Tag: Stocks
Record $322 billion in China loans for stock bets feeds volatility and prompts caution
SINGAPORE/SHANGHAI — China’s investors borrowed a record $322 billion to buy stocks this year, but sharp corrections this week and heightened regulatory scrutiny to...
Stocks snap five-day skid on bargain hunting
Share prices closed higher on Thursday as bargain hunters lifted the market from a five-day slump, though analysts cautioned that trading remained subdued ahead...
Asia markets perk up as Fed comments, jobs data point to rate cuts
SINGAPORE — Asian stocks were mostly higher on Thursday as dovish comments from Federal Reserve officials and a smooth auction of Japanese super-long debt...
Shares of Chinese AI chipmaker Cambricon tumble on profit-booking
SHANGHAI — Chinese AI chipmaker Cambricon Technologies slipped in morning trade on Thursday, as investors booked profits after a meteoric August rally fuelled concerns...
Stocks rebound but soft US jobs data, global bond selloff keep investors on edge
Wall Street stocks recovered some ground on Wednesday after technology conglomerate Alphabet rose on a favorable antitrust ruling, but gains were muted as investors...
