Trading

Tech leads way to Wall Street rebound as Powell promises steady hand

Wall Street rebounded Tuesday as Federal Reserve Chairman Jerome Powell vowed not to raise rates too quickly as the dollar…

4 years ago

U.S. Fed bank stress tests pave way for stock buyback, dividend bonanza

The country's largest lenders are poised to start issuing as much as $130 billion in dividends and stock buybacks from…

4 years ago

Canada has seen jump in insider trading, misconduct since pandemic start- regulator

Securities misconduct in Canada has risen sharply as perpetrators attempted to capitalize on pandemic-driven uncertainties, while social media frenzy surrounding…

4 years ago

Bitcoin steadies in Asia trading after Monday’s plunge

Bitcoin stabilised in Asian trading on Tuesday morning a day after a statement from China’s central bank reaffirming the ongoing…

4 years ago

Wall St rebounds after Fed-induced pullback

Wall Street's main indexes were set to open higher on Monday as financials and energy stocks rebounded after hawkish comments…

4 years ago

Explainer: Mystery behind slump in India’s Adani Group company shares

Shares of companies controlled by Indian billionaire Gautam Adani recorded their biggest weekly losses ever. The six stocks cumulatively lost…

4 years ago

U.S. labor market healing despite unexpected rise in weekly jobless claims

The number of Americans filing new claims for unemployment benefits increased last week for the first time in 1-1/2 months,…

4 years ago

‘Meme’ stock prices may not properly reflect demand -NYSE president

The prices of so-called meme stocks may be distorted because the majority of trades in those names are executed away…

4 years ago

Analysis: DAMAC delisting plan piles pressure on shrinking Dubai market

Dubai’s stock market is set for another delisting, raising a question mark over the future of one of the Gulf’s…

4 years ago

S&P 500, Nasdaq hit record closing peaks on eve of Fed meeting

The S&P 500 and Nasdaq eked out record high finishes on Monday, despite most traders being focused on this week’s…

4 years ago