Wall Street

STI rises on further reopening of borders; tracks Wall Street gains on stimulus hopes - THE EDGE SINGAPORE

STI watch

STI rises on further reopening of borders; tracks Wall Street gains on stimulus hopes

The Straits Times Index (STI) gained 1.2% to 2,547.77 as at noon on Oct 12 from 2,517.23 previously.
Investors better off sleeping through US presidential debates, says UBS economist - THE EDGE SINGAPORE

Broker's Calls

Investors better off sleeping through US presidential debates, says UBS economist

Markets have remained calm following the debates in the absence of any policy surprises.

Tech

Wall Street ends lower as tech struggles resume

US stocks closed lower after a choppy trading session on Thursday as heavyweight tech-related stocks resumed their decline.

US Presidential Race

'Moderate' Kamala Harris pick puts Wall Street at ease

Some of the adjectives that Wall Street insiders use for her include "Normal" and "Grounded".

Gold

Precious metals sector attracting more investors on Wall Street due to Covid-19 crisis

A year ago, you couldn’t get Wall Street to touch most gold miners’ stocks. Today, it’s throwing billions at the industry.

Global Economy

Wall Street heavyweights are sounding alarm about stock prices

Legendary investors Stan Druckenmiller and David Tepper were the latest to weigh in after a historic market rebound, saying the risk-reward of holding shares is the worst they have encountered in years.

Tong's Portfolio

Liquidity to companies, not capital markets, needed

The sell-off has been fast and furious. There is indiscriminate selling across the board, regardless of quality, likely perpetuated by algorithm trading and exchange-traded funds.

US-China trade war

Trump’s threats to China capital

(Oct 7): It appears that there is nothing so extreme that you can contemplate that cannot become a White House tweet. In recent weeks, in briefing notes and forums, we have canvassed the extreme perimeters of US President Donald Trump’s trade war with C

1MDB Watch

Goldman CEO apologises to Malaysia for Leissner's 1MDB role

(Jan 17): Goldman Sachs Group Chief Executive Officer David Solomon apologised to the Malaysian people for the role that a senior banker at the firm, Tim Leissner, played in the 1MDB scandal.

US Economy

Trump's two-year stock honeymoon ends with hunt for betrayer

(Dec 24): Nobody was happier to take credit for surging stocks than Donald Trump, who touted and tweeted each leg up. Now the bull is on life support and the search for its killer is on.
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