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Stock market news from the US and around the world. Our news team reports on market moving events around the world, that traders need to know in order to stay on top of developments in the companies whose stocks they trade.
HONG KONG (Reuters) – Shares of China’s Shimao Group dropped 15% to HK$0.73 on Monday, their lowest since Sept. 26, after the property developer obtained a liquidation petition. Shimao mentioned on Friday CPYM Hyperlink Funding had filed a liquidation petition…
By Rajasik Mukherjee (Reuters) -Shares of Australia’s Insignia Monetary hit a greater than three-year excessive on Monday as a bidding warfare escalated, with personal fairness agency Bain Capital elevating its provide to A$2.87 billion ($1.76 billion), in step with rival…
(Reuters) – Proxy advisory agency Possession Issues stated on Monday it recommends that shareholders of Sigma Healthcare vote in favour of Chemist Warehouse’s reverse takeover of the pharmaceutical firm, citing important shareholder worth. Sigma Healthcare will conduct a shareholder assembly…
By Kevin Buckland and Kiyoshi Takenaka TOKYO (Reuters) -Japan Prime Minister Shigeru Ishiba requested U.S. President Joe Biden to allay considerations within the Japanese and U.S. enterprise communities over the standing of Nippon Metal’s deliberate acquisition of U.S. Metal. Ishiba…
Investing.com– Asian shares fell sharply on Monday led by losses in Australian and Hong Kong shares as buyers reassessed the chance of U.S. rate of interest cuts following stronger-than-expected payroll information launched final week. Inventory markets in Japan have been…
By Joey Roulette CAPE CANAVERAL, Florida (Reuters) -Jeff Bezos stated he doesn’t assume SpaceX CEO Elon Musk will use his shut ties with U.S. President-elect Donald Trump to undercut his house firm Blue Origin, including he feels “very optimistic” concerning…
Investing.com– Bernstein analysts have hailed December 2024 as a transformative second for Chinese language online game builders, highlighting the worldwide successes of Tencent Holdings (OTC:TCEHY) Ltd’s (HK:0700) ‘Path of Exile 2’ and NetEase Inc’s (HK:9999) ‘Marvel Rivals’. These video games signify…
Investing.com– UBS analysts have elevated their worth goal for Delta Air Strains Inc (NYSE:DAL), citing sturdy income per obtainable seat mile (RASM) progress and bettering earnings estimates for 2025 and 2026. UBS hiked the goal to $90 from $88 and…
WASHINGTON (Reuters) – U.S. President Joe Biden on Sunday met nearly together with his counterparts from Japan and the Philippines to advance cooperation among the many three nations, the White Home stated. The three leaders mentioned trilateral maritime safety and…
Investing.com – Australia shares have been decrease after the shut on Monday, as losses within the IT, Financials and Client Discretionary sectors led shares decrease. On the shut in Sydney, the S&P/ASX 200 declined 1.23%. The perfect performers of the…