Capital Markets & Currencies
US stocks: Wall Street slumps as Middle East uncertainty spooks investors
WALL Street’s main indexes fell sharply on Thursday and the Nasdaq confirmed a correction as investors worried about escalation in the US-Israeli war against Iran, which has sent oil prices soaring an...
Nasdaq Composite confirms correction as war worries weigh
Investors are wondering whether the downturn is a temporary dip or not
European shares snap win streak as Middle East conflict fans inflation worries
EUROPEAN shares ended a three-day winning streak on Thursday as hopes of an imminent de-escalation in the Middle East conflict faded, prompting traders to reassess their interest rate expectations.
Hong Kong bourse plans micro futures on Hang Seng, tech index
Micro futures would offer a cheaper way to hedge or gain exposure to Hong Kong’s key benchmark indexes
Stocks to watch: Stoneweg Europe Stapled Trust, Lippo Malls Indonesia Retail Trust
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Mar 26):
Japan posts longest streak of first-day IPO flops since 2020
Japanese stocks have entered a technical correction this month as the war in Iran turned investors more risk averse
Wall Street advances as investors bet on Middle East de-escalation
The oil price spike has revived inflation worries, complicating the interest-rate outlook of central banks
Europe’s Stoxx 600 gains over 1% on Middle East ceasefire hopes
The major regional bourses also advanced more than 1%
No rush by SGX listcos to embrace forward guidance; ‘phased adoption’ likely: observers
They attribute this to factors such as legacy practices and concerns about regulatory risk
Indonesia rupiah rises most in six months, stocks gain in reopen
The rupiah has also weakened past Asian Financial Crisis levels to a record low
