Top catalysts for Canada’s TSX Composite Index
Canadian stocks are firing on all cylinders this year, despite the headwinds brought by Donald Trump’s tariffs. The TSX Composite Index jumped to a record high of $29,283, up by…
AstraZeneca pauses £200mn Cambridge investment amid UK pharma uncertainty
AstraZeneca has become the latest major drugmaker to scale back investment in the United Kingdom, pausing a planned £200 million ($271 million) expansion of its Cambridge research site. The move,…
Top three ‘cash rich’ stocks that can weather any market downturn
With US equities hovering near record levels and economics indicators flashing warning signs – Morgan Stanley is urging investors to seek shelter in companies with robust free cash flows.According to…
US digest: Tesla surge, consumer sentiment dips, Gemini makes debut
Markets ended the week with a mix of corporate developments, economic data, and breaking news shaping investor sentiment. Tesla shares’ sharp rebound, weakening US consumer confidence, the capture of a…
Morgan Stanley’s Gower says gold rally shows evolving role beyond safe-haven
Gold’s price action offers significant insights into the global economy and financial markets, demonstrating that it is more than merely a safe haven asset, according to Amy Gower, Metals &…
Alibaba shares surge to highest since 2021 on AI, cloud push as analysts flag strong growth
Alibaba shares rallied on Friday after the Chinese technology giant unveiled a series of initiatives to expand its artificial intelligence and cloud capabilities, reinforcing investor confidence in its long-term growth…
Ocado shares sink 11% as Kroger reviews warehouse strategy
Ocado’s share price fell sharply on Friday after US grocery partner Kroger signalled a strategic rethink of its warehouse investments, triggering concerns over the British online grocer’s growth prospects in…
Morning news brief: Citi hires veteran; Goldman flags China oil outlook; Vietnam confirms data hack
A day of significant developments is underway across the Asia-Pacific, as a Wall Street giant makes a key strategic hire in Hong Kong, a top investment bank flags a bullish…
IEA slashes 2030 low-emissions hydrogen projections by a quarter
The International Energy Agency reported on Friday that the projected development of low-emissions hydrogen projects by 2030 has decreased by nearly a quarter. This decline is attributed to a combination of…
Vietnam cyberattack raises alarm as credit bureau breach threatens millions of records
Vietnamese authorities have confirmed a cyberattack on the National Credit Information Center (CIC), raising concerns about the safety of personal and financial data across the country’s lending sector. The breach,…