Capital Markets & Currencies

Bitcoin hoarding company Strategy remains in Nasdaq 100

Concerns have grown over the sustainability of crypto treasury companies

The S&P 500 posted 32 new 52-week highs and five new lows while the Nasdaq Composite recorded 136 new highs and 98 new lows.

Wall Street ends lower; fears of AI bubble and inflation send investors away

Other companies that have benefited from AI bets but went into reverse on Friday included SanDisk

The pan-European Stoxx 600 was 0.53% lower at close.

AI jitters knock Stoxx 600 lower, wiping out early-week gains

Investors also favour a likelihood of White House economic adviser Kevin Hassett becoming the next Fed chair, a scenario that could lead to more cuts next year

The ringgit was at 3.1702 against the Singdollar on Friday (Dec 12), and broached 4.0928 against the greenback.

Ringgit hits three-year high against Singdollar, four-year high versus greenback

It is Asia’s best-performing currency this year as Malaysia’s robust macro fundamentals drive optimism for unit

Tokyo, Hong Kong, Sydney, Singapore and Seoul markets were up around one per cent on Friday morning.

Asian markets track Wall Street record after Fed cut

ASIAN equities rose on Friday as investors tracked a record day on Wall Street in the wake of the Federal Reserve’s latest interest rate cut.

The Stoxx 600 ended 0.55 per cent higher at 581.34 points on Thursday.

European markets end higher as investors cheer Fed cut; SNB holds rate

EUROPEAN shares closed higher on Thursday after a series of lukewarm sessions, as investors welcomed the US Federal Reserve’s overnight interest rate cut and assessed a policy decision from the Swiss ...

Oracle shares tumbled after the company’s quarterly forecasts fell short of analysts’ estimates.

US stocks: Dow, S&P 500 post record closes; Oracle drags on Nasdaq

THE S&P 500 and the Dow boasted record closing highs on Thursday as investors favoured financial stocks after a Federal Reserve policy update that was less hawkish than expected while the tech-heavy N...

The US Federal Reserve met expectations and cut interest rates by 25 basis points overnight.

Short-term market rally likely after Fed rate cut, but analysts say 2026 will hinge on fundamentals

Asia markets end mixed as the STI and KLCI gain, while Hang Seng, Nikkei and Kospi retreat

While fee rates fell, the US dollar amount banks earned from Hong Kong listings this year has still risen along with overall deal volumes.

Hong Kong IPO boom obscures sharp drop in underwriter fee rates

The booming overall pipeline means banks may be less inclined to cut fees to win business

CapitaLand Investment announced plans to recapitalise CapitaMall Xinduxin to realise value through its sale as the seed asset to the sub-fund.

Stocks to watch: Keppel Reit, CLI, MPACT, Ultragreen.ai, Ossia

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Dec 11):