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5 mins read

Bloodbath on D-Street on vote counting day: Sensex suffers worst single-day retreat in 4 years

The NSE Nifty tumbled 1,982.45 points or 8.52 per cent to 21,281.45 during the day. Later, it en…

PTI   


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2 mins read

Robinhood stock has 64% upside as the crypto market triples to $7.5 trillion, Bernstein says

Berstein analysts said this week that the latest bitcoin rally has solidified their outlook that th…

Aruni Soni   


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3 mins read

Japan is fast becoming the hottest market for luxury brands

LVMH is the latest luxury retailer to report strong sales growth in Japan, as Chinese consumers tra…

Alexandra Bacon   


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3 mins read

Why the start of the year has been so brutal for China's stock market

There are fundamental concerns about China's economy and Beijing's will to prop it up. "Snowball" d…

Huileng Tan   


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2 mins read

China has vowed to save its crashing stock market, but investors are just not convinced

China vowed to crack down on short-selling and insider trading, attract investment from longer-term…

Huileng Tan   


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1 min read

China is mulling rare intervention to arrest a $6 trillion stock-market meltdown, report says

Beijing is considering intervening to try to stabilize the crashing market, according to a Bloomber…

George Glover   


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2 mins read

China stocks have wiped out all of their gains since reopening from pandemic lockdowns

Over the past week alone, foreign investors dumped a net 24 billion yuan, or $3.3 billion, of onsho…

Jennifer Sor   


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3 mins read

Elon Musk dumped 75% of Tesla's bitcoin last quarter, and wants out of his deal to buy Twitter. Plunging asset prices and recession fears may explain why

Musk may be having second thoughts as Tesla, Twitter, and bitcoin have plunged in value this year, …

Theron Mohamed   


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3 mins read

Foreign investors are as spooked as they were in the first month of lockdown in India

India markets have never experienced the kind of foreign investor selloff that they are experiencin…

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2 mins read

US stock sell-off deepens as China lockdown concerns stoke global growth worries

The S&P 500, which has re-entered correction territory, is on track for lose ground for a fourth st…

Carla Mozée   


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2 mins read

China's CSI 300 stock index falls to 2-year low as widespread COVID-10 lockdowns dent economic outlook

A COVID lockdown in Beijing would put more pressure on the Chinese economy, which is expected to gr…

Carla Mozée   


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1 min read

Nio plummets 11% after it shuts down production due to supply chain disruptions caused by city-wide COVID-19 lockdowns in China

Tesla's Shanghai plant has been shut down since late March, while auto plants tied to Volkswagen's …

Matthew Fox   


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2 mins read

Chinese stocks continue to melt down as spike in COVID-19 cases spurs new lockdowns and threatens global supply chain

Lockdowns spurred by a surge in COVID-19 cases shut down factories operated by Foxconn that are use…

Matthew Fox   


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2 mins read

Oil prices slip as Chinese COVID cases reach record highs and lockdowns intensify

Crude fell towards $100 a barrel as rising Chinese COVID cases threatened the demand outlook.

Adam Morgan McCarthy   


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3 mins read

Forget reopening. The new COVID variant has 'stay-at-home' stocks rebounding.

Little is known about the new COVID strain except it may be vaccine-resistant. Meanwhile traders ar…

Ben Winck   


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2 mins read

Legendary investor Jeremy Grantham sees shades of the dot-com bubble in markets - and predicts stocks will slump and recession will strike

The AI craze and federal spending won't protect the stock market and economy from higher interest r…

Theron Mohamed   


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2 mins read

George Glover   


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7 mins read

Expect Nifty to end the December series on a positive note, reach a target of 18,900-19,000, says R Venkataraman of IIFL Securities

Even though the Nifty at a multiple of 19.5x offers little upside, R Venkataraman, chairman of IIFL…

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5 mins read

Indian metal stocks become attractive after massive underperformance and signs of recovery in China, says Jefferies

Heightened macro concerns hit metal stocks despite some improvement in China’s demand. In the first…

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1 min read

Pandemic-related stocks from Zoom to Moderna jump as new coronavirus variant raises alarms and triggers lockdowns

The stock prices of vaccine makers Moderna and Pfizer surged Friday along with stay-at-home stocks …

Isabelle Lee