Coverage of global finance, stock markets, banking, investing, and economic policy. Clear reporting and analysis to help readers understand money, markets, and the forces shaping business worldwide.
Markets around the world entered the week with a growing unease as investors grappled with sharply higher valuations in artificial intelligence related stocks and the prospect that speculative froth could be forming in the technology sector. After a prolonged run of gains that propelled a narrow set of companies to
U.S. equity markets closed sharply lower on Thursday as a renewed sell off in artificial intelligence linked stocks rippled through major indices. The Dow Jones Industrial Average finished the session down roughly 400 points while the Nasdaq Composite fell about 1.9 percent, marking one of the more pronounced
European equity markets lost ground on Thursday as a busy corporate reporting schedule kept investors on edge and sectoral dispersion widened across major bourses. Benchmarks in Frankfurt Paris and London finished lower after a session defined by mixed earnings news and cautious repositioning ahead of next week’s macro releases.
The Bank of England held its key interest rate at four percent after a narrow vote by the Monetary Policy Committee, a decision that highlights growing divisions among policymakers as the central bank approaches the government’s Autumn Budget later this month. The committee voted five to four to keep
Wall Street is poised to reward employees with the largest year on year bonus increase since 2021 as stronger revenues across trading desks and a rebound in dealmaking combine to swell compensation pools. Compensation consultants and industry recruiters say the boost will be broad based, touching front office and many
Toyota Motor posted a second consecutive quarterly decline in operating profit, missing analyst expectations as U.S. tariffs on imported vehicles and parts continued to squeeze margins and complicate the automaker’s global export strategy. The July to September quarter results showed weaker profitability despite resilient demand for hybrid models
U.S. stock futures tumbled early Monday with contracts linked to the Dow Jones Industrial Average falling by roughly 300 points as enthusiasm for artificial intelligence related stocks cooled. The pullback in the AI trade came after a string of big technology winners paused following recent gains and amid growing
Saudi Aramco reported higher adjusted net income for the third quarter as the world’s largest oil company increased output and maintained hefty cash returns to shareholders. The results underscored the producer’s capacity to generate resilient cash flow even as crude prices faced pressure during the quarter. Management highlighted
The migration of mutual fund strategies into exchange traded fund wrappers has accelerated this year as asset managers respond to investor demand for lower costs, greater trading flexibility and tax efficiency. What began as an industry experiment has become a broad structural shift that touches retail savers, financial advisers and
European equity markets opened the new trading month on an upbeat note with broad indices climbing as investors digested a mix of macro signals and corporate updates. Auto stocks outperformed, rising about 2 percent, after a series of industry specific updates and encouraging economic data from the euro area. The
Stock futures were little changed on Monday morning as traders opened a new month of trading and digested a mix of economic signals and corporate earnings ahead. The calm in the overnight session reflected a market in search of direction after a run of strong late summer gains and ahead
The United States heads into a packed economic week with investors parsing three intertwined forces that could reshape market expectations. The Federal Reserve remains the central focus after recent comments from policymakers signalled a cautious stance on rates. At the same time a softer than expected jobs report could unsettle
Showing 12 of 130 total posts
Stay up to date with curated collection of our top stories.