Stocks

  Bloomberg Global stocks extended a rally as Federal Reserve officials cautioned against disruptive policy tightening and US companies signaled another strong earnings season. US index futures swung from gains to losses in line with volatile moves seen over the past several days. Futures on the Nasdaq 100 Index were little changed, while those on the S&P 500 Index were ...

  Bloomberg India’s benchmark bond yields surged to the highest in two and a half years after the government unveiled plans to issue record amount of bonds in the next financial year. The selloff was exacerbated as the annual budget announcement lacked the widely expected measures to facilitate inclusion of the nation’s debt into global bond indexes. Elevated bond sales ...

  Bloomberg European stocks and US index futures rise, and a gauge of global equities pared its biggest monthly drop since March 2020, as investors bet corporate earnings will continue to grow amid aggressive tightening by the Federal Reserve. The Stoxx 600 gauge advanced for a fourth time in five days. Technology shares in Asia and Europe caught up with ...

  Bloomberg Infrastructure, rural development and health-care stocks are among analysts’ top picks as India’s government is set to step up spending in a budget aimed at kickstarting investment to boost growth. Construction spending, including on roads and ports, as well as incentives for electric mobility and renewable energy are likely going to be a focus in Finance Minister Nirmala ...

  Bloomberg US futures fall with European stocks as concern about tighter policy lingered at the end of a volatile week, overshadowing strong earnings from Apple Inc. Futures on the S&P 500 extended a drop, while those on the Nasdaq 100 gave up gains of as much as 1.4%. Apple rises in premarket trading. Losses in tech and auto shares ...

  Bloomberg Indian stocks are facing the longest run of foreign outflows in five years, an exodus that’s stalling the market’s steady surge from pandemic lows in March 2020. Foreign institutional investors have been net sellers every month since September, dumping $7.9 billion worth of local shares since. The four-month streak of withdrawals is set to be the longest since ...

  Bloomberg Weeks of fretting over the Federal Reserve’s plan to combat inflation with higher interest rates is coming to fruition as Asian stock markets tumble into the bear markets and technical corrections. The MSCI Asia Pacific Index slid as much as 2.7% on Thursday, pushing it down more than 17% from its recent high, after Fed Chair Jerome Powell ...

  Bloomberg South Korea’s LG Energy Solution soared in its first day of trading in Seoul, following the country’s biggest initial public offering on record. The world’s second-largest battery maker soared to close 68% above its IPO price of 300,000 won, even as the nation’s benchmark Kospi tumbled into a bear market. Now worth over $98 billion, it’s bigger than ...

  Bloomberg Thailand is considering taxing stock trading for the first time in more than three decades, and making crypto traders part with a share of their profits, as the government hunts for revenue to fund billions of dollars in pandemic relief. Prime Minister Prayuth Chan-Ocha’s government is expected to decide by end-January on the method and rate of taxing ...

  Bloomberg Microsoft Corp shares rise in late trading, reversing an earlier decline, after the software giant gave a forecast that reassured investors the company’s Azure cloud-computing business still has potential to drive growth. Earlier, Microsoft had reported quarterly sales that topped $50 billion for the first time and profit that exceeded analysts’ estimates, fuelled by cloud, gaming and Windows ...