Business
The new Great Wall: China’s $70 billion, 2,700-mile water transfer mega-project
Throughout history, China has reshaped its geography to meet its growing needs. And now, it is undertaking what may be the largest…
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Wall
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US: Wall Street ends lower, capping a banner year
WALL Street lost ground on Tuesday (Dec 31) as investors closed the book on a remarkable year for equities, during which the US stock…
Business
Asia: Stocks mostly down after Wall St losses
ASIA stocks mostly fell in thin holiday trade on Monday (Dec 30) after tech losses killed off the traditional year-end lift on Wall Street…
Business
Tokenisation has become Wall Street’s latest favourite crypto buzzword
BITCOIN’S record-breaking rally is rekindling hope that the digital-ledger technology that underpins cryptocurrencies will revolutionise…
Business
Chinese EV makers hit EU wall as tariffs inflate cost of imports
CHINESE automakers captured their smallest share of Europe’s electric vehicle (EV) market in eight months after new tariffs added as much…
Business
Asia: Markets track Wall Street rally as US inflation eases rate worries
ASIAN markets rose on Monday (Dec 23)after big gains on Wall Street, with traders welcoming below-forecast US inflation data that tempered…
Business
US: Wall Street falls at open on concerns over rate outlook
WALL Street’s main indices dropped at the open on Friday (Dec 20) on fears over high interest rates next year, although a…
Business
US: Wall Street opens little changed as markets brace for Fed
WALL Street’s main indexes opened flat Wednesday (Dec 18), as investors turned cautious ahead of the Federal Reserve’s final rate decision…
Business
US: Wall St opens higher after Broadcom’s upbeat forecast
WALL Street’s main indexes opened higher on Friday (Dec 13) after an upbeat forecast from Broadcom kept alive the euphoria around…
Business
Wall Street banks predict biggest China rate cuts in a decade
CHINA’S central bank will deliver the biggest interest-rate cuts in a decade next year as policymakers intensify efforts to shore up…
Business
US: Wall Street opens muted with jobs data in focus
WALL Street’s main indexes opened subdued on Thursday (Dec 5) following record high closes for all three main indexes in the previous…
Business
US: Wall St opens slightly lower ahead of data, Fed commentary
WALL Street opened a touch lower on Tuesday (Dec 3) after the S&P 500 and the Nasdaq notched record high levels in the last session, with…
Business
US: Wall St opens slightly higher as caution prevails in data-packed week
Wall Street’s main indexes opened flat-to-higher on Monday (Dec 2), with focus on a slew of economic data this week, while Intel shares…
Business
US: Wall St opens higher in shortened Black Friday session
US STOCKS opened slightly higher on Black Friday (Nov 29), with Wall Street’s main indexes set for monthly gains as the holiday shopping…
Business
US: Wall St opens higher as Trump’s Treasury selection boosts sentiment
WALL Street’s main indexes opened higher on Monday (Nov 25), with the blue-chip Dow scaling a record high, driven by investor optimism…
Business
US: Wall Street closes higher after business activity data
WALL Street closed higher on Friday (Nov 22), with all three major indexes posting weekly gains, as investors took comfort from data…
Business
US: Wall St opens higher after jobless claims data, Nvidia results
Wall Street’s main stock indexes opened higher on Thursday (Nov 21) after data reflected a robust labour market, and AI-heavyweight Nvidia…
Business
Wall Street ends lower after Powell erodes hopes for December rate cut
Wall Street’s main indexes closed lower on Thursday (Nov 14) after Federal Reserve chair Jerome Powell dampened investor hopes for another…
Business
Inflation data boots Wall Street as stocks hover near records
Wall Street moved slightly on Wednesday after fresh inflation data aligned with expectations, leaving investors anticipating further…
Business
US: Wall Street at record highs as post-election rally continues
WALL Street’s main indexes opened at record highs on Monday (Nov 11) as optimism on proposed tax cuts and expectations of an easier…
Business
Wall Street bets on new riches ahead in markets all-in on Trump
ALL year, a slew of Wall Street pros have questioned the durability of an indiscriminate risk rally that has fattened stock prices by…
Business
US: Wall Street hits all-time highs, Fed decision on tap
WalL Street’s main stock indexes hit record highs in the run-up to an interest-rate decision from the Federal Reserve on Thursday (Nov 7),…
Business
US: Wall St opens higher as Americans head to polls
US STOCK indexes opened higher on Tuesday (Nov 5), as voting began in a tightly contested presidential election, with traders girding up…
Business
US: Wall St opens higher, boosted by Amazon
Stock indexes opened higher on Friday (Nov 1), as Amazon’s strong earnings mitigated Apple’s weaker China sales and investors weighed a…