dow-jones
Schneider Electric Shares Fall 2.7% After Deal to Buy Cognite
Schneider Electric Shares Fall 2.7% After Deal to Buy Cognite
dow-jones
Bitcoin Remains Under Pressure After Hitting 21-Month Low — Market Talk
0704 GMT - Bitcoin stays weaker after reaching a 21-month low overnight as expectations for U.S. interest-rate rises weigh. The Fed's signals about potential rate rises at the June meeting remains the dominant macro narrative with markets expecting tightening as soon as September, Nexo analyst Iliy…
dow-jones
Eurozone Bond Yields Rise; Inflation Data Awaited — Market Talk
Eurozone government bond yields open higher, tracking rising U.S. Treasury yields. Focus turns to the flash estimate of eurozone inflation, due at 0900 GMT. Headline annual inflation is expected to have decelerated in June to 3.0% from 3.2% previously, according to the Wall Street Journal's poll of…
NEWS dow-jones
Dollar Rises on Fed Tightening Bets — Market Talk
0648 GMT - The dollar rises as traders continue to bet on the Federal Reserve raising interest rates this year and digest the latest developments in the Middle East conflict. The dollar should remain strong until the Iran war is over, Commerzbank's Antje Praefcke says in a note. Only then would it…
dow-jones
Frasers Centrepoint Could Use Sale Proceeds to Fund Asset Enhancement — Market Talk
Frasers Centrepoint Trust is likely to use its improved debt capacity from the sale of its White Sands property to fund its existing asset enhancement initiatives, says DBS Group Research's Tabitha Foo in a note. The Singapore-listed real-estate investment trust likely sold White Sands to de-risk i…
dow-jones
Associated British Foods Sugar Unit Weighs on Business Ahead of Primark Spinoff
(06:01 GMT) *Associated British Foods: Had Resilient 3Q Trading Performance (06:01 GMT) *Associated British Foods: Retail Environment Remained Challenging in Most Markets (06:02 GMT) *Associated British Foods: Primark Continued to Strengthen in 3Q (06:02 GMT) *Associated British Foods: Grocery and…
dow-jones
Galderma's U.S. Launch for Relfydess Likely to Be Delayed Beyond 2026 — Market Talk
Galderma was hit by another U.S. Food and Drug Administration rejection for its Relfydess product and a U.S. launch this year no longer seems likely, Vontobel's Stefan Schneider says in a research note. The exact timing of the potential launch remains unknown as the Swiss skincare specialist awaits…
NEWS dow-jones
Japan Intervention Pause Likely Strategic, Not Nod to Weaker Yen — Market Talk
The Japanese Ministry of Finance's recent monthlong pause on foreign-exchange intervention was likely a strategic one rather than an approval of a weaker yen, says SMBC Nikko Securities economist Junichi Makino. The finance ministry likely judged that it would be wiser to pause currency interventio…
dow-jones
Galderma Application for Product to Rival Botox Turned Down Again by FDA
By Adria CalatayudGalderma's application for its latest product to rival AbbVie's Botox was declined by the U.S. Food and Drug Administration after a manufacturing-site inspection, three years after a prior submission was also turned down.The Swiss skincare specialist said Wednesday that it is putt…
dow-jones
LG Energy Solution Shares Fall 3.9% to Close at KRW348,000
LG Energy Solution Shares Fall 3.9% to Close at KRW348,000
dow-jones
Nordic Stocks Tipped to Open Slightly Lower — Market Talk
Nordic markets are seen opening slightly lower, with IG calling the OMXS30 down 0.1% at around 3200. In the second quarter around $8 trillion was added to the S&P 500, with the market seeing through geopolitical turmoil and betting heavily on AI trading, SEB chief emerging market strategist Erik Me…
Mitsubishi Materials: No Assurance That Listing Will Be Approved by Tokyo Stock Exchange
Mitsubishi Materials: No Assurance That Listing Will Be Approved by Tokyo Stock Exchange
dow-jones
Schneider Electric's $3.1 Billion Cognite Deal Raises Questions Over Price — Market Talk
Schneider Electric's proposed $3.1 billion acquisition of industrial AI-enabled software provider Cognite fits within the French engineering group's strategy, but the price of the deal raises questions, Bernstein analysts say in a research note. "Investors will heavily scrutinize the price paid, wi…
NEWS dow-jones
Kospi Falls as Chip, Battery Stocks Retreat
Kospi Falls as Chip, Battery Stocks Retreat
dow-jones
DMCI Holdings Target Price Lowered to PHP9.42 From PHP11.82 by SB Equities >DMC.PH
DMCI Holdings Target Price Lowered to PHP9.42 From PHP11.82 by SB Equities >DMC.PH
NEWS dow-jones
Dollar Looks Deeply Overbought Vs. Yen on Daily Chart — Market Talk
The dollar looks deeply overbought against the yen, based on a relative strength index of 81.4 on daily chart, Sucden Financial's research team says in commentary. This raises the probability of a corrective pullback of the dollar toward the 20-day simple moving average near 161 yen or structural s…
Mitsubishi Materials: Cement JV With UBE Applies for Listing on Tokyo Stock Exchange
Mitsubishi Materials: Cement JV With UBE Applies for Listing on Tokyo Stock Exchange
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
dow-jones
CMC Markets Backs FY27 Operating Expenses Views Excluding Variable Remuneration of About GBP280M
CMC Markets Backs FY27 Operating Expenses Views Excluding Variable Remuneration of About GBP280M
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