Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
Trump team's $5B Middle East fund plan: what it means
The Trump team is reportedly floating a $5 billion fund to rebuild Middle East infrastructure, from a Strait of Hormuz bypass to port expans
Resident Evil's record $60M opening lifts box office outlook, IMAX shares
Resident Evil's $60 million opening weekend set a franchise record and beat expectations. B. Riley raised its Q3 box office outlook, and IMA
Nasdaq jumps 2% as Treasury yields ease and oil prices slide
US stocks bounced Monday, led by a 2% Nasdaq jump, as Treasury yields dipped from their highest level since 2007 and oil prices fell sharply
Treasury yields fall but curve flattens as Fed hike bets persist
US Treasury yields fell as oil prices and European bond yields dropped, but the 2-year yield held near a two-year high on Fed hike bets. The
Asian ADRs open week higher as Canaan jumps 11%, VNET gains 7%
Asian ADRs trading in the US started the week higher, with the S&P Asia 50 ADR Index up 0.83%. Gains were led by Canaan (+11%) and VNET (+7%
DRI Healthcare bets $316M on Parkinson's drug royalty, pending FDA approval
DRI Healthcare Trust has agreed to pay $316 million for a share of future US sales of tavapadon, an experimental Parkinson's treatment. The
India's NSE IPO draws $10B in bids ahead of Thursday debut
India's National Stock Exchange pulled in over $10 billion in bids for its $2.3 billion IPO, covering the deal 5.7 times. Shares start tradi
HKEX proposes easier rules for mid-sized deals and spin-offs
Hong Kong's exchange operator wants to ease the burden on listed companies doing mid-sized deals and spin-offs. A consultation proposes rais
JPMorgan and Qatar's sovereign fund plan $20 billion investing partnership
JPMorgan and Qatar's sovereign wealth fund have agreed to a $20 billion investing partnership covering public and private markets in equitie
Saudi stocks slip as Hormuz shipping traffic drops sharply
Saudi Arabia's Tadawul index closed 0.63% lower as vessel traffic through the Strait of Hormuz fell from 37 to 17 ships in a week. Brent cru
Abu Dhabi stocks slip while Dubai holds steady on US-Iran jitters
Abu Dhabi's main stock index fell 1.6% while Dubai's was flat, even as oil prices slipped below $102 a barrel on US-Iran tensions. The split
Asian stocks climb as Xi's US visit and falling oil lift sentiment
Hong Kong and Shanghai stocks gained while Brent crude slid 2.5% after state media said Xi Jinping will visit the US from Sept. 23-25. Inves