Stock Market & Investment News

HONG KONG (Oct 9): Top Glove Corp, the world’s biggest rubber glove maker, is considering raising more than US$1 billion from a listing in Hong…

NEW YORK (Oct 9): While good business news has been in short supply, investors may take slight comfort in coming weeks from US corporate earnings…

The dollar recouped lost ground against most peer currencies. EUR-USD settled to near net unchanged levels near 1.1750 after ebbing back from a 1.1781 high, which was set in early London trading. Dollar weakness had been a driver earlier. More dovish remarks have come from ECB policymakers, who have recently let it be known their […]

The dollar has traded softer, inversely correlating with rallying stock markets on Wall Street. S&P 500 E-minis are up 0.7%, while the cash version of the index closed yesterday with a 1.7% gain. Progress in the piecemeal approach to pandemic support packages in the U.S. along with positive news from the Covid vaccine and treatment […]

After heading slightly higher following the steady initial jobless claims and large drop in continuing claims, the Dollar pulled back some through the morning session. The DXY peaked at 93.77 early, later slipping to 93.59 lows. USD-major trading ranges remained relatively narrow. Wall Street stumbled after speaker Pelosi said she would not accept targeted stimulus(airlines, […]