Rheinmetall overtakes Volkswagen's market value as defence rally continues
  • March 13, 2025

Rheinmetall overtakes Volkswagen's market value as defence rally continues

FRANKFURT (Reuters) -Rheinmetall, Europe's biggest ammunition maker, has overtaken the continent's top carmaker Volkswagen in terms of market value, in the latest sign of soaring investor demand for defence stocks. Defence stocks across Europe have sky-rocketed in recent weeks, driven by the continent's efforts to ramp up military spending in response to U.S. pressure and policy shifts.

Hong Kong Mulls Lowering Threshold to Buy Most Expensive Stocks
  • March 12, 2025

Hong Kong Mulls Lowering Threshold to Buy Most Expensive Stocks

(Bloomberg) -- Hong Kong’s stock exchange is discussing options to lower the threshold for investors to buy some of the city’s most expensive stocks to stoke trading, according to people familiar with the matter.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsNYC Congestion Pricing Toll Gains Support Among City ResidentsElectric Construction Equipment Promises a Quiet RevolutionOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsProspect Medical’s Pennsylva

US dollar rises as markets consolidate positions; outlook remains downbeat
  • March 12, 2025

US dollar rises as markets consolidate positions; outlook remains downbeat

NEW YORK/LONDON (Reuters) -The U.S. dollar rose against most major currencies including the Swiss franc and the euro on Thursday, as investors consolidated positions after selling the greenback for most of this week, but the outlook remained weak amid concerns about slowing growth arising from the Trump administration's trade policies. U.S. President Donald Trump threatened to impose a 200% tariff on wine, cognac and other alcohol imports from Europe, opening a new front in a global trade war that has roiled financial markets and raised recession fears. Labor Department data on Thursday showed that U.S. producer prices were unexpectedly unchanged on a monthly basis in February, but the prospects of tariffs are unlikely to keep prices down in the coming months.

After-Hours Trading of US Stocks Has Picked Up Steam in Asia
  • March 12, 2025

After-Hours Trading of US Stocks Has Picked Up Steam in Asia

(Bloomberg) -- Investors in Asia ramped up their trading of US stocks outside of normal market hours last year, according to data from a popular platform, a sign of the increasing shift to all-hours equities trading.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsNYC Congestion Pricing Toll Gains Support Among City ResidentsElectric Construction Equipment Promises a Quiet RevolutionOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsProspect Medical’s Penns