News
Important Only
Should You Buy Singapore REITs After the US Fed Rate Cut?
Due to the expectation of a rate cut in the market, the unit prices of Singapore's real estate investment trusts (REITs) are constantly rising.Then, last week, the US Federal Reserve finally implemented its first rate cut in nine months.As of now, the stocks of leading companies in industries such a...Tiger News
7 minutes ago
HK Movers | Xiaomi Stock Drops 5% After Debuting a $630 Answer to iPhone 17
XIAOMI-W stocks fell 5% in Hong Kong trading.Xiaomi Corp.’s billionaire co-founder unveiled a $630 smartphone designed to take on the just-released iPhone 17, underscoring the Chinese company’s broader ambitions to take on US rivals from Apple Inc. to Tesla Inc.The Xiaomi 17, which will be offered ...Tiger News
29 minutes ago
Trump slaps fresh US tariffs on heavy trucks, drugs and furniture
Trump cites national security concerns for new round of tariffsShare price of pharma firms from Japan to Australia sink100% tariff on branded drugs waived only if ground broken on US factoryUS Chamber of Commerce opposes truck tariffs, says top import sources are alliesBy David Shepardson WASHING...Reuters
44 minutes ago
INDIA STOCKS-India equity benchmarks to open flat; pharma in focus after US tariffs on branded drugs
Sept 26 (Reuters) - India's equity benchmarks are likely to open little changed on Friday, but the sentiment will be one of caution as tariff worries resurfaced after U.S. President Donald Trump announced a 100% levy on branded drugs and 25% on heavy-duty trucks.Gift Nifty futures GIFc1 were tra...Reuters
47 minutes ago
GLOBAL MARKETS-Stocks slump as Trump slaps new tariffs, Fed cut bets recede
Trump announces new tariffs from October 1Pharmaceutical stocks fall, most indexes downFed easing expectations recede on U.S. economic resilienceDollar rebounds, nears 150 yenBy Rae Wee SINGAPORE, Sept 26 (Reuters) - Shares in Asia slid on Friday, with pharmaceutical companies hit hard after ...Reuters
50 minutes ago
Stocks struggle as Trump slaps new tariffs, Fed cut bets unwind
SINGAPORE, Sept 26 (Reuters) - Asia shares got off to a shaky start on Friday after U.S. President Donald Trump unveiled a fresh round of punishing tariffs and as traders pared bets of sharp U.S. rate cuts following stronger-than-expected economic data.Reuters
an hour ago
Aussie healthcare stocks drop after Trump's latest tariff plan on pharmaceuticals
** Australian healthcare stocks .AXHJ fall as much as 2.5%, their lowest level since November 6, 2023** The biotech giant CSL CSL.AX falls as much as 4.1% to A$189.80, its lowest level since April 23, 2019** Telix Pharmaceuticals TLX.AX down as much as 3.9%, among the biggest drags in the S&P/AS...Reuters
an hour ago
South Korean shares set to snap 4-week rally on US tariff woes
KOSPI falls, foreigners net sellersKorean won weakens against dollarSouth Korea benchmark bond yield rises SEOUL, Sept 26 (Reuters) - Round-up of South Korean financial markets:** South Korean shares slumped on Friday, and were on track to post their first weekly loss in five, as traders assessed...Reuters
an hour ago
Japan's Topix hits record high despite US tariffs on pharma
By Kevin Buckland TOKYO, Sept 26 (Reuters) - Japan's broad Topix index rose to an all-time high on Friday, despite pressure from pharmaceutical shares following new tariffs on the sector from the White House overnight.The tech-heavy Nikkei index, however, retreated from a record-high close se...Reuters
an hour ago
24H | XPeng Jumps 5%; Rare Earth Stocks Rise With The Metals up 4%, NioCorp and MP Materials up 2% Each
XPeng ADRs jumped another 5% in overnight trading after a 4.6% in prior trading session. He Xiaopeng, Chairman and CEO of XPeng mentioned during a speech at a forum that the group has been developing flying cars for 12 years, and it will truly mass produce and begin delivering the world's first "car...Tiger News
