Adds Tuesday News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Adds tuesday. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Adds Tuesday Today - Breaking & Trending Today
(Bloomberg) Cathie Wood last week made her first purchase of shares in LY Corp. in over a year, indicating a possible shift toward more positive sentiment on the operator of Yahoo! Japan and popular messaging app Line.Most Read from BloombergChina Is Softening Stance on Gaming After $80 Billion RoutEthiopia Fails to Pay Coupon, Becoming Latest African DefaulterBank of Russia Governor Says She Is Bracing for More SanctionsStock Futures Rise, Dollar Weakens in Thin Trading: Markets WrapGoldman’ ....
Bond Traders Get Nod from Auction to Keep Rally Rolling bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Thanks to swift central bank action to stamp out financial sector troubles, the investment case for European bank shares could be set for a complete reset. One where bulls are back in charge. With European banks rebounding on Tuesday for the second day in a row, the Stoxx 600 Banks Index has clawed back almost half of last week’s 12% rout, as worries about US bank deposit runs ebbed, and European regulators offered reassurances to holders of the riskiest bank bonds. Sector enthusiasts and there are plenty argue the shotgun deal for UBS Group AG to take over Credit Suisse Group AG has at a stroke removed a major, years-long overhang for Europe’s banking industry. They reckon that will be enough to return focus to the factors that drove European banks’ scintillating October-March rally cheap share price valuations and their underperformance when set against bond yields. “We take the view that in 6 to 12 months, European banks will be higher than what they are ....
WRAPUP 2-China energy crunch triggers alarm, pleas for more coal reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Tencent Shares Tumble After Approaching $1 Trillion Valuation Bloomberg 1/26/2021 Sofia Horta e Costa (Bloomberg) Tencent Holdings Ltd. slumped after a world-beating surge in the stock pushed its market value to the cusp of $1 trillion for the first time. The Chinese Internet behemoth lost 6.3% in Hong Kong on Tuesday, putting its market capitalization below $890 billion. Traders took profit after Monday’s 11% rally, which was Tencent’s biggest in almost a decade. Adding to the caution were comments by an adviser to China’s central bank at a conference, reported by local media, indicating that excessive liquidity was creating asset bubbles. Thousands of bullish Tencent options lost almost all their value, after some surged as much as 118,300% on Monday. The frenzy in derivatives trading pushed the cost of one-month Tencent options to the highest since March 2014 relative to those tracking the Hong Kong benchmark, according to data ....