wall street

Retail Asia28/06/2022

UBS is feeling underappreciated and seeking help from its US counterparts to increase its book value. UBS wants to be seen as a global bank with Swiss roots, and not just be seen, as now, as a European bank, something which it feels is hindering it from having a better market valuation. The board of […]

Retail Asia28/02/2019

Wall Street’s three major indexes ended higher on Monday but well below the session’s highs after President Donald Trump said he would delay a planned hike in tariffs on Chinese imports. Postponement of the tariff deadline was seen as the clearest sign yet the two countries were closing in on an agreement to end their […]

Retail Asia10/01/2019

Increasing optimism that China and the United States will be able to hammer out a deal to help ease their trade war provided the impetus for more gains across Asian markets today. After taking a battering in December and suffering a shaky start to 2019, confidence is slowly returning to equity trading floors, though dealers […]

Retail Asia24/12/2018

Tokyo led a rout of Asian shares today, mirroring big losses on Wall Street after the Federal Reserve (Fed) defied unprecedented pressure from US President Donald Trump and raised interest rates, sparking fears the move could choke economic growth. The Nikkei plunged to a 15-month low as investors took fright over the pace of monetary […]

Retail Asia05/12/2018

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Amazon briefly became the most valuable company on Wall Street in intraday trade on Monday, days after Microsoft dethroned long-time leader Apple. Amazon rose by 4.7 percent at one point, putting its market capitalization at $865.0 billion. At the same time, Apple traded up 2.1 percent, giving it a market capitalization of $864.8 billion. Microsoft, […]

Retail Asia23/11/2018

Bursa Malaysia was not spared the fallout from this week’s rout on Wall Street and the slump in crude oil prices, with the FBM KLCI sliding 15.34 points to close at 1,695.37 points today. Most sectoral indices on the local bourse ended in the red today, save those for construction, healthcare, utilities and the ACE […]

Retail Asia12/03/2018

Wall Street stocks surged Friday, with the Nasdaq ending at a record following a strong US jobs report and the announcement of a summit between the US and North Korea. However, uncertainty surrounding US President Trump’s tariffs plans and fears of a trade war kept a lid on gains in other markets, dealers said. The […]

Retail Asia21/02/2018

Bitcoin broke through the $11,000 mark over the weekend for the first time since the end of January as its price continues to slowly rise following a violent sell-off at the start of the month. The price of the cryptocurrency went as high as $11,279.18 on Sunday, its most elevated level since January 30, according to […]

Retail Asia07/02/2018

Asian stocks plunged Tuesday after a record-breaking loss on Wall Street, extending a global rout as panicked investors fret over rising US borrowing costs and cash in profits after months of market euphoria. Tokyo led a collapse throughout the region in early trade, diving more than five percent, while Hong Kong was down almost four […]

Retail Asia25/03/2016

WHAT do household terms Black Monday and the Mass Rapid Transit (MRT) have in common? They both originated in 1987, a remarkable year that saw the worst – and best – of the Singapore stock market, as well as the historic rollout of the Republic’s first MRT service. On Oct 19, stock markets around the […]

Tag: wall street

UBS Looks to Wall Street for Respect

Wall St rises after Trump stirs China trade hopes again

Asian stocks rise again on US-China trade talks optimism

Asian stocks slump after Fed raises interest rates

Amazon briefly edges out Apple to top Nasdaq

Bursa slips on Wall Street, oil price slump

US stocks rally after strong jobs report; Nasdaq ends at record

Bitcoin broke through $11,000 for the first time since January

Asian markets plunge as Wall Street rout spreads

1987: Year of market crashes and MRT rollout