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Wall Street rises, Nasdaq hits record high on US recovery hopes

Shivani Kumaresan and Sagarika Jaisinghani, Reuters
Posted at Nov 28 01:22 AM

Five of the 11 major S&P indexes were up by mid-morning, with information technology jumping 0.8% on demand for stay-at-home winners Apple Inc, Microsoft Corp and Nvidia Corp.   Read more »

'Data' issue stops day's trade on Sydney stock exchange

Agence France-Presse
Posted at Nov 16 01:13 PM

Trading was halted on Sydney's leading ASX stock market for almost all of Monday, as operators struggled to fix unspecified "market data issues". Read more »

Vaccine progress and Biden win power stocks to record peak

Danilo Masoni, Reuters
Posted at Nov 09 09:47 PM

World stocks climbed to new record highs on Monday as a promising vaccine development from Pfizer and expectations global trade ties will improve under U.S. President-elect Joe Biden boosted risk appetite. Read more »

Four new directors elected to PSE Board in compliance with SEC regulations

ABS-CBN News
Posted at Nov 02 05:53 PM

The Philippine Stock Exchange has four new members in its board of directors, the PSE announced Monday.  Read more »

BTS agency shares double on stock market debut

Agence France-Presse
Updated as of Oct 15 08:49 AM

Shares in the management agency of K-pop sensation BTS more than doubled in the opening minutes of trading on their stock market debut Thursday. Read more »

Converge ICT prices IPO at P16.80 per share, near bottom of guidance

Reuters
Updated as of Oct 09 10:58 AM

Converge ICT Solutions Inc on Friday priced its initial public offering (IPO) at P16.80 per share, near the bottom of an indicated range, in the country's second largest ever listing. Read more »

Tesla's quarterly report could land Musk another $3 billion

Noel Randewich, Reuters
Posted at Oct 07 05:37 AM

The electric car maker on Tuesday saw the six-month average of its stock market value hit $250 billion, a milestone toward triggering the fourth of 12 tranches of options to buy Tesla stock at a discount, granted to the billionaire in his 2018 pay package. Read more »

Converge ICT targets Philippines biggest IPO by tapping web boom

Anshuman Daga and Neil Jerome Morales, Reuters
Updated as of Oct 05 11:53 AM

Philippines' Converge ICT Solutions Inc is targeting the country's biggest initial public offering (IPO) after setting price terms to raise as much as $680 million, sources said, amid a boom in demand for fibre broadband during the pandemic.   Read more »

Airbnb aims to raise roughly $3 billion in IPO: sources

Anirban Sen and Joshua Franklin, Reuters
Posted at Oct 03 04:26 AM

Home rental company Airbnb Inc is aiming to raise around $3 billion in its upcoming initial public offering (IPO), people familiar with the matter said on Friday, taking advantage of the unexpectedly sharp recovery in its business after the COVID-19 pandemic roiled the travel industry. Read more »

World stocks slide after Trump gets coronavirus

Roland Jackson, Agence France-Presse
Posted at Oct 02 10:09 PM

Global stock markets were lower Friday after US President Donald Trump revealed that he and his wife had tested positive for the coronavirus, sparking even more uncertainty in the world's biggest economy just one month before Americans go to the polls.   Read more »

Secretive Big Data firm Palantir makes low-key stocks debut

Juliette Michel and Rob Lever, Agence France-Presse
Posted at Oct 01 08:45 AM

Data analytics firm Palantir, which has drawn fire over its law enforcement and national security work, made a low-key debut Wednesday on Wall Street at a hefty valuation of more than $20 billion. Read more »

JPMorgan Chase fined $920 million by US over market manipulation

Agence France-Presse
Posted at Sep 30 01:48 AM

JPMorgan Chase will pay $920 million to settle US civil and criminal charges over fake trades in the precious metals and Treasury markets designed to manipulate the market, US agencies announced Tuesday.   Read more »

Palantir announces plans for direct listing on NYSE

Agence France-Presse
Posted at Aug 26 08:58 AM

Data analysis specialist Palantir on Tuesday laid out plans to directly list shares on the New York Stock Exchange, shunning the typical tactic of going public by issuing new stock. Read more »

Gold hits record high on haven demand as markets rally sputters

Agence France-Presse
Posted at Jul 27 04:49 PM

Gold hit a record high Monday as investors rushed into the safe-haven on concerns about China-US tensions, a spike in virus infections around the world and a lack of progress on a new stimulus bill in Washington.   Read more »

PH shares drop on worries over virus spread

ABS-CBN News
Posted at Jul 15 06:20 PM

Philippine shares sank on Wednesday as the spread of COVID-19 continued to weigh on investors’ appetite.  Read more »

Factors to consider in choosing an online stock trading platform

Moneymax.ph
Posted at May 22 05:55 PM

Looking to try your luck with stock investing? Then you’ll need a good online stock trading platform. Find out what it is and how it can help you trade stocks in this short guide.  Read more »

Forget 2020: Stock market optimists look at 2021 for buy signals

Reuters
Posted at Apr 29 08:48 AM

Shrugging off reams of terrible economic data, plunging oil prices and dire corporate results, world stocks have recouped around half of this year's coronavirus-linked losses as investors flip over their calendars to bet on a strong recovery in 2021. Read more »

Chocolates and pills shield Swiss stocks from virus rout

Julien Ponthus, Reuters
Posted at Apr 23 08:28 AM

Shielded by the resilience of three behemoth defensive stocks, the Swiss blue-chip index has comfortably weathered the coronavirus storm compared with other European benchmarks which have sustained up to three times more damage. Read more »

Hopes of progress against COVID-19 lift world stocks; dollar, oil fall

Rodrigo Campos, Reuters
Posted at Apr 08 07:21 AM

World stock markets rose on Tuesday led by gains in Europe and Asia as signs of progress in curbing the spread of the novel coronavirus fueled investors' appetite for risk, though a steep, late sell-off on Wall Street erased gains in US stocks. Read more »

Stock markets and COVID-19: 5 questions every investor should ask

Deb Price, South China Morning Post
Posted at Mar 30 01:47 PM

Financial analysts are tapping diverse and sometimes quite esoteric data to try to predict how the spreading coronavirus pandemic will affect the price of assets -- everything from stocks on Hong Kong's Hang Seng Index to gold and orange juice futures. Read more »