Few market events are more important than IPOs. The entry of new stocks into the mix keeps the markets fresh, brings new capital into the aggregate, and adds new options for investors. Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with…
In the second instalment of the two-part series on the outlook for the Hong Kong and mainland Chinese stock markets, Zhang Shidong and Yulu Ao look at the catalysts that could underpin the rally. Read part one here. When Chinese stocks hit a 10-year high this week, Jian Shi Cortesi saw it as a sign…
By Anshuman Tripathy and Aishwarya Jain (Reuters) -Caterpillar’s shares lost as much as 3% before the bell on Friday, a day after the heavy-equipment maker forecast higher tariff-related expenses for 2025, as companies scramble to assess the impact of shifting U.S. trade policy. Industrial machinery makers are facing higher costs and sluggish demand from U.S….
Fusion power startup Commonwealth Fusion Systems has raised $863 million from a long list of investors that includes Nvidia, Google, Breakthrough Energy Ventures, and more. “We’re continuing our trend here of looking into the world and saying, ‘How do we advance fusion as fast as possible?’” co-founder and CEO Bob Mumgaard told reporters in a…
Liquidity conditions in Hong Kong resumed tightening this week with a key money-market rate climbing above a level that some analysts say may stifle a nascent economic recovery. The benchmark one-month Hong Kong Interbank Offered Rate — or Hibor — jumped above the closely watched threshold of 3% Wednesday, reaching the highest since May. If…
By Summer Zhen HONG KONG (Reuters) -Global hedge funds ramped up their bets on China shares, with August on track to mark the biggest monthly buying since February, a Morgan Stanley note shows. Hedge fund buying has been “heavily skewed towards (onshore) A-shares” since early August, Morgan Stanley said, in stark contrast to the influx…
Ahead of Federal Reserve Chair Jerome Powell’s pivotal Jackson Hole address on Friday, cryptocurrency bettors are pricing in more than an 80% chance that the central bank cuts interest rates this year. On the prediction platform Polymarket, the likelihood that the Fed loosens its monetary policy on or before Dec. 31 stood at 85% at…
Check out the companies making headlines in midday trading: Coty — Shares of the beauty retailer plummeted more than 20% following its latest quarterly results. While its revenue of $1.25 billion beat the $1.20 billion that analysts surveyed by LSEG were expecting, it posted a loss per share of 5 cents, more than the 2…
WASHINGTON (Reuters) -U.S. President Donald Trump has bought more than $100 million in company, state and municipal bonds since taking office in January, his disclosures showed this week. The forms, posted online on Tuesday, show the billionaire Republican president made more than 600 financial purchases since January 21, the day after he was inaugurated for…
United States President Donald Trump participates in a Multilateral Meeting with European Leaders in the East Room of the White House in Washington, DC, US. Picture date: Monday August 18, 2025. Aaron Schwartz – Pa Images | Pa Images | Getty Images U.S. President Donald Trump has been on a multimillion-dollar bond-buying spree since taking…