Stocks

Bloomberg This has been a year like no other. Hammered by an unprecedented health crisis, global stocks tumbled into a bear market at record speed, and then rallied to new highs thanks to a flood of central bank money. Bond yields tanked to uncharted lows and the world’s reserve currency surged to all-time highs, only to then retreat to its ...

Bloomberg Vaccine developers, electric-vehicle startups and a bankrupt car-rental company captured the imagination of individual investors in 2020 as Reddit chat rooms touted the so-called meme stocks as the next big winners. The wild swings reflected bets by individuals, many of them new to the market, who looked to brokerage apps like Robinhood Markets to pass the time during the ...

Bloomberg Indian debt and rupee may lure overseas investors in 2021, just like the nation’s equities with one caveat: the central bank will face more challenges in curbing the local currency’s gains against the greenback. Stocks have already attracted the biggest yearly inflows since 2012, adding to the woes for the Reserve Bank of India (RBI) that has been buying ...

Bloomberg European stocks rise after trade and transport links between the UK and its neighbours looked set to resume and Brexit negotiators made a final push for a deal. The Stoxx 600 Index rises as France agreed to end a suspension that crippled Britain’s busiest port after a new virus variant sparked more severe lockdowns. The pound advanced as the ...

Bloomberg In a year that saw a pandemic upend financial markets and economies around the globe, US companies and their largest shareholders raised a record $435 billion with stock sales. That’s far above the previous high of $279 billion set in 2014, according to data compiled by Bloomberg. The windfall shows how issuers have dramatically turned to capital markets amid ...

Bloomberg Stocks rebounded in Europe after their biggest drop in almost two months as Brexit talks continued and the US Senate passed a spending bill. The Stoxx 600 Index was 0.6% higher at the open as cyclicals staged a comeback following an outbreak of a new variant of the virus and a slew of lockdowns and travel curbs to contain ...

Bloomberg European stocks tumbled as a new strain of the coronavirus in the UK caused chaos ahead of the Christmas holiday, with regional neighbours suspending travel with the nation following another missed deadline in Brexit talks. Travel and energy shares dragged the Stoxx Europe 600 Index down around 2% at the open as Italy, the Netherlands, Belgium and France closed ...

Bloomberg Equity investors have given Singapore’s Sembcorp Industries Ltd. a big thumbs-up this year after it shed its loss-making marine unit. But 2021 may prove to be a lot less euphoric, according to analysts. The utilities firm is 2020’s top gainer on the benchmark Straits Times Index, after being the worst performer in the preceding five-year period. However, concerns over ...

Bloomberg Foreign investors may at last be returning to Japan’s stock market after a six-year selloff, amid the growing realisation of an opportunity that no other place can provide, a top fund manager says. Comgest Asset Management Japan Ltd. expects Japan’s profit growth to outpace that of the US, as corporate taxes will “almost certainly” rise under President Joe Biden. ...

Bloomberg Saudi stocks rallied on Sunday, putting them on track to be the Middle East’s best performers in 2020, a day after the Opec+ group pledged a more hands-on approach to the oil market. Equities in Dubai were among the region’s best performers amid optimism over a rebound in tourism. The main index in Riyadh gained 0.3% as of 10:20 ...