Global financial investors are pouring into Hong Kong in a low profile way to stay under the radar and avoid undue attention because of rising geopolitical tension, said the head of the city’s de facto sovereign wealth fund. “We see a great velocity of [capital] flow, although in a very low profile way,” said Clara…
Several Wall Street firms hiked their year-end outlooks for the S & P 500 , citing continued strength in the artificial intelligence trade and easing concerns tied to tariffs. Deutsche Bank said the broad index can now ended the year at 7,000, up from 6,550. Wells Fargo said it expects the average to finish 2025…
One Wall Street strategist is wary of the near-term market outlook, even as the consensus grows more optimistic. JPMorgan equity strategist Dubravko Lakos-Bujas is worried the S & P 500 could suffer a near term pullback of roughly 5% to 8%, equal to the benchmark index slumping as low as 6,200 or 6,000, respectively, and…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 14, 2025. Brendan McDermid | Reuters With the desire to have private market exposure alongside publicly traded stocks gaining traction among investors, Morningstar has developed a benchmark to reflect the trend. The Morningstar PitchBook US Modern Market…
TOKYO (AP) — Global shares mostly rose Wednesday, echoing record rallies on Wall Street after the latest update on the job market bolstered hopes the U.S. Federal Reserve will cut interest rates. France’s CAC 40 rose 0.8 in early trading to 7,809.80. Germany’s DAX edged up 0.6% to 23,856.74. Britain’s FTSE 100 rose 0.2% to…
Oracle Chair and Chief Technology Officer Larry Ellison speaks at the Oracle OpenWorld conference in San Francisco on Sept. 16, 2019. Justin Sullivan | Getty Images News | Getty Images John DiFucci from Guggenheim Securities said he was “blown away.” TD Cowen’s Derrick Wood called it a “momentous quarter.” And Brad Zelnick of Deutsche Bank…
FRANKFURT, Germany — The head of Russia’s state-owned gas company Gazprom says it has a deal to build a pipeline to China, but there are many unanswered questions about the details of the agreement. On paper, the project — known as the Power of Siberia 2 — would give Russia a way to replace some…
Tesla‘s long-awaited arrival in India kicked off with a whimper rather than a bang, suggesting that the automaker’s global outlook may not be so rosy. What’s happening? According to Bloomberg, Tesla opened its Mumbai showroom in July with limited fanfare after nearly a decade of delayed promises to break into the Indian market. About a…
WASHINGTON — President Donald Trump’s aggressive trade and immigration policies are undermining relationships that have been cornerstones of American foreign policy to counter China’s growing influence, eroding years of diplomatic investments spanning administrations. The latest fracture came Friday, when hundreds of South Korean workers were detained at a Hyundai manufacturing plant in Georgia, a facility…
U.S. Health and Human Services Secretary Robert F. Kennedy Jr., testifies before a Senate Finance Committee hearing on President Donald Trump’s 2026 health care agenda, on Capitol Hill in Washington, D.C., U.S., September 4, 2025. Jonathan Ernst | Reuters President Donald Trump on Tuesday signed a memorandum that aims to crack down on direct-to-consumer prescription…