Stocks

Bloomberg Recent weakness in India’s red-hot property stocks could be short-lived as record low interest rates and an economic recovery from the pandemic fuel demand from an increasingly affluent middle class. That’s the view from market watchers, who see large listed firms emerging as biggest beneficiaries amid an ongoing consolidation in $200 billion sector. While the S&P BSE Realty Index …

Bloomberg Jardine Matheson Holdings Ltd group stocks have turned from some of Singapore’s best performers to the worst this year amid a resurgence of coronavirus infections in Southeast Asia. Shares of the venerable trading firm, which gets more than half of its annual revenue from Southeast Asia, dropped 8.6% last month, ranking it among the worst performers on the Straits …

Bloomberg Warren Buffett shocked Tokyo markets last August with a $6 billion bet on the country’s five largest trading houses. One year on, his investments are paying off. Amid the surge in commodity prices, the collective value of Berkshire Hathaway Inc’s stakes in the five “sogo shosha” has risen by about $2 billion. That gain of more than 30% has …

Bloomberg Stocks climbed, led by some of the world’s largest technology companies. Traders also assessed the impacts from Tropical Storm Ida, which sank insurers and energy firms, while pushing gasoline higher. The S&P 500 notched its 12th all-time high in August, and the Nasdaq 100 rallied as Apple Inc’s market value topped $2.5 trillion. Robinhood Markets and Charles Schwab Corp. …

Bloomberg Chinese technology shares climbed on Monday after recording their best weekly advance since January as bargain hunters continued to load up on the beaten-down sector. The Hang Seng Tech Index rallied 1.1%, led by live streaming giant Kuaishou Technology and Alibaba Health Information Technology Ltd. Food delivery company Meituan erased earlier losses and rise 1.5% ahead of its results, …

Bloomberg Stocks in Europe and US futures were steady on Monday, bolstered by Jerome Powell’s signal that pandemic-era Federal Reserve policy support will be withdrawn cautiously and gradually. Contracts on the S&P 500 were little changed and those on Nasdaq 100 edged higher after a record Wall Street close in the wake of Chair Powell’s Jackson Hole speech, while the …

Bloomberg Delta cases. Inflation. Fed tapering. China’s crackdown. These are among the reasons why investors could soon get more nervous about this stock market. The S&P 500 hit another record after Jerome Powell’s dovish taper speech reassured investors. However, the mood seems more cautious compared with a few weeks ago, when companies were in the middle of a record-setting earnings …

Bloomberg Chinese tech stocks’ best weekly rally since January may not be enough to persuade some investors to return to a market still reeling from an unprecedented private-industry assault. JPMorgan Asset Management is waiting for clearer policy signals, while Amundi believes Beijing’s new focus on data protection means uncertainty will remain high for internet companies. Martin Currie Investment Management, which …

Bloomberg Stocks and US futures were steady as a rebound in Chinese technology shares stalled and markets settled into a holding pattern ahead of the Federal Reserve’s Jackson Hole policy symposium later this week. The Stoxx Europe 600 index posted a modest gain at the open, while contracts on the S&P 500 and Nasdaq 100 fluctuated after the indexes reached …

Bloomberg Securities and Exchange Commission (SEC) Chair Gary Gensler has a warning for hundreds of Chinese companies that have raised billions of dollars in US markets: Submit to more scrutiny soon or get kicked out. In an interview, he pledged to strictly enforce a three-year deadline that requires Chinese firms to permit inspections of their financial audits. If businesses refuse, …