earlier, tracking a declin…
dow-jones
Associated British Foods: Retail Environment Remained Challenging in Most Markets
Associated British Foods: Retail Environment Remained Challenging in Most Markets
That's a lot of meat to digest
THAT'S A LOT OF MEAT TO DIGESTIt seems President Donald Trump's son-in-law Jared Kushner and envoy Steve Witkoff arrived in Doha for top-level meetings, only to be stood up by Tehran. One very sticky, sticking point is the Strait of Hormuz and whether Iran gets to charge for passage, and it's far f…
NEWS cnbctv
Elara Securities turns bullish on banks, power, IT after market correction
Bino Pathiparampil, Head of Research, Elara Securities (India), says Indian markets are nearing a medium-term bottom after a prolonged correction and is turning constructive on banks, power, select new-age companies, IT and real estate. While pharma remains a defensive bet, he expects margin pressu…
European Shares Poised For Soft Start Ahead Of US Jobs Data And Warsh Speech
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks are seen opening broadly lower on Wednesday as investors weigh U.S.-Iran tensions and await key U.S. economic data for additional clues on the outlook for U.S. monetary policy.American and Iranian officials are in Qatar, but Iran said it would no…
NEWS reuters
India bonds rise as index-entry hopes counter rise in US yields
By Khushi MalhotraIndian government bond prices started the quarter with gains on Wednesday as hopes of Bloomberg index inclusion and improved liquidity offset pressure from elevated U.S. yields and firmer oil prices after new hurdles emerged in U.S.-Iran peace talks.The benchmark 6.94% 2036 bond y…
NEWS dow-jones
Shanghai Composite Index Reverses Opening Loss; Last 0.8% Higher at 4125.92
Shanghai Composite Index Reverses Opening Loss; Last 0.8% Higher at 4125.92
Share and bond markets turn hesitant, dollar muscles yen
By Wayne ColeAsian share markets started the new quarter in a cautious mood on Wednesday as talks between the United States and Iran hit new hurdles, while investors stayed alert for possible Japanese intervention as the yen plumbed fresh 40-year lows.Tehran said on Tuesday it would not meet with t…
Indian shares rise led by autos; Mideast caution caps gains
By Bharath Rajeswaran and Vivek Kumar MIndian shares edged higher on Wednesday, led by gains in auto stocks as June sales data trickled in, but gains were capped as stalled U.S.-Iran talks clouded prospects for a lasting peace between the two countries.The benchmark Nifty 50 NSE:NIFTY rose 0.56% to…
Investors warm to European stocks eclipsed by Wall Street's AI glow
By Danilo MasoniLower crude prices following the Iran ceasefire are improving the near-term outlook for European equities, but many remain unconvinced this heralds a rotation away from the U.S. after several years of AI-driven earnings growth.The shift follows a drop in crude prices to near pre-war…
NEWS cnbctv
BlackRock sees India gaining as global investors rotate from Korea and Taiwan
BlackRock Investment Institute sees India as a potential beneficiary of a shift in global investor allocations as easing energy prices and improving geopolitical conditions strengthen the country's investment case, according to Ben Powell, Chief APAC & Middle East Investment Strategist at BlackRock…
dow-jones
Chinese AI Chip Maker Cambricon's Market Cap Briefly Tops 1 Trillion Yuan
By Sherry QinChinese artificial-intelligence chip company Cambricon Technologies became the first stock on a Nasdaq-like local venue to join the trillion-yuan club, only to lose the status on the following day amid heightened volatility.Cambricon's market capitalization surpassed 1 trillion yuan, e…
cnbctv
Inside the leadership change at Kotak Mahindra Bank
The markets were surprised by Ashok Vaswani’s decision to step down from Kotak Mahindra Bank, whose shares slid over 3% on the first trading day after the announcement.But many insiders saw the signs as early as January this year, when the bank onboarded 55-year-old Anup Saha as an executive direct…