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Stockmarket News
Carson Block, Muddy Waters, warns that London should not be a ‘race to bottom’
Muddy Waters' Carson Block believes London Stock Exchange is the world's "cleanest" stock exchange
One of America's most fearful short sellers said that the London Stock Exchange must avoid a "race towards the bottom" against New York.…
Tui Board recommends removal from London Stock Exchange
Tui, Europe’s largest tour operator has dealt another blow to London’s shrinking equity markets after recommending that its UK listing be cancelled next month.
Anglo-German Travel Group, which has reported revenues of €20.7bn by 2023 and…
Wall Street’s New Year hangover sends Big Tech stock lower
Wall Street stocks began the year with a tech-driven hangover, after the rally which ended in 2023 became cautious. Tech stocks had their worst day for more than two month.
The Nasdaq Composite ended the day down by 1.6 percent, its…
Foreign investors withdraw $33bn of bets on China’s growth
Nine-tenths (90%) of the foreign capital that was expected to flow into China's stock exchange in 2023 is already gone, due to growing doubts over Beijing's commitment to taking serious measures to boost the economy.
According to…
What is the stock market story for 2023? What is the future of US technology?
The FAANGs were once the five biggest US tech stocks dominating the investment landscape. These included Facebook (now Meta), Amazon (now Alphabet), Apple (now Netflix), and Google (now Alphabet). This picture is no longer relevant.…
Softbank and Arm Chiefs Meet Hunt as City Reforms Open Door to Secondary Listing in London
On Tuesday, Arm's chief executive and owner met with Jeremy Hunt at Downing Street. At the same time, regulators announced reforms that could encourage Arm to have a secondary listing in London.
On Tuesday, Rene Haas and Masayoshi son, the…
Investors abandon notion that interest rates would remain ‘higher’ for longer
The recent rally on global bond markets has dispelled investors' long-held belief that interest rates will continue to rise in the US, and other countries.
For the first time in August, the benchmark yield on the 10-year US Treasury,…
Macy’s offers $5.8bn in buyouts that could remove it from the stock market
Macy's, a department store chain in the US, is the subject of an offer of $5.8bn. (£4.6bn). This would mean that one of the most recognizable names in US retail would disappear from the stock exchange.
The Wall Street Journal reported…
India’s NSE is set to overtake Hong Kong as the world’s biggest market
Analysts say that the value of India's National Stock Exchange is set to surpass Hong Kong as the largest trading venue in the world. This rise is a testament to the optimism of investors about India's economic prospects.
According to…
Interest rate cuts lead to global stock market’s best month in 3 years
Investors are dumping risky assets as they believe that the Federal Reserve, and other central banks, is close to achieving its goal of fighting inflation.
The MSCI All-Country World Index rose by 9 percent in November. This was the best…
Stock Market Today: Dow and S&P live updates for November 23
The US holiday on Thursday offered little direction for Asian shares. The dollar edged down.
Futures on Japanese shares were stable, but the gains made in the previous session suggest benchmarks are likely to catch up after a long holiday.…
Stock Market Today – Dow and S&P live updates for November 21
The Federal Reserve minutes reaffirmed its cautious approach. Traders were focused on Nvidia Corporation after this year's massive rally in large tech.
Shares of the world's largest chipmaker fell in late trading after its latest…
LSEG pledges to buyback £1 billion in 2024 in order to boost guidance
London Stock Exchange Group Plc announced that it would execute £1 billion ($1.2billion) in buybacks for the next year. The company also increased its guidance, and revealed changes to its report structure.
In a announcement accompanying a…
FTSE 100 bosses demand that Hunt end the ‘vicious circle’ of stock market decline
FTSE 100 CEOs have warned that Jeremy Hunt needs to end the "vicious cycle" of Britain’s stock market decline.
Julia Hoggett is the chief executive officer of the London Stock Exchange. She, along with the members of the Capital…
Mining giant Glencore rejects London’s coal listing with a $7 billion deal
Glencore is the latest company that has snubbed the London Stock Exchange. The company confirmed plans to list its coal division in New York after it announced that it would spin off the business.
The FTSE 100 miner has announced…