Capital Markets & Currencies
US stocks: S&P 500, Nasdaq hit record closing highs on AI optimism, Micron joins US$1 trillion club
[NEW YORK] The S&P 500 and Nasdaq hit record closing highs on Tuesday (May 26), as artificial intelligence-fueled optimism offset anxiety over Middle East peace talks – concerns that were compounded b...
European equities slip as US strikes on Iran cloud peace prospects
EUROPEAN shares slipped on Tuesday (May 26) as doubts over the prospects of a deal to end the conflict with Iran weighed on sentiment after the US launched what it said were defensive strikes in the s...
Why China is tightening controls on overseas stock trading
The move has already rattled brokerages and investors, and could reshape how mainland Chinese access foreign market
Indonesian court upholds earlier dismissal of 2.28 trillion rupiah claim on Keppel unit’s land
The claimant, Tumpal Hutabarat, has been ordered to pay costs, similar to a February ruling
Singapore stocks fall as US strikes Iran despite peace talks; STI down 0.8%
Across the broader market, losers beat gainers 322 to 257, after 1.9 billion securities change hands
Taiwan overtakes India as the world’s fifth-largest stock market
The island’s ascent through the global equity rankings has been largely driven by chipmaker TSMC
China traders rush for exit after cross-border flow crackdown
The crackdown marks an escalation from late 2022
Stocks to watch: Sats, FLCT, Boustead Singapore
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (May 26):
Europe’s Stoxx 600 wipes out Iran war losses on peace deal hopes, AI optimism
The European tech sector has rallied the most among Stoxx 600 peers this quarter and is up over 25%