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+92 213 453 4222info@learntrade.com.pkEuropean equity futures point to a strong open, following a tech-led rally in Asia and fresh data that rekindled hopes for US interest rate cuts.
Iron ore climbed to the highest level in seven weeks after Fortescue Ltd., the fourth-biggest producer, said full-year shipments are likely to be at the lower end of guidance after disruptions hit supplies at mines in Western Australia.
Some of the world’s biggest energy trading companies are returning to metals, years after getting burnt in the notoriously difficult markets.
The US has warned of sanctions risks for Pakistan after the government in Islamabad signed security and economic deals with Iran during a visit by President Ebrahim Raisi to the South Asian country.
Chinese developer Country Garden Holdings Co., one of the biggest symbols of the nation’s broader property debt crisis, won approval to push back payments on three yuan bonds, people familiar with the matter said, staving off its first local default for now.
A rally that has seen European bank stocks outpace both US peers and the Nasdaq over the last three years faces a key test in coming days when most of the region’s major lenders report results.
Some of the world’s biggest energy trading companies are returning to metals, years after getting burnt in the notoriously difficult markets.
The US has warned of sanctions risks for Pakistan after the government in Islamabad signed security and economic deals with Iran during a visit by President Ebrahim Raisi to the South Asian country.
Chinese developer Country Garden Holdings Co., one of the biggest symbols of the nation’s broader property debt crisis, won approval to push back payments on three yuan bonds, people familiar with the matter said, staving off its first local default for now.
A rally that has seen European bank stocks outpace both US peers and the Nasdaq over the last three years faces a key test in coming days when most of the region’s major lenders report results.
Oil held a gain as a report showed lower US crude stockpiles, and traders weighed the possible fallout from fresh sanctions on Iran.
A former Jane Street Group trader who moved to Millennium Management ridiculed his former employer’s claims that he used its secret strategy to make a killing at his new job in India’s options market.
Foreign investors have sold Indonesian stocks for 15 straight days, the longest stretch since January 2023, on expectations of a prolonged period of higher interest rates and a stronger US dollar.
The founders of India’s renewable energy firm Continuum Green Energy Ltd. have hired Deutsche Bank AG to raise a $200 million loan to fund a stake purchase from its majority shareholder, according to people familiar with the matter.
Chinese investors, an increasingly influential force in Hong Kong’s stock market, have been scooping up state-owned enterprises in their recent buying spree.
Even in an age of instant communication and live financial data, investors still have to wait days to take ownership of the stocks they purchase or to receive payment for the stocks they sell. That’s about to change. Starting on May 28, 2024, US trades will “settle” (complete the exchange of dollars for stock) in one day rather than two. Experts say US banks, brokers and investors will have to review all of their post-trade technologies and procedures to ensure they are ready for the new pace of
Activist short sellers such as Daniel Yu of Gotham City Research, Nathan Anderson of Hindenburg Research and Carson Block of Muddy Waters Capital are getting more attention, as they increasingly use social media to push well-timed claims of weak fundamentals, improper accounting or outright fraud at publicly traded companies. These short sellers often present their findings as research, but they’re also interested parties that stand to gain if the target company’s stock drops. While some accusat
Hong Kong is set to follow in the footsteps of the US by listing a batch of cryptocurrency exchange-traded funds, providing a window on whether the city is making progress on fashioning a hub for digital assets.
Digital payments company Block Inc., formerly known as Square, has finished the development of its Bitcoin mining chip as Chief Executive Jack Dorsey continues to advocate for a more accessible and decentralized system — an effort he’s championed since 2021.
The hedge fund world appears to be finding the siren song of memecoins irresistible.
Just six days before its planned retail expansion, the crypto exchange Crypto.com postponed its launch in South Korea so it can communicate further with regulators.
Some of the world’s biggest energy trading companies are returning to metals, years after getting burnt in the notoriously difficult markets.
Chinese developer Country Garden Holdings Co., one of the biggest symbols of the nation’s broader property debt crisis, won approval to push back payments on three yuan bonds, people familiar with the matter said, staving off its first local default for now.
A rally that has seen European bank stocks outpace both US peers and the Nasdaq over the last three years faces a key test in coming days when most of the region’s major lenders report results.
A former Jane Street Group trader who moved to Millennium Management ridiculed his former employer’s claims that he used its secret strategy to make a killing at his new job in India’s options market.
