World shares fell while the dollar firmed on Monday as growth concerns tested investors’ mettle ahead of a week brimming with central bank meetings in countries including Norway, Sweden, Switzerland, Britain, the United States and Japan. The pan European index…
Read more
The U.S. dollar was just below a six-month high on Friday, having strengthened overnight following U.S. economic data, while the yen fell to 10-month lows. Markets were adjusting to a new outlook for central bank rate hikes after the European…
Read more
For years now, stock traders have been getting so rich betting big companies will get even bigger that they’ve forgotten what a bubble looks like. They’re going to find out thanks to Nvidia Corp. So says Rob Arnott, renowned for…
Read more
Hedge funds ditched short bets against U.S. regional banks as of the end of August and turned bullish on the broader U.S. financial sector, according to a Goldman Sachs note, just as bank stock prices began to rise. U.S. financial…
Read more
The 23rd China International Fair for Investment and Trade (CIFIT) will take place in Xiamen, Fujian Province in southeast China, from September 8 to 11. Since the first CIFIT was launched in the city in 1997, the event has become…
Read more
It is hard to find a good deal on a German car these days. Most German car stocks, on the other hand, are selling for cents on the dollar. There are solid reasons for the discrepancy: weakening consumer sentiment, trouble…
Read more
European shares rose on Thursday as financials received a lift from Swiss lender UBS’s decision to absorb Credit Suisse’s domestic bank, while investors braced for a barrage of key economic data due later in the day. The pan-European STOXX 600…
Read more
(Jonathan Brady/PA) (PA Archive) Nationwide cut rates on its mortgages hours after a top Bank of England policymaker indicated that the bank’s interest rates may be cut but will remain high for a long time Once again cut. Nationwide slashed…
Read more
UBS Group AG posted the biggest-ever quarterly profit for a bank in the second quarter as a result of its emergency takeover of Credit Suisse, and confirmed that it would fully integrate the local business of its former rival by next…
Read more
Think Nvidia’s monster year-to-date rally of 234% has gone too far? Think again, according to a recent note from Rosenblatt Securities. Rosenblatt set a Wall Street-high price target of $1,100 for Nvidia after its strong second-quarter earnings report, representing potential…
Read more
