Cambricon’s shares dive 14% after red-hot China AI rally cools
Cambricon Technologies shares tumbled by the most in nearly eight months after investors cashed out of one of the more spectacular Chinese stock rallies of 2025. Shares of the AI chip…
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Freedom Caucus faithful rally as leaders leave Congress to seek higher office
The wave of House Freedom Caucus members leaving Congress is only the natural progression of a movement that is spreading far and wide, according to State Freedom Caucus Network President…
China’s margin trades surge to record as stock rally extends
The world’s second-biggest stock market has embarked on a surprise rally in recent months, partly reflecting optimism that China’s breakthroughs in artificial intelligence and efforts to…
China’s margin trades surge to a record amid stock rally
Chinese investors are borrowing a record amount of cash to buy local stocks, further fuelling a months-long rally that has largely been driven by liquidity. The outstanding amount of…
Huge Gaza Protest Marches Toward Venice Film Festival as Thousands Attend Rally
The Venice Film Festival on Saturday became the focus of possibly the largest protest ever seen at a major film event over Israel’s ongoing military assault on Gaza. Thousands, young and…
Singapore stocks extend rally on Friday; STI up 0.4%
Across the broader market, gainers beat losers 314 to 202, as 1.2 billion securities worth S$1.4 billion change hands The local bourse finished the week on a cheerful note amid rising…
Wave of director acquisitions as local rally takes a breather
Over the five trading sessions from Aug 15 to 21, institutions were net sellers of Singapore stocks, with net institutional outflow of S$53 million after the heavier S$465 million in net…
Zoom has biggest rally in a year after giving strong forecast
Zoom Communications shares soared as much as 9.8 per cent after the company delivered a stronger-than-expected forecast, suggesting that customers are buying more of its expanded line of…
Intel’s US$25 billion rally sends valuation to dot-com levels
The company’s premium valuation is largely a reflection of just how much its profitability has collapsed in recent years After months of turbulence, Intel bulls are finally being…
Pop Mart earnings may fuel rally as shares trail price target
Pop Mart’s first-half earnings and outlook commentary may provide a fresh reason for investors to build positions in the shares after a months-long consolidation. The toymaker’s…
China stocks rally to decade-high on easing tariff tensions, fund rotation
China stocks closed at their highest level since 2015 on Monday (Aug 18), extending a months-long rally driven by easing trade tensions and abundant liquidity, while pushing market…
Malaysia ringgit’s rally not over yet as analysts eye rate cuts
Analysts are now focusing on the potential benefits of lower domestic rates, with currency sentiment further buoyed by government structural reforms that may support long-term growth …
US: S&P 500, Nasdaq retreat from record rally after hot producer inflation data
The S&P 500 and the Nasdaq retreated from record highs on Thursday (Aug 14), after a hotter-than-expected producer prices report dampened investor expectations of potential…
US: S&P 500, Nasdaq drift to fresh records, extending rally
Wall Street stocks pushed higher on Wednesday, lifting the S&P 500 and Nasdaq to fresh records as markets extended a rally following data showing US inflation remains stable.…
Ether leads weekend crypto rally as treasury buyers boost token
The rise comes off the back of mounting interest in the second-ranked cryptocurrency among large investors Second-ranked cryptocurrency Ether outpaced rivals over the weekend to…
Wall Street bonus pool to grow as bank revenue boosted by rally
The outlook for Wall Street bonuses is improving, with payouts now set to rise across most sectors of the finance industry as the market rebounds. After a tepid start to the year,…
Asia: Markets track Wall Street rally on Fed rate cut bets
Stock markets rose on Tuesday as investors grow increasingly confident the Federal Reserve will cut interest rates next month, despite concerns about the US economy and Donald Trump’s…
Gold succumbs to profit-taking after US jobs data-fuelled rally
Gold prices slipped on Monday (Aug 4) as investors booked profits after a sharp rise in the previous session following weaker-than-expected US jobs data that boosted expectations…
Carvana’s 10,000% rally from low deals US$7 billion blow to shorts
Carvana’s shares notched an all-time high this week, rising more than 10,000 per cent from a low in late 2022, and delivering a blow to investors betting against the online used-car…
US: Stocks end lower after strong start as rally fades
Wall Street stocks finished lower on Thursday, shrugging off strong gains by Microsoft and Meta as traders await key US employment data and a White House tariff deadline. Facebook parent…
Richest Indonesian adds US$20 billion to wealth on energy rally
Billionaire Prajogo Pangestu’s fortune is soaring once again, a sharp reversal from the precipitous falls that erased billions over the past year. The 81-year-old, who is Indonesia’s…
Macau casino bulls see stock rally extending as revenue grows
Eased travel policy and railway improvements are among the factors seen keeping the uptrend going Macau casino stocks are poised to continue their recent outperformance as special…
Global markets rally following Trump’s tariffs deal with Japan
Global shares rallied on Wednesday, with Tokyo’s benchmark Nikkei 225 index gaining 3.5% after Japan and the U.S. announced a deal on President Donald Trump’s tariffs. France’s CAC 40…
Asia: Tokyo’s Nikkei leads rally after Japan-US trade deal
Tokyo stocks rallied with the yen on Wednesday after Japan and the United States finally hammered out a trade deal to slash Donald Trump’s tariffs, including those on the crucial car…