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GLOBAL MARKETS-Stocks gain on Fed easing hopes, yen locked in intervention zone
Asian stocks shine as U.S. rate cut expectations grow Yen perks up but intervention focus remains China property stocks down as Vanke seeks extensionBy Ankur Banerjee SINGAPORE, Nov 27 (Reuters) - Asian stocks rose on Thursday and the dollar was soft on growing expectations of an interest rate cu...
Reuters
Thu, Nov 27
GLOBAL MARKET-Stocks gain on Fed easing hopes, yen locked in intervention zone
Asian stocks shine as U.S. rate cut expectations grow Yen perks up but intervention focus remains China property stocks down as Vanke seeks extensionBy Ankur Banerjee SINGAPORE, Nov 27 (Reuters) - Asian stocks rose on Thursday and the dollar was soft on growing expectations of an interest rate cu...
Reuters
Thu, Nov 27
HK Movers|Crypto Stocks Gained. Memestrategy Up 8%; Yunfeng Fin, IVD Medical And Grandshores Up 5%; Boyaa, Sinohope And Linekong Up 4%
HK Crypto Stocks Gained. Memestrategy up 8%; Yunfeng Fin, IVD Medical and Grandshores up 5%; Boyaa, Sinohope and Linekong up 4%.
Tiger News
Thu, Nov 27
South African rand steady as investors eye developments with US; domestic PPI data awaited
JOHANNESBURG, Nov 27 (Reuters) - The rand held steady in early trade on Thursday, as cautious traders awaited further updates after U.S. President Donald Trump said he would not invite South Africa to the G20 summit next year.At 0603 GMT the rand traded at 17.13 against the dollar ZAR=D3, near its p...
Reuters
Thu, Nov 27
Russian IT firm Basis to launch IPO in December
MOSCOW, Nov 27 (Reuters) - Russian IT company Basis said on Thursday it plans an initial public offering (IPO) on the Moscow Exchange.The size of the offering and the price range will be disclosed before the start of bookbuilding, which is scheduled for December, the company said.Russian state-owned...
Reuters
Thu, Nov 27
Broadcom Shares Rocket over 3% to Hit Record High After Goldman Sachs Hikes PT to $435 from $380
Shares of Broadcom rise 3.26% to $397.57, hitting a new record high, after Goldman Sachs raised its price target on Broadcom to $435 from $380.The firm kept its Buy view and set a clear focus on the company’s coming results on December 11. The bank said investors will look for signs of steady growth
Broadcom Inc
Tiger News
Thu, Nov 27
Wedbush's Ives Lists Top 10 Tech Stocks to Own into Year-End
Wedbush is doubling down on its bullish outlook for the technology sector, arguing that despite rising “AI Bubble” chatter, the market is still in the early stages of a multi-year investment cycle.Wedbush analyst Dan Ives stated that “despite all the AI Bubble talk…to the contrary we have seen ~20% ...
Tiger News
Thu, Nov 27
Crypto Daily|S&P Downgrades Tether's USDT Stability To "Weak"; Senate Targets Dec. 8 For Crypto Market Structure Bill Markup
Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsTether Stablecoin Stability Rating Reduced to ‘Weak’ at S&PThe ability of Tether’s USDT stablecoin to maintain its peg to the US dollar has been downgraded to the l...
Tiger News
Thu, Nov 27
UK Stocks-Factors to watch on November 27
Nov 27 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Thursday, with futures FFIc1 down 0.12%.UK BUDGET: British Finance Minister Rachel Reeves delivered her budget statement to parliament on Wednesday, taking more tax from workers, people saving for a pension and investors ...
Reuters
Thu, Nov 27
Nvidia rebuts critics in memo to analysts amid pushback campaign
SAN FRANCISCO, Nov 26 (Reuters) - Nvidia NVDA.O, the world's most valuable company, has gone on the defensive against skeptics of its $4.5 trillion valuation, down from a historic $5 trillion, by waging an information campaign on Wall Street and social media.
