Japan’s megabanks unite on digital yen and dollar stablecoin initiative
Japan’s three largest financial groups — Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Financial Group (SMBC), and Mizuho Financial Group — are…
TSMC profit surge shows how AI demand reshapes global chip supply chains
Taiwan Semiconductor Manufacturing Co. (TSMC) has reported a sharp rise in quarterly profit, underscoring how artificial intelligence (AI) is rewriting the dynamics…
Asian stocks end higher: Nikkei climbs 1.27%, Kospi surges over 2%
Asian equities advanced on Thursday, extending gains from the previous session as investors grew increasingly confident that the US Federal Reserve would…
Barclays share price to soar as US investment banking growth soars
Barclays share price has moved sideways this week as investors focus on the ongoing earnings by its biggest American peers like JPMorgan,…
World Gold Council says gold’s run not out of steam yet
Even as gold prices continue to hit new record highs every trading day, the rally might still have some legs, according to…
Dow futures surge 150 points on Thursday: 5 things to know before Wall Street opens
Dow futures rose nearly 150 points on Thursday, reflecting cautious optimism among investors following strong earnings from major banks. A similar pattern…
What’s behind Credit Suisse’s $440 million lawsuit against SoftBank and why it failed
A UK court has dismissed a $440 million lawsuit against Japan’s SoftBank group filed by Credit Suisse over losses from the collapse…
Nscale secures $14B Microsoft AI chip deal to power global data centres
London-based Nscale, backed by Nvidia, has struck a deal worth up to $14 billion with Microsoft to deploy roughly 200,000 Nvidia GB300…
Morgan Stanley posts strong Q3 earnings: what investors should know
Morgan Stanley reported its Q3 earnings on Wednesday and posted a solid quarter, surpassing Wall Street estimates with earnings per share of…
Dow futures climb 200 points on Wednesday: 5 things to know before Wall Street opens
Dow futures edged higher on Wednesday as investors look optimistic over a potential Federal Reserve rate cut and strong performance in chip…
