Why stocks can still advance after a Fed hike, according to a Wall Street strategist

The investment bank found that stocks in the energy and information technology sectors perform best one year after an ...

Ant International-Backed Fintech Unicorn Gets Regulatory Nod for Philippines's Largest-Ever IPO

A Philippine fintech unicorn backed by Ant International has secured approval from the Philippine Stock Exchange for a nearly $1.3 billion initial public offering that, if completed, would be the ...

Premarket movers: Intel, Coinbase, Nucor and Xenon

Intel stock rose 3% as AI plays were mostly higher. Companies tied to bitcoin rose as the cryptocurrency hovered just below $78,000, as Coinbase Global, Strategy and Robinhood Markets advanced in ...

The yen weakened after the Bank of Japan hiked interest rates but two dissent

A counterintuitive move saw the U.S. dollar rise against the Japanese yen, and the 2-year Japanese bond yield dip, after the Bank of Japan lifted interest rates. Deutsche Bank strategist Jim Reid said ...

Sweden's EQT Buys Rexford Logistics-Property Portfolio for $1.2 Billion

Swedish buyout group EQT AB bought a logistics portfolio from Rexford Industrial Realty in southern California, in a deal the seller said was valued at $1.2 billion.

TotalEnergies Signs an Agreement with GIP on African Energy Infrastructure Assets

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has entered into a partnership agreement with Global Infrastructure Partners (GIP), a part of BlackRock, relating to TotalEnergies' interests in some oil ...

Advance Create 9-Mos Loss Y768.00M Vs Loss Y1.41B

Japan Nine Months Ended June 30 GROUP 2026 2025 Revenue Y4.86 bln Y4.84 bln Operating Profit (Y271.00 mln) (Y699.00 mln) Pretax Profit (Y340.00 mln) (Y859.00 mln) Net Profit (Y768.00 mln) (Y1.41 bln) ...

AirAsia's Founder Says It Hasn't Sought Government Bailout

KUALA LUMPUR, Malaysia--AirAsia hasn't sought a government bailout or had aircraft grounded or repossessed over nonpayment, co-founder and adviser Tony Fernandes said.

As Fed rolls out its first interest-rate hike in 3 years, market braces for more increases

The Federal Reserve on Wednesday increased its benchmark interest rate by 25 basis points, matching expectations, while ...

Why optical stocks Lumentum and Coherent were the day’s biggest S&P 500 gainers

Investors are looking further down the AI data-center supply chain for signs of demand amid concerns of a spending slowdown, ...

A Fed hike could hit the non-AI economy hard, economist Zandi says

Some economists worry that a Federal Reserve rate hike would damage the economy and not do anything to tame inflation. “Once ...

Asian Stocks Rise, Bond Yields Fall as Oil Prices Ease

Asian government-bond yields also declined. The yield on Japan's 10-year government bonds fell 4.5 basis points to 2.945%, while its Australian counterpart dropped 4.8 basis points to 5.263%. The ...