NVIDIA Corp
Reuters
Thu, Nov 27
MORNING BID EUROPE-Is the dollar headed for the carvery?
A look at the day ahead in European and global markets from Tom WestbrookAs markets settled in for the U.S. Thanksgiving lull on Thursday, the dollar was drifting towards its largest weekly decline in at least four months and traders' thoughts were turning to 2026. FRX/It seems the rest of the w...
Reuters
Thu, Nov 27
China's tech giants move AI model training overseas to tap Nvidia chips, FT reports
Nov 27 (Reuters) - Top Chinese firms are training their artificial intelligence models abroad to access Nvidia's NVDA.O chips and avoid U.S. measures aimed at curbing their progress in advanced technology, Financial Times reported on Thursday.Alibaba 9988.HK and ByteDance are among the tech grou...
Reuters
Thu, Nov 27
Whirlpool of India drops after block deals at discount
Whirlpool of India WHIR.NS drops 11.2% to 1,065.90 rupeesStock set to snap three-session gaining streakPromoter entity Whirlpool Mauritius will sell up to 9.5 mln shares in WHIR at floor price of 1,030 rupees per share through block deal, NDTV profit reported citing term sheet - a 14.2% discount to ...
Reuters
Thu, Nov 27
India's Ashoka Buildcon rises as unit sells stake in SPVs
Shares of Ashoka Buildcon ABDL.NS rise nearly 3% to 183 rupees, set for third straight session of gains if trend holdsStock on track for best session since Oct 31The construction firm's unit Ashoka Concessions Limited sells entire stake in five special purpose vehicles (SPVs) for about 18.14 bil...
Reuters
Thu, Nov 27
GLOBAL MARKETS-Stocks rise on Fed easing hopes, yen locked in intervention zone
Asian stocks shine as U.S. rate cut expectations grow Yen frail as intervention focus sharpensChina property stocks down as Vanke seeks extensionBy Ankur Banerjee SINGAPORE, Nov 27 (Reuters) - Asian stocks rose on Thursday and the dollar was soft on growing expectations of an interest rate cut fr...
Reuters
Thu, Nov 27
Australian Tech stocks rise as tech optimism returns to WallStreet
Australian technology stocks .AXIJ rise 2.7%, on track for strongest session since August 29 if gains hold Sub-index tracks wallstreet counterpart Nasdaq's .IXIC rally overnight driven by upbeat results from AI server maker Dell Technologies DELL.N reviving tech strength Sector constituents Wise...
Reuters
Thu, Nov 27
Communications Equipment Stocks Shined. Fibocom Up 10%; CIG And Suncorp Tech Up 7%; ISP Global Up 5%; YOFC Up 4%
Communications Equipment Stocks Shined. Fibocom up 10%; CIG and Suncorp Tech up 7%; ISP Global up 5%; YOFC up 4%.
Tiger News
Thu, Nov 27
HK Movers|New Consumption Stocks Jump. Pop Mart up 8%; Chicmax, MNSO, Mao Geping and Bloks up 3%; Laopu Gold up 2%.
HK New Consumption Stocks Jump. Pop Mart up 8%; Chicmax, MNSO, Mao Geping and Bloks up 3%; Laopu Gold up 2%.
Tiger News
Thu, Nov 27
Nikkei rises more than 1% as tech stocks rally on Wall Street strength
By Junko FujitaTOKYO, Nov 27 (Reuters) - Japan's Nikkei share average rose more than 1% on Thursday, extending gains to a third session, as technology heavyweights tracked their Wall Street peers higher.The Nikkei .N225 climbed 1.2% to 50,144.19 by 0123 GMT, crossing the key 50,000 level for the...
Reuters
Thu, Nov 27
HK Movers|Mainland Real Estate Dropped; China Vanke Down 7%; Shimao Down 5%; Seazen, Longfor And LVGEM Down 4%
Mainland Real Estate Dropped; China Vanke Down 7%; Shimao Down 5%; Seazen, Longfor And LVGEM Down 4%
Tiger News
Thu, Nov 27
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