Foreign investors have sold Indonesian stocks for 15 straight days, the longest stretch since January 2023, on expectations of a prolonged period of higher interest rates and a stronger US dollar.
The founders of India’s renewable energy firm Continuum Green Energy Ltd. have hired Deutsche Bank AG to raise a $200 million loan to fund a stake purchase from its majority shareholder, according to people familiar with the matter.
Chinese investors, an increasingly influential force in Hong Kong’s stock market, have been scooping up state-owned enterprises in their recent buying spree.
India’s key measure of equity risk expectations slid to a record low Tuesday, as investors awaited the outcome of the six-week long national election.
The People’s Bank of China ramped up its verbal pushback against the rally in long-term government bonds, warning of a reversal and hinting that a mismatch between market prices and the economic outlook will be corrected.
Iron ore climbed to the highest level in seven weeks after Fortescue Ltd., the fourth-biggest producer, said full-year shipments are likely to be at the lower end of guidance after disruptions hit supplies at mines in Western Australia.
Global investors have cut holdings of Hindustan Unilever Ltd. to a four-year low as the company grapples with weak consumer demand and rising competition.
Chinese farmers are keeping the fewest pigs for breeding since 2020, offering hopes that the industry is on the cusp of sustained profitability after years of losses.
China’s local credit yields have fallen to the lowest level ever as investors load up on corporate bonds to boost returns in a financial system awash in liquidity.
Indian rates traders have pushed back expectations for an interest-rate cut way too far and that creates an opportunity in the swaps market, according to Bank of America Corp.
Silchester International Investors, a London-based firm that has advocated for corporate change in Japan, disclosed it has taken a stake in Nikon Corp., pushing the shares up by the most in almost three years.
Gold was steady ahead of US data due later this week that may shed more light on the Federal Reserve’s rate path.
Hedge fund Appaloosa LP became the latest to sue over the $17 billion wipeout of high-risk bonds last year that was part of the deal to save Credit Suisse Group AG from a full-scale collapse.
Oil held a gain as a report showed lower US crude stockpiles, and traders weighed the possible fallout from fresh sanctions on Iran.
BDT & MSD Partners is nearing a deal to sell the firm’s majority stake in Marquette Transportation Co. to Redwood Capital Investments, the family office of Jim Davis and Steve Bisciotti, according to people with knowledge of the matter.
China’s private oil refiners could seek to buy more cargoes whose origin has been obscured as they prepare for fresh US sanctions on Iranian exports, ensuring crude continues to flow to the world’s top importer.
Fortescue Ltd., the world’s fourth-biggest iron ore miner, said it expects full-year shipments of the steelmaking material to be at the lower end of its guidance after disruptions at its Western Australian mines.
Matador Resources Co. pumped more oil than expected in the first three months of 2024 at a time when most US producers have pledged flat to moderate output growth this year.
Gold’s record-setting rally this year has puzzled market watchers as bullion has roared higher despite headwinds that should have held it back. With prices sagging this week, the explanation may lie in China.
The weakening rupiah is weighing on Indonesian companies that are facing a wall of maturing dollar debt.
Chinese companies are increasingly bumping up their dividend payouts, a sign that a regulatory push for higher shareholder returns is bearing fruit.
A prominent Canadian technology investor joined the chorus of Canadian businesses criticizing Prime Minister Justin Trudeau’s decision to raise the capital-gains tax, arguing it will cause capital flight from the country.
Banco del Estado de Chile has hired banks to arrange investor calls for the potential sale of Additional Tier 1 dollar bonds, according to people familiar with the matter.
EQT Corp., the largest US producer of natural gas, is now taking output cuts through May as prices hover near four-year lows because of weak demand. The company also reduced its sales guidance for 2024.
The London Metal Exchange is imposing new rules surrounding the movement of metal in its warehousing network, taking aim at a lucrative and complex trading opportunity that emerged after the imposition of sanctions on Russian metal earlier this month.
Cielo SA, the Brazilian payments company controlled by two of the country’s largest lenders, is taking a step toward delisting its stock.
Traders in the US interest-rates market have started to put on wagers that the Federal Reserve will refrain from cutting borrowing costs this year.
Brazil is stepping up protections for its steelmakers amid an influx of cheap imports led by China, by imposing an import quota system on 11 types of alloy products.