Latest posts
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Rupiah Risks Remain After Surprise Indonesia Rate Hike
Bank Indonesia’s surprise rate hike rattled markets as the rupiah slid further, underscoring investor unease, Bloomberg’s Marcus Wong reports. (Source: Bloomberg)
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Tech Selloff an Opportunity: BlackRock’s APAC Head
BlackRock Head of Asia Pacific Susan Chan describes the selloff in tech stocks as an “opportunity”, saying markets have proven to be resilient over time. (Source: Bloomberg)
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Modular Power Systems Company ERock Raises $600 Million in IPO
ERock Inc. raised $600 million in a US initial public offering, pricing its shares at the midpoint of its marketed range.
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Korea’s Kospi Extends Losses on Chipmakers, War-Tied Jitters
South Korea’s equity benchmark fell Wednesday, with chip stocks resuming losses and risk appetite weakening following a US strike on Iran.
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Morgan Stanley Australia CEO on Property Market Outlook
Richard Wagner, CEO of Morgan Stanley Australia, said auction clearance rates and other metrics are “quite alarming,” which may suggest a downward pressure for pockets of the property market. He spoke to Shery Ahn and Haidi Stroud-Watts on Bloomberg: The…
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Malaysia Minister on Fuel Subsidy, Deficit Goals
Malaysia may not meet its fiscal deficit targets for 2026 as the Iran war drives up the cost of fuel subsidies, Second Finance Minister Amir Hamzah Azizan exclusively tells Bloomberg’s Haslinda Amin at the Invest Malaysia event. (Source: Bloomberg)
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Gold Extends Fall as Renewed US-Iran Clashes Test Fragile Truce
Gold extended a decline after the US launched fresh strikes against Iran in retaliation for the downing of a military helicopter, jeopardizing efforts to end the war that’s roiled global markets.
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Cuba Poised for Biggest US Fuel Shipment Since Cold War Embargo
A Florida trading company is in advanced talks to send Cuba the biggest cargo of US fuel since the Eisenhower administration as the island nation contends with an acute energy crisis.
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ASML’s Surge to Record High Masks Lowball Valuation Versus Peers
ASML Holding NV’s ascent to fresh record highs has been a highlight for European markets, yet it’s done little to improve what is the stock’s cheapest relative valuation in years.
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Stocks Set to Decline as US Hits Iran, Oil Gains: Markets Wrap
Asian equities were set to fall as tensions escalated in the Middle East after US forces struck Iran, while technology stocks remained under pressure on Wall Street. Crude oil climbed.
