Rally
China bond traders draw red lines as PBOC gears up to calm rally
BOND traders are getting ready for China to start pushing back on record-low yields, with the central bank now armed with “hundreds of billions” of yuan of securities at...
Singapore stocks rally; STI closes 0.6% higher
SINGAPORE’S Straits Times Index (STI), cued by record-high closings on Wall Street overnight, rose 21.62 points or 0.6 per cent to 3,426.09 on Tuesday (Jul 9).The S&P 500 and...
Japan’s Nikkei marks record closing high as chip-related shares rally
Japan’s Nikkei share average rose to a record close on Tuesday (Jul 9), with chip-related stocks following their US peers higher, as investors awaited testimony from Federal Reserve Chair...
Hong Kong dollar rally seen peaking in July after dividend boost
THE Hong Kong dollar’s gains against the greenback are expected to peak this month, after getting a boost from hefty dividend payments from firms listed on the city’s stock...
Hedge funds that piled into big Tesla short stung by huge rally
HEDGE funds piled into short bets against Tesla right before the electric vehicle (EV) maker unveiled a set of numbers that triggered a hefty share-price rally.About 18 per cent...
Oil posts weekly gain as hurricane, stockpile drop extend rally
OIL posted its fourth straight weekly advance, with declining US stockpiles and Hurricane Beryl extending crude’s early-summer rally. West Texas Intermediate fell to settle near US$83 a barrel on...
Nvidia gets rare downgrade on valuation concerns after rally
Nvidia’s breakneck rally since the start of last year has finally run out of room to push higher, according to New Street Research analyst Pierre Ferragu.Ferragu downgraded the artificial...
Nvidia gets rare downgrade on valuation concerns after rally
Nvidia’s breakneck rally since the start of last year has finally run out of room to push higher, according to New Street Research analyst Pierre Ferragu.Ferragu downgraded the artificial...