2 hours ago
HK Movers | EV Stocks Gain; XPeng up 6%; Leapmotor up 4%; Chery Auto, Nio up 3%
EV stocks rose in Hong Kong. XPeng rose 6%; Leapmotor rose 4%; Chery Auto, Nio rose 3%; BYD rose 2%; Li Auto rose 1%.XPeng and Alibaba Strengthen Partnership to Include Security AlgorithmsChinese tech giant Alibaba Group has announced on Thursday that it is further expanding its cooperation agreemen...Tiger News
2 hours ago
PRECIOUS-Gold eases as dollar firms; US inflation data awaited
Sept 26 (Reuters) - Gold edged lower on Friday after stronger-than-expected U.S. economic data cast doubt on the Federal Reserve's rate cut outlook and lifted the dollar, while investors awaited U.S. inflation data due later in the day for further direction.FUNDAMENTALS* Spot gold XAU= declined ...Reuters
2 hours ago
24H｜Lithium Americas Surges 7%; Paccar Jumps 6%; Intel Gains 2%; Alphabet Rises 0.8%; Opendoor Drops 3%
Lithium Americas shares gained another 6.9% in overnight trading after soaring 140% in two days. The shares jumped 22.6% on Thursday and soared 95.8% on Wednesday. Reuters reported that the Trump administration is seeking up to a 10% stake in the miner.US President Donald Trump on Thursday announced...Tiger News
3 hours ago
RPT-COLUMN-Fed could abandon 'illusion of precision' with inflation range: McGeever
By Jamie McGeeverORLANDO, Florida, Sept 25 (Reuters) - There's little prospect of the Federal Reserve changing its 2% inflation target right now. But the composition of the Fed's board is changing and Jerome Powell's term as Fed Chair expires in May, so could discussions about an alterna...Reuters
3 hours ago
Wall Street indexes finish lower, data raises uncertainty for rate-cut outlook
NEW YORK Sept 25 (Reuters) - U.S. stocks ended moderately lower on Thursday, with most S&P 500 sectors down as economic data increased uncertainty over the outlook for interest rate cuts from the Federal Reserve.Reuters
3 hours ago
Costco tops quarterly estimates as Americans seek bargains amid inflation
Sept 25 - Costco Wholesale COST.O beat fourth-quarter revenue and profit estimates on Thursday, as Americans hunting for bargains flocked to the membership-only retail chain to snap up lower-priced essentials.Reuters
3 hours ago
Concentrix plummets after quarterly profit estimate miss
** Shares of customer experience firm Concentrix CNXC.O plummet 22.6% to $42.55 after the bell** CNXC posts Q3 adj. EPS of $2.78, below estimates of $2.87, according to data compiled by LSEG** Sees Q4 adj. EPS between $2.85 and $2.96, also below consensus estimate of $3.32** CNXC reports Q3 revenue ...Reuters
3 hours ago
Rothschild Redburn Initiates Oracle Stock with Sell Rating, Citing Overvalued Cloud Revenue
Rothschild Redburn initiated coverage on Oracle with a Sell rating and a price target of $175.00 on Thursday.The research firm stated that the market "materially overestimates the value of Oracle’s contracted cloud revenues," suggesting investors are pricing in optimistic scenarios that may not mate...Tiger News
3 hours ago
Post-Bell | U.S. Stocks Close Lower; Opendoor Surges 11%; Intel Jumps 9%; Tesla Drops 4%; Oracle Sinks 6%
U.S. stocks ended moderately lower on Thursday, with most S&P 500 sectors down as economic data increased uncertainty over the outlook for interest rate cuts from the Federal Reserve.Market SnapshotThe Dow Jones Industrial Average fell 173.96 points, or 0.38%, to 45,947.32, the S&P 500 lost 33.25 po...Tiger News
4 hours ago
Organogenesis falls after joint disease therapy fails to meet late-stage study goal
** Shares of Organogenesis ORGO.O fall 11.1% to $4.16 in extended trade** Company says its experimental therapy, ReNu, did not meet the main goal in its second late-stage trial for knee osteoarthritis, despite showing numerical improvement in pain reduction** Knee osteoarthritis is a degenerative jo...Reuters
5 hours ago
