UBS posts top and bottom line Q2 beat
Swiss banking giant UBS posts a second-quarter beat on both the top and bottom line with a net profit of $1.1bn. The lender’s global wealth management arm also notched $27bn of net new assets. Japanes...
14 Aug 202426min
Japanese stocks rebound as yen stabilises
Japanese stocks are up 3 per cent after the public holiday weekend as a less volatile yen helps to allay market jitters. GOP presidential nominee Donald Trump sits down with X owner Elon Musk for a wi...
13 Aug 202424min
U.S. equities bounce back
U.S. stocks fall just short of a complete recovery following what was the most volatile trading week of the year so far. Asian markets start the news week in the green. Ukrainian president Volodomyr Z...
12 Aug 202425min
Strong jobless data boosts S&P 500
Better-than-expected jobless data boosts the S&P 500 to its best session in almost 2 years, allaying recent recession fears. However, Asian equities falter late in the session with markets failing to ...
9 Aug 202424min
Siemens Q3 income soars by almost 50%
Siemens net income surges by almost 50 per cent in Q3 and the firm confirms its FY guidance despite some orders slowing. Japan’s Nikkei 225 pares losses as Wall Street ends back in the red. JPMorgan e...
8 Aug 202424min
Wall Street snaps 3-day losing streak
Wall Street is back in the green after a three-day losing streak and the rebound continues across Asia as the BoJ’s deputy governor waters down talk of any further rate hikes in the near future. Democ...
7 Aug 202422min
Japanese stocks rebound
Japanese stocks bounce back with the Nikkei on track for its best session since 2008. U.S. futures are also set to gain following a near-wipeout on Wall Street after the Dow fell by 1,000 points. Kama...
6 Aug 202423min
Nikkei 225 in bear market territory
Japan’s Nikkei 225 sees further selling, plunging the index into bear market territory while the South Korean KOSPI is on track for its worst session since the Covid pandemic. The Nasdaq suffers its w...
5 Aug 202427min
