Stock Market

Business News Stock Market

Goldman Sachs flagged Morgan Stanley block trades to Hong Kong regulator – FT

(Reuters) – Wall Street bank Goldman Sachs (NYSE:GS) reported rival Morgan Stanley (NYSE:MS) to Hong Kong’s financial regulator over a series of block trades, or large sales of shares, the Financial Times.

Read More
News Stock Market

Radisson Hotel Group plans Asia-Pacific expansion as travel restrictions ease

MANILA (Reuters) – Radisson Hotel Group plans to add 150 hotels in Asia-Pacific this year as it banks on travel, tourism, and economic recovery in the region, its CEO said.

Read More
Business News Stock Market

Discounter Pepco’s first-half sales up 17.5% on new store openings

LONDON (Reuters) – Pepco Group, owner of European discount retailer brands PEPCO, Poundland and Dealz, reported on Thursday a 17.5% increase in first-half revenue, driven by new store openings. The.

Read More
Business News Stock Market

CNOOC Defies Bleak Market to Soar in Shanghai Debut

By Gina Lee Investing.com – Chinese oil company CNOOC Ltd.’s shares surged as much as 44% in its debut on the Shanghai Stock Exchange (SSE (LON:SSE)) on Thursday. The company raked in.

Read More
News Stock Market

Asian Stocks Down, China Keeps Prime Loan Rate Steady

By Gina Lee Investing.com – Asia Pacific stocks were mostly down on Wednesday morning, with U.S. equity futures also on a downward trend. Sovereign bonds also continued a selloff as.

Read More
Business News Stock Market

French food group Danone keeps goals after strong start to 2022

PARIS (Reuters) – French food group Danone kept its financial goals for the 2022 full year after it delivered stronger-than-expected 7.1% sales growth in the first quarter amid a challenging.

Read More
News Stock Market

Credit Suisse expects Q1 loss as legal costs mount

By Michael Shields ZURICH (Reuters) -Credit Suisse Group expects to report a first-quarter loss after increasing legal provisions, seeing business activity slow and taking a hit from the fallout of.

Read More
News Stock Market

KKR leads record $14.8 billion bid for Australia’s Ramsay Health Care

By Scott Murdoch and Harish Sridharan (Reuters) – A group led by KKR & Co (NYSE:KKR) made an unsolicited near-$15 billion bid for Ramsay Health Care Ltd on Wednesday, underlining.

Read More
News Stock Market

Analysis-Positive real yields may spell more trouble for U.S. stocks

By Lewis Krauskopf NEW YORK (Reuters) – A hawkish turn by the Federal Reserve is eroding a key support for U.S. stocks, as real yields climb into positive territory for.

Read More
News Stock Market

Stocks wobble as China lockdowns drag; yen wallows

By Tom Westbrook SINGAPORE (Reuters) – Oil and stock markets were under pressure on Wednesday on worries about the fallout from China’s pandemic lockdowns, while the yen slightly extended its.

Read More