JPMorgan Upgrades Singapore Stocks to Overweight After Budget
  • February 18, 2025

JPMorgan Upgrades Singapore Stocks to Overweight After Budget

(Bloomberg) -- JPMorgan Chase & Co. has upgraded Singapore stocks to overweight, citing government support to the market, high dividend yields, and fiscal room to cushion the impact of an external slowdown.Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaTrump Child Refugee Agency Shares Data With Immigration EnforcersA Filmmaker’s Surreal Journey Into His Own Private Winnipeg“We b

Carson Block Stays Away From Chinese Stocks’ Widening Rebound
  • February 18, 2025

Carson Block Stays Away From Chinese Stocks’ Widening Rebound

(Bloomberg) -- Carson Block, a longtime China skeptic, is giving the nation’s current stock market rally a miss, citing unreliability in corporate accounting and geopolitical risks.Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaTrump Child Refugee Agency Shares Data With Immigration EnforcersA Filmmaker’s Surreal Journey Into His Own Private Winnipeg“What I’ve been banging the dr

China Revamps Power Market Rules In Challenge to Renewables Boom
  • February 18, 2025

China Revamps Power Market Rules In Challenge to Renewables Boom

(Bloomberg) -- China’s unprecedented boom in renewable energy is facing a fresh challenge from government rules that will allow market forces to determine the price of new wind and solar power.Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaTrump Child Refugee Agency Shares Data With Immigration EnforcersA Filmmaker’s Surreal Journey Into His Own Private WinnipegThe mandate from J

S&P 500 Hits All-Time High in Late-Day Advance: Markets Wrap
  • February 18, 2025

S&P 500 Hits All-Time High in Late-Day Advance: Markets Wrap

(Bloomberg) -- A rally in chipmakers drove stocks to all-time highs, while US-Russia talks raised hopes of an end to the war in Ukraine.Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaTrump Child Refugee Agency Shares Data With Immigration EnforcersA Filmmaker’s Surreal Journey Into His Own Private WinnipegThe S&P 500 topped its January record.Equities have been stuck in a narrow

Morning Bid: Rate decisions roll in, markets hold firm at highs
  • February 18, 2025

Morning Bid: Rate decisions roll in, markets hold firm at highs

Two interest rate decisions and Chinese house prices top the Asia-Pacific calendar on Wednesday, with markets still pretty buoyant even as investors navigate the increasingly powerful crosscurrents of global trade and geopolitical uncertainty. When it comes to U.S. monetary policy, the Federal Reserve is adopting a similar stance too. The Reserve Bank of New Zealand on Wednesday is expected to lop another 50 basis points off borrowing costs to counter slowing growth, while Bank Indonesia is set to hold rates to shore up the weak exchange rate, according to Reuters polls.