TOKYO, March 31 (Reuters) – Japan’s government on Friday said it plans to restrict exports of 23 types of semiconductor manufacturing equipment, aligning its technology trade controls with a U.S. push to curb China’s ability to make advanced chips. The trade and industry minister in a press release said it will impose export controls on … Read more
NEW YORK, Sept 29 (Reuters) – A nearly $16 billion JP Morgan fund is expected to reset its options positions on Friday, potentially adding to equity volatility at the end of a gloomy quarter for stocks. Analysts have in the past pointed to the JPMorgan Hedged Equity Fund’s quarterly reset roiling markets, and see it … Read more
Weekly jobless claims rise last week Faraday Future up on starting luxury EV production Roku gains on plans to cut 200 jobs Indexes up: Dow 0.45%, S&P 0.57%, Nasdaq 0.62% March 30 (Reuters) – Wall Street’s main indexes climbed on Thursday as fears of a banking crisis eased, with rate-sensitive realty and technology stocks leading … Read more
SINGAPORE, March 30 (Reuters) – Asia’s stock markets held recent gains on Thursday, as fears of a banking crisis receded and investors weighed whether a break-up of Chinese conglomerate Alibaba signals Beijing’s regulatory storm aimed at tech companies might finally be clearing. MSCI’s index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) rose 0.2%. Like the S&P … Read more
MSCI All-World index rises 0.3%, dollar eases UBS rehires Ermotti to head merged unit Alibaba soars 13%, lifts other Chinese tech stocks Oil rises, gold dips LONDON, March 29 (Reuters) – Global shares rose on Wednesday as investors took heart from a greater degree of stability in the banking sector, but the sense of optimism … Read more
March 29 (Reuters) – Shares in Alibaba Group (9988.HK) and other leading Chinese tech firms jumped on Wednesday, as investors cheered an unprecedented revamp of the Jack Ma-founded company as heralding the beginning of the end to Beijing’s crackdown on the sector. Alibaba said on Tuesday it was planning to split into six units and … Read more
HONG KONG, March 28 (Reuters) – Global stocks rose and the dollar softened on Tuesday, as a deal backed by the U.S. regulator for First Citizens BancShares to buy failed Silicon Valley Bank soothed wider worries about problems in the sector. MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) edged up 0.6% by early … Read more
Asian stock markets : Nikkei up 0.3%, S&P 500 and European futures rise Eyes on Deutsche Bank, credit default swaps Deposits flow to money market funds from banks SYDNEY, March 27 (Reuters) – Asian shares struggled on Monday while U.S. and European stock futures edged higher on hopes authorities were working to ring fence stress … Read more
March 23 (Reuters) – The Bank of England on Thursday followed the Federal Reserve and the Swiss National Bank in hiking interest rates, as policymakers ploughed on with their fight against inflation in the face of the instability that rippled through the global banking system this month. Investors had questioned whether the central banks could … Read more
NEW YORK, March 22 (Reuters) – As beleaguered First Republic Bank (FRC.N) considers its options, Treasury Secretary Janet Yellen said on Wednesday there is no discussion on insurance for all deposits, making a “bull case” scenario more difficult for the stock. First Republic, whose shares have lost much of their value since the banking crisis … Read more