Page 11 - Global Stock Markets

Global stocks steady, gold at three-month high on inflation concerns

Markets have been skittish in recent weeks as bumper supplies of central bank stimulus and rising prices in the United States and other countries fuel concerns some economies could overheat

George Soros bought up stocks linked to Bill Hwang's Archegos implosion

A person familiar with the fund's trading said the company didn't hold the shares prior to Archegos's implosion

World stocks hit record high as technology shares cheer on Wall Street

Global stocks hit record highs on Friday, as tech shares on Wall Street cheered receding US inflation fears, with the lack of inflation pressure keeping bond yields near two-week lows

Global shares lifted to record highs by lockdown easing, benign Fed

Stocks in Europe reached record highs, buoyed by optimism in Britain over easing lockdown restrictions, while a benign outlook for US interest rates was set to push Wall Street to new heights

Be prepared for a volatile phase as risks to markets on a rise: Analysts

Investors, they say, need to keep a tab on how the US treasury yields move, which in turn will have a ripple effect on how big money moves across developed (DMs) and emerging markets (EMs)

SPACs look to India for next wave of acquisition targets, says Nomura

Nomura also expects more initial public offerings in India this year, with sentiment buoyed by the post-debut performance of recently listed companies

How SPACs can help make Indian firms a key part of global listed markets

At a time when many Indian firms are eyeing overseas listing and many SPACs are looking at targets in Asia to offer better deals to shareholders, the SPAC structure offers a win-win solution to both

Asia stocks skid as global inflation fears, tech woes hit Wall Street

Japan's Nikkei 225 was down 1.8 per cent while Hong Kong's Hang Seng index futures lost 1.69 per cent

Global indices rejig likely to push flows into domestic stock markets

The FTSE Global Equity Index Series introduced changes to its indices last week, which will become effective March 19

Global stock markets set for the longest winning streak since 2003

But Indian indices slip from record highs in volatile session

India's market crosses Rs 200 trn m-cap, is seventh most valuable globally

The feat comes a day after the Sensex closed above the coveted 50,000-mark. In dollar terms, the market cap is $2.75 trillion-seventh highest globally

Asian shares set to end 2020 at record high, riskier currencies in favour

Asian shares edged up and were set to end a tumultuous 2020 at record highs, while growing investor hopes for a global economic recovery caused the dollar to fall further against most major currencies

70% Chinese firms with military ties included in major global indices: US

At least 70 per cent of Chinese companies with ties to the Chinese military have affiliates whose securities are included in major stock indices, said State Department

Global shares edge up on news Donald Trump signs pandemic aid bill

Global shares ticked up on Monday as a source said US President Donald Trump signed into law a $2.3 trillion pandemic aid and spending package he had until now refused to sign

Asian stocks touch record high on prospect of large US economic package

Asian shares scaled a record high on the growing prospect of a large US economic package, while hopes that vaccine rollouts will boost the global economy underpinned investor sentiment

Gold set for worst month in 4 years as vaccine news pulls stocks to highs

Gold slipped and was on track for its worst month in four years, as optimism over a Covid-19 vaccine-led economic rebound that propelled equities to record highs dulled the metal's safe-haven appeal

Asian stocks hit record high as investors set aside Covid-19 fears

Asian equities hit a record high on Monday as investors set aside fears about rising coronavirus cases and bought stocks, cheered by data showing a robust recovery in China and Japan

Global trends, Covid developments to drive markets in coming week: Analysts

Investors' focus will move to global trends and developments on the Covid-19 pandemic front amid lack of any major domestic trigger in a holiday-shortened week ahead, analysts said

Chinese banks biggest winners from new regulations that botched Ant IPO

Merchants Bank, known as the retail bank king in China, has soared 18% in Hong Kong this month, its biggest seven-day advance in more than five years

Asian stocks mixed after Wall Street rose amid US election voting

Asian stock markets were mixed Friday after Wall Street rose amid protracted vote-counting following this week's US elections. Tokyo and Sydney advanced while Shanghai and Hong Kong declined. Seoul swung between gains and losses. Markets are betting on control of the US Congress being split between Republicans and Democrats, which could mean low taxes and light regulation that investors like stay in place. On Wall Street, the benchmark S&P 500 index closed 1.9 per cent higher. It is moving toward its biggest weekly gain since April. I find it remarkable how relaxed these markets are under the circumstances, said Craig Erlam of Oanda in a report. Hopefully, the faith investors have shown is rewarded, because the last thing we need is an extremely messy conclusion to what has already been a hostile and divisive election. The Shanghai Composite Index lost 0.5 per cent to 3,302.02 while the Nikkei 225 in Tokyo gained 1.1 per cent to 24,367.35. The Hang Seng in Hong Kong shed 0.3